First, as I have just argued, slow growing industrial countries will be much less likely to be able to absorb a substantial additional amount of imports in the foreseeable future. Other emerging markets certainly could absorb more, and a regional focus for exports will pay off. But the world as a whole is unlikely to be able to accommodate another export-led China.
By the end of 2017, SBCI had facilitated over € in loans to SMEs. The Ireland Strategic Investment Fund (ISIF) also participates in the SME finance market, including by taking direct equity positions in companies and facilitating greater access to credit. At the end of 2017, ISIF had € in commitments to SME-orientated projects.