Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/247262 
Year of Publication: 
2021
Series/Report no.: 
GLO Discussion Paper No. 990
Publisher: 
Global Labor Organization (GLO), Essen
Abstract: 
This paper explores the impact of financial and legal obstacles that affect small and medium enterprises (SMEs) in middle-income East Asian countries by utilizing the most recent and unique dataset from the World Bank Enterprise Surveys. We particularly assess whether and at what level the effects on SMEs differ from those on large firms; We also examine how financial and institutional development levels contribute to firm performance. Our findings provide important guidance for regulators, including the authorities of middle-income nations, who seek to facilitate SMEs' development.
Subjects: 
Sales Growth
Employment Growth
Financial Obstacles
Legal Obstacles
JEL: 
G38
G01
G00
Document Type: 
Working Paper

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