ASEAN Small and Medium Enterprises: Towards a Sustainable Integrated Economy
Vineles, Phidel Marion G. | May 2017
Abstract
This policy brief underscores the importance of small and medium enterprises (SMEs) in ensuring sustainable economic development in ASEAN. It discusses the opportunities and impediments that SMEs in the region face. New policy anchors are recommended for the successful implementation of the five strategies laid out in the ASEAN Strategic Action Plan for SME Development (SAPSMED 2016-2025), namely, (1) promote productivity, technology, and innovation; (2) increase access to finance; (3) enhance market access and “internationalisation”; (4) enhance policy and regulatory environment; and (5) promote entrepreneurship and human capital development. Pursuing these strategies requires support by the respective governments, effective regional efforts and effective representation of SMEs’ interests.
Citation
Vineles, Phidel Marion G.. 2017. ASEAN Small and Medium Enterprises: Towards a Sustainable Integrated Economy. © S. Rajaratnam School of International Studies. http://hdl.handle.net/11540/7346.Keywords
Local Finance
International Monetary Relations
Local Finance
Banks
Capital Market
financial statistics
Foreign trade
Trade Finance
Rural Finance
Regional Development Finance
Public Financial Management
Public Finance
International Finance
Intergovernmental Finance
Financial System
Financial Flows
Financial Assets
Finance And Trade
Trade Finance
Municipal government
Metropolitan government
International banks and banking
Capital movements
Central banks and banking
Bills of exchange
Swaps
Banks and banking
Stock exchanges
Market
Exchange
Balance of trade
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