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Japan’s Credit Guarantee System Reform of 2017 and New Functions of Credit Guarantee Associations

Author

Listed:
  • Nobuyoshi Yamori

    (Research Institute for Economics & Business Administration (RIEB), Kobe University, Japan)

Abstract

In June 2017, the Japanese Diet passed “the Act on the Partial Revision of the Small and Medium-sized Enterprise Credit Insurance Act to Promote Improvements and Developments of SME's Business Management” (Credit Guarantee System Reform Act in short) in order to enhance the roles that credit-guarantee system plays in terms of supporting SMEs. In this paper, the author, who was a member of the Small and Medium Enterprise Policy-Making Council's Financial Working Group (the Financial WG), tries to explain what this reform aims.

Suggested Citation

  • Nobuyoshi Yamori, 2018. "Japan’s Credit Guarantee System Reform of 2017 and New Functions of Credit Guarantee Associations," Discussion Paper Series DP2018-03, Research Institute for Economics & Business Administration, Kobe University.
  • Handle: RePEc:kob:dpaper:dp2018-03
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    File URL: http://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/DP2018-03.pdf
    File Function: First version, 2018
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    Keywords

    Credit guarantee; SMEs; Bank; Government support; Japan;

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