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    The Missing (Small) Businesses of Southeast Asia

    Schaper, Michael T | July 2020
    Abstract
    In 2019, the ASEAN Federation of Accountants proclaimed that small- and medium-sized enterprises (SMEs) are the “backbone” of the regional economy, accounting for most businesses active in the region (Pratama 2019). Theirs is not an isolated claim: many other policymakers, industry advocates and commentators have made similar statements. ASEAN (2020) itself, for example, has stated that SMEs are “… an increasingly important force in ASEAN economic integration.” It is an interesting rhetorical flourish, but is it supported by much data on the public record? Is Southeast Asia really full of small businesses, and if so, how many are there today? In this paper, public data on the number of such firms are examined and collated across the ten economies of the region. A number of trends apparent in the figures are also discussed, as are the shortfalls in data collections, and some suggestions are offered about how this can be improved in future.
    Citation
    Schaper, Michael T. 2020. The Missing (Small) Businesses of Southeast Asia. © ISEAS Yusof Ishak Institute. http://hdl.handle.net/11540/12240.
    ISSN
    2335-6677
    Keywords
    Small Business Finance
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Intraregional Trade
    Governance
    Good Governance
    Governance Approach
    Governance Capacity
    Governance Models
    Governance Quality
    Regional Policy
    Regional Perspectives
    Regional Government
    Regional Development
    Regional Cooperation
    Interregional Cooperation
    Small business
    Medium business
    Small to medium sized enterprises
    SMEs
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Trade Regulations
    Exchange Rate
    Economic zones
    Protection
    Business Management
    Institutional
    Framework
    Business Ethics
    Regional Plans
    Project finance
    Development Bank
    Common Markets
    Incentives
    Small business
    Business
    Economics
    Communication in economic development
    Restraint of trade
    International economic integration
    Trade blocs
    East-West
    Exchange rates
    Economic Zones
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Bureaucracy
    Cabinet system
    Common good
    Executive power
    Government
    Separation of powers
    Transparency in government
    Regional economics
    Community development
    Funds
    Show allCollapse
    Citable URI
    http://hdl.handle.net/11540/12240
    Metadata
    Show full item record
    Thumbnail
    ISEAS_Perspective_2020_79.pdf (393.6Kb)
    Author
    Schaper, Michael T
    Theme
    Small Medium Business
    Governance
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise