Because of the greater riskappetite of equity investors and their longer term investment horizon(Refers to an external site). Currently, however, European SMEs are heavily reliant on own funds and bank loans for their green and innovative projects. In the US, for example, they would be able to turn to venture capital.
What is new is the nature of Barbados’ economic interface with the rest of the world. Very little now remains of the sugar economy of the last three centuries. What we have today is an economy driven by international commerce in services, principally tourism services, with international business and financial services (IBFS) in second place.