International Best Practice SME Promotion Agencies
Introduction
The small size of SMEs, the challenge of real exchange rate, limited access to finance, bureaucratic procedures in setup, poor infrastructures, poor skilled manpower, globalization, and trade liberalization between countries put more challenges before SMEs. Removing these obstacles would increase SME development, which in turn would grow economic capacity and help decrease unemployment.
SME development requires the ability of governments to endorse cross-cutting strategies for macroeconomic policies. This can be done through simplified legal and regulatory framework, good governance, accessible finance, suitable infrastructures, supportive education, sufficiently healthy ...
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