This article explores trade barriers SMEs face and how trade policy can be used as an important tool to ensure greater participation of SMEs in international trade.
Networking and Information: Crucial Ingredients in Empowering Women Owned and Led Micro, Small and Medium Enterprises in Sri Lanka
In this special article to mark the Intentional Women’s Day Sunimalee Madurawala points out the importance of enhancing access to ‘information’ and ‘networking’ in order to empower women entrepreneurs.
Government institutions and regional chambers must take lead role in creating more awareness on standards among SMEs and help them in implementation.
A new study by IPS and Oxfam focuses on the need to unleash potential of female entrepreneurship in Sri Lanka, and reveals that better business development services can go a long way in helping women-operated businesses.
Last week, a team of Korean experts, who had been tasked with making recommendations on five policy areas for Sri Lanka (including SME development), submitted their final report to the authorities. I was particularly interested when I heard of this visit as I just completed a Visiting Fellowship at the KDI where my key research area was industrial policy in Korea, with a focus on SMEs. In the final research paper, I put forward some aspects of Korea’s SME development that may hold lessons for Sri Lanka. This article highlights some of those ideas for further debate.