SME Development: Government Procurement and Inclusive Growth
Asian Development Bank | November 2012
Abstract
Despite the Asia and Pacific region’s unprecedented economic success and poverty reduction, income inequality is widening. Economic data suggests that a significant number of Asian countries have experienced increased income inequality over the past 2 decades. Small and medium size enterprises (SMEs) can play a major role in closing this divide. According to the SME Finance Forum, they are crucial for growth and job creation, accounting for nearly 86% of employment opportunities in developing countries. SMEs are seen to reduce income concentration with a disproportionate impact on minority or poor populations. Earlier World Bank estimates suggest that SMEs in the People’s Republic of China (PRC) account for 99.9% of the total number of businesses, employ 84% of the nation’s workforce, and account for 71% of total sales.
Citation
Asian Development Bank. 2012. SME Development: Government Procurement and Inclusive Growth. © Asian Development Bank. http://hdl.handle.net/11540/2608. License: CC BY 3.0 IGO.Keywords
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Gender
Gender Bias
Gender Differences
Gender Discrimination
Gender Equality
Gender Gaps
Gender Inequality
Gender Issues
Gender Relations
Gender Roles
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Comparative Analysis
Social Research
Sex Discrimination
Employment Discrimination
Women's Rights
Equal Opportunity
Equal Pay
Feminism
Men's Role
Women's Role
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Gender-based analysis
Sex differences
Job bias
Equal employment opportunity
Fair employment practice
Job discrimination
Affirmative action programs
Sex dicrimination against women
Pay equity
Sexism
Equal rights amendment
Emancipation of women
Equal rights
Women's movements
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