The demand and financial shock group includes the shocks to government consumption, import demand, export demand preferences, monetary policy, as well as the domestic and external risk premium shocks, the shock to the survival rate of the wholesale banks, and the shock to the mark-down parameter of the retail banks.
A special word of thanks to Mr. Iwan Sewberath-Misser, Country Representative at Inter-American Development Bank, and to the various Ministries who have lent much support to this event. There is no doubt that the importance of the SME sector to the supply side of the economy is much more widely appreciated now than it used to be.