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SMEs are key to strengthening productivity, delivering more inclusive growth and adapting to the major transformations … of our time. SMEs that grow have a considerable positive impact on employment creation, innovation, productivity growth … to incentivise risk-taking and experimentation by entrepreneurs, and foster business growth potential. Access to …
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Because excessive specialization can be risky, diversification matters for sustainable development. A case study of … Madagascar, this paper begins by briefly discussing economic and institutional diversification and presenting a simple model of … production possibilities to illuminate the possible contribution of diversification to economic and social development in …
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