Another barrier to growth is the limited access to risk capital and long-term financing, particularly for small and medium enterprises (SMEs) that are the backbone of our economies. In Curacao, the fragmentation in the market for high-risk financing should be addressed. The current public entities should consider working more closely together and eventually merging in the future.
4/6  BIS central bankers' speeches  The euro area, for instance, has its own “untapped” funding source: savings surpluses of more than € billion a year.5 These savings surpluses are driven in part by the greater need to provide for old age in times of demographic change and low interest rates.