Here, the “environment and energy business” accounts for the largest share, followed by the “medical, nursing cares, and other health-related business” and the “development and upgrading of social infrastructure.” Indeed, the GFSF has induced sizable efforts by financial institutions to support strengthening the foundations for economic growth.
Let me point out three theoretical rationales of these fund-provisioning measures or facilities from the Schumpeterian perspective that I have explained. First, they make the most of the Schumpeterian bankers’ informational capacity in screening innovative entrepreneurs and providing information valuable that will allow them to grow.