Integrating SMEs into Global Value Chains

Challenges and Policy Actions in Asia

Business & Finance, Economics, International Economics
Cover of the book Integrating SMEs into Global Value Chains by ADBI, ADB, Brookings Institution Press
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Author: ADBI, ADB ISBN: 9789292571368
Publisher: Brookings Institution Press Publication: March 8, 2016
Imprint: Asian Development Bank Institute Language: English
Author: ADBI, ADB
ISBN: 9789292571368
Publisher: Brookings Institution Press
Publication: March 8, 2016
Imprint: Asian Development Bank Institute
Language: English

Globalized production networks, or global value chains, provide an opportunity for SMEs to upscale their business models and to grow across borders. This process can enhance SME competitiveness, create more jobs, and promote inclusive growth in developing Asia. The Asian Development Bank (ADB) and the ADB Institute (ADBI) recognize the importance of integrating SMEs into global value chains. To provide pathways for such integration, this study examines ways of encouraging participation in value chains, and explores policy solutions to address the financial and nonfinancial barriers faced by these enterprises.

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Globalized production networks, or global value chains, provide an opportunity for SMEs to upscale their business models and to grow across borders. This process can enhance SME competitiveness, create more jobs, and promote inclusive growth in developing Asia. The Asian Development Bank (ADB) and the ADB Institute (ADBI) recognize the importance of integrating SMEs into global value chains. To provide pathways for such integration, this study examines ways of encouraging participation in value chains, and explores policy solutions to address the financial and nonfinancial barriers faced by these enterprises.

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