11.437 Financing Economic Development, Fall 2003

Focuses on financing tools and program models to support local economic development. Includes an overview of private capital markets and financing sources to understand capital market imperfections that constrain economic development; business accounting; financial statement analysis; federal econom...

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Bibliographic Details
Main Author: Seidman, Karl F.
Language:en-US
Published: 2003
Subjects:
Online Access:http://hdl.handle.net/1721.1/35714
Description
Summary:Focuses on financing tools and program models to support local economic development. Includes an overview of private capital markets and financing sources to understand capital market imperfections that constrain economic development; business accounting; financial statement analysis; federal economic development programs; and public finance tools. Program models covered include revolving loan funds, guarantee programs, venture capital funds, bank holding companies, community development loan funds and credit unions, micro enterprise funds, and the use of the Community Reinvestment Act to leverage bank financing.