Private equity can rebuild the economy and its reputation, CBDC is a public good and more
THE WEEKEND REVIEW – OMFIF
Latest opinion and analysis from OMFIF around the world
6-10 July 2020, Vol.11 Ed.26
Private equity can rebuild the economy and its reputation: Equity, not debt, will be key to pump-priming the British economy and revitalising businesses. Large businesses can issue bonds and stocks, an expensive process out of reach for small firms. Small firms also struggle to borrow from banks, which want security and reliable cash flows. What small firms need is equity. The smaller sectors of private equity are focused on helping promising companies grow. Private equity can help businesses reopen and recover, writes Chris Papadopoullos.