Economic and social transformation of post apartheid South Africa has been a central goal for the democratic regime but broad empowerment of the majority of black South Africans is yet to take place. Small, Medium and Micro Enterprises (SMMEs) have been recognized as central for economic growth...

The Russian invasion of Ukraine disrupted a V-shaped economic post-pandemic recovery in Central and West Asia. It affected global supply chains and slowed the region's growth momentum while adding inflationary pressures. Private businesses were adversely affected by the impact of the invasion...

Limited data on micro, small, and medium-sized enterprises (MSMEs) make it difficult for governments to design appropriate MSME policies in Asia and the Pacific. To identify factors affecting MSME development and promote evidence-based policymaking, we propose a probabilistic principal component...

The coronavirus disease (COVID-19) pandemic disrupted businesses, economies, and societies worldwide. This study employs unique data from Indonesia to investigate whether and how digitalization of micro, small, and medium-sized enterprises (MSMEs) helped them weather the adverse shocks from the...

Most micro, small, and medium-sized enterprises (MSMEs) operate informally. While informal sectors are thought to contribute less to national economic development, MSMEs are a driving force behind national economic growth. Thus, formalizing informal MSMEs is critical to boosting national...

The novel coronavirus disease, COVID-19, has brought significant change to people's lives and business activities nationally, regionally, and globally. The Philippines took swift action-including enhanced community quarantine (ECQ)-to contain the pandemic and launched an emergency subsidy...

Um seine Wettbewerbsfähigkeit zu sichern, setzt der Mittelstand vor allem auf Innovation und Wachstum. Dies ist das Ergebnis der Unternehmensbefragung zu den Herausforderungen des Mittelstands. Anders als die Experten im Zukunftspanel Mittelstand 2017 stellen die Unternehmen die Digitalisierung...