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Enabling Environment for the Successful Integration of Small and Medium-sized Enterprises in Global Value Chains: Country Studies on Bangladesh, Nepal and Sri Lanka, Studies in Trade and Investment No. 70
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| Author(s):
Trade and Investment Division (TID)
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| Economic Sector(s):
(1) Trade in commodities and manufactures |
| ESCAP Reference
No.: ST/ESCAP/2610 |
| Division/Office:
Trade and Investment |
| Published Date:
April 2012 |
| Country:
{Non-country Specific Publication} |
| Hard Copy Price:
US$ 34.00
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| Small and medium enterprises (SMEs) have played an important role in South Asia and are a critical source for employment creation as well as income generation. Accordingly, SMEs occupy an important position in the development strategy for inclusive economic growth and poverty reduction. However, SMEs in the subregion typically face considerable resource constraints and currently have limited capabilities to compete effectively in global and regional markets. Recent experience from a wide range of the Asia-Pacific countries, particularly from South-East Asia and China, strongly indicates that domestic SMEs can access international markets through global (and regional) value chains (GVCs). This publication aims to propose practical policy interventions for improving business environments, by targeting three South Asian countries, namely Bangladesh, Nepal and Sri Lanka, to facilitate SMEs’ access to global and regional markets, especially through GVCs. For this purpose, sector based value chain approach was adapted to focus on a few product groups with high export potentials: plastic goods from Bangladesh, coffee and ginger for Nepal and rubber and electronic products in Sri Lanka. National action plans and a subregional programme, along with operational strategies including needed institutional framework among stakeholders, for those products were developed and presented.
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