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Enhancing the Role of SMEs in the Arab World—Some Key Considerations

Author: Vahram Stepanyan

Publisher: International Monetary Fund

Published: 2019-12-13

Total Pages: 27

ISBN-13: 1513522760

Small and medium-sized enterprises (SMEs) are a cornerstone of Arab economies, accounting for over 90 percent of all businesses and providing a major source of new job creation. Governments across the Arab World recognize the important role that SMEs can play in delivering higher and more inclusive growth. Many have rightly placed SME development at the center of growth and jobs strategies to meet the needs of young populations. Authorities have initiated policy interventions and schemes to support SME development. But progress so far has been patchy, and more comprehensive policy action is needed. Fostering vibrant and competitive SMEs that contribute to employment opportunities and high value-added output requires various stakeholders to deliver on a broad range of factors. Arab governments need a holistic policy approach that addresses the gaps in access to finance, creates an enabling business environment, and upgrades human capital and infrastructure. The approach should also promote an entrepreneurial mindset.

Informality and Structural Transformation in Egypt, Iraq and Jordan A Framework for Assessing Policy Responses in the MENA Region

Author: OECD

Publisher: OECD Publishing

Published: 2024-06-11

Total Pages: 135

ISBN-13: 9264887792

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The report Informality and Structural Transformation in the Middle east and North Africa outlines a framework for assessing the impact of economic and social policies on informality. The framework was developed jointly by the ILO, OECD and UNDP, and is thought as a hands-on instrument, allowing policy makers to foresee early on in the policymaking cycles the effects diverse economic and social policies could have on the informal economy.

Drivers of SME Growth and Sustainability in Emerging Markets

Author: Dadwal, Sumesh

Publisher: IGI Global

Published: 2024-03-19

Total Pages: 328

ISBN-13:

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Various sectors of emerging markets face unique challenges, largely related to the gap between small and medium-sized enterprise (SME) research and practice. The relationship between SMEs and agriculture, tourism, and other key industries requires a close examination to understand the intricacies of their interplay. An emphasis on the need to bridge this gap, and strategies for scaling up and embedding new sustainability and technology trends into SME strategies is necessary for a healthy growth strategy within emerging markets. Drivers of SME Growth and Sustainability in Emerging Markets is a comprehensive book that delves into the intricate dynamics of small and medium-sized enterprises (SMEs) operating in developing economies. With a focus on a keen awareness of the challenges faced by SMEs, this book offers valuable insights for marketers, entrepreneurs, practitioners, and policy makers seeking to unlock the potential of these vital economic contributors. With a focus on entrepreneurship capacity building and government schemes designed to support SMEs, this book equips readers with the knowledge and tools to create an enabling environment for sustainable SME growth. From identifying bottlenecks and challenges to presenting innovative business models and sustainable practices, this book serves as a vital resource for business students, management faculty, and professionals seeking to navigate the complexities of SMEs in emerging markets.

Iraq

Author: International Monetary Fund. Middle East and Central Asia Dept.

Publisher: International Monetary Fund

Published: 2024-05-16

Total Pages: 40

ISBN-13:

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Iraq: Selected Issues

Navigating beyond COVID-19 Recovery in the MENA Region

Author: OECD

Publisher: OECD Publishing

Published: 2022-07-14

Total Pages: 119

ISBN-13: 9264681949

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Navigating beyond COVID-19: Recovery in the MENA Region reflects on the impacts of the COVID-19 crisis on MENA countries and the potential changes it may bring to their reform agendas. It addresses not only the ongoing effects of the crisis, but also examines long-term consequences and identifies emerging new trends.

Enhancing the Role of SMEs in Global Value Chains

Author: OECD

Publisher: OECD Publishing

Published: 2008-10-23

Total Pages: 102

ISBN-13: 9264051031

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This report identifies the ways in which governments, the business community, and international organisations can facilitate SMEs’ gainful participation in global value chains through policies, practices and targeted support programmes.

Government Incentives for Innovation and Entrepreneurship

Author: Mahmoud M. Abdellatif

Publisher: Springer Nature

Published: 2022-11-30

Total Pages: 283

ISBN-13: 3031101197

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This book examines the role of government fiscal and non-fiscal incentives in spurring innovation and entrepreneurship in developed and developing economies. It explores and examines the role of government programs in different stages of firm growth pre-startup, startup, and scale-up. By developing a theoretical framework and reviewing international evidence, the book identifies the best combination of government incentives to stimulate innovation and entrepreneurship, and provides concrete policy recommendations for decision-makers. Some of the issues tackled in this book include national innovation policy, innovation support programs, effectiveness of the support, challenges associated with the programs, risk-sharing and partnerships for innovation. This book is of interest to academics, students, practitioners, policymakers, governmental and non-governmental organizations as well as other stakeholders who wants to be informed about the challenges, progress and current trend in stimulating innovation and entrepreneurship.

Entrepreneurial Rise in the Middle East and North Africa

Author: Stavros Sindakis

Publisher: Emerald Group Publishing

Published: 2022-03-02

Total Pages: 327

ISBN-13: 1800715196

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Entrepreneurial Rise in the Middle East and North Africa: The Influence of Quadruple Helix on Technological Innovation explores the relationships and inter-dependencies between innovation, political regimes, and economic and social development throughout the Middle East and North Africa region.

Competitiveness of Smes in the Arab Countries

Author: Hussein Elasrag

Publisher: Createspace Independent Publishing Platform

Published: 2017-07-02

Total Pages: 138

ISBN-13: 9781548529390

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Promoting (SMEs) have been one of the best strategies for achieving economic development. Many Arab countries have recognized the importance of small and medium-sized enterprises (SMEs), and have formulated policies to encourage, support, and fund there. The benefits of SMEs to any economy are easily noticeable, they include: contribution to an economy in terms of creation of jobs, development of skilled and semi-skilled workers, and developing and adapting appropriate technological approaches. Following are the major driving force to strengthen SMEs in the Arab countries: (1) SMEs are the important vehicle in terms of employments and poverty alleviation. SME employs a large share of the labor force in many Arab countries.(2) SMEs make significant contributions to the national economy of the country; and can be a tool to accelerate the growth of exports. (3) SMEs foster an entrepreneurial culture and make the economy more resilient to the global fluctuations. This book's aim is to layout some general principles of support to enhancing the competitiveness of SMEs in the Arab countries.

Competitiveness of the Small and Medium-Sized Enterprises

Author: Hussein Elasrag

Publisher: Createspace Independent Publishing Platform

Published: 2016-04-07

Total Pages: 116

ISBN-13: 9781530933532

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Due to their increasing importance to production growth and vital relation with various productive sectors in society, small and medium enterprises (SMEs) have become one of the key instruments to face economic and social problems and achieve development objectives in most industrial and developing countries. They contributions to employment creation, productivity improvement, and income generation are underutilized in the Arab countries at a time when economic transformation is shifting the onus for productivity from the public sector to the private sector. Population growth and economic restructuring in many Arab countries make the creation of substantial new employment opportunities a necessity.SMEs play a significant role in Arab countries, both in terms of the total number of enterprises, as well as their contribution to employment levels.This book ultimate aim is to layout some general principles of support to enhancing the competitiveness of SMEs in the Arab countries.