Publication

This report presents and assesses the local-, national-, regional- and international-level measures and policies that are needed to help small and medium-sized enterprises (SMEs) flourish in Asia and Europe. By financially helping SMEs to expand, modernize and internationalize their economic activities, their backers will contribute hugely to job creation in both regions. (SMEs, after all, are crucial engines of growth in Europe and Asia, thanks to their ubiquity, versatility and adaptability.) For more jobs to appear, however, "information asymmetries" will have to be reduced, new channels for funding will have to emerge, and international transparency and cooperation will have to grow.