The development of micro, small, and medium-sized enterprises (MSMEs) remains key to promoting inclusive growth in developing economies in Asia and the Pacific. The Asia Small and Medium-Sized Enterprise Monitor (ASM) provides data and analysis as a resource for evidence-based policy design on MSME development. The ASM 2020 focuses on Southeast Asia and this first volume reviews the financial and non-financial conditions of MSMEs at country and regional level. In future years, the ASM will expand its country coverage to other regions.
This is a special chapter of the Asia Small and Medium-Sized Enterprise Monitor (ASM) focusing on the impact of the coronavirus disease (COVID-19) on micro, small, and medium-sized enterprises (MSMEs) in developing Asia. The study is based on findings from rapid MSME surveys conducted from March to May 2020 in Indonesia, the Lao People’s Democratic Republic, the Philippines, and Thailand. The ASM is a knowledge-sharing product series developed as a key resource for MSME development policies in Asia and the Pacific.
This final volume of the Asia Small and Medium-Sized Enterprise Monitor 2020 sets out ADB’s work so far on a new composite index called the Small and Medium-Sized Enterprise Development Index (SME-DI) to help guide support for the development of micro, small, and medium-sized enterprises (MSMEs). The SME-DI aims to measure MSME development and access to finance using multivariate analysis of national MSME data. The volume includes the results of testing a pilot index using data from Southeast Asia.
The Asia Small and Medium-Sized Enterprise Monitor (ASM) is a knowledge-sharing product developed as a key resource for micro, small, and medium-sized enterprise development policies in Asia and the Pacific. The ASM 2020 Volume III is a Thematic Chapter on financial technology (fintech) loans to tricycle drivers in the Philippines, addressing how fintech affects the welfare of the self-employed and contributes to the development of country’s local economies.
The Asia Small and Medium-Sized Enterprise Monitor (ASM) is a knowledge-sharing product developed as a key resource for micro, small, and medium-sized enterprise (MSME) development policies in Asia and the Pacific. The ASM 2021 Volume IV reports on a technical exercise for developing an empirically rigorous index that measures various dimensions affecting MSME development in developing Asia.
This volume provides data and analysis on micro, small, and medium-sized enterprises (MSMEs) in Central and West Asia to help policymakers support the development of these businesses. The development of MSMEs remains key to promoting inclusive growth in developing economies in Asia and the Pacific. The Asia Small and Medium-Sized Enterprise Monitor (ASM) serves as a resource for evidence-based policy design on MSME development. The ASM 2022 focuses on Central and West Asia. This volume reviews the financial and nonfinancial conditions of MSMEs at country and regional level. It highlights the need for increased lending to MSMEs with better loan assets, enhanced job creation, expanded foreign trade of MSMEs, strengthened digital infrastructure, and greater MSME productivity.
The Asia Small and Medium-Sized Enterprise Monitor provides data and analysis as a resource for evidence-based policy design. This year's edition focuses on South Asia. This first volume reviews micro, small, and medium-sized enterprises (MSMEs) at the country and regional levels. It covers Bangladesh, India, Nepal, Pakistan, and Sri Lanka, and examines MSME development, access to finance, and policies and regulations. It notes that revitalizing MSMEs by channeling more growth capital to them will be key to a resilient economic recovery from the pandemic. It highlights opportunities in formalizing MSMEs and connecting them to international markets, expanding digital skills, fostering technology-based start-ups, and supporting youth and women entrepreneurs.
Small and medium-sized enterprises (SMEs) constitute the large majority of businesses both globally and in Asia and the Pacific. Despite their undeniable importance, the literature on SMEs in general, and agrifood SMEs in particular, is relatively limited. One specific area that deserves deeper consideration is the extent of digital engagement of agrifood SMEs along the agrifood value chain, from farm to retail and food services, in countries in Asia and the Pacific. The goal of this publication is to understand the current status of digitalization of agri-SMEs in Asia and the Pacific, what this process looks like and how to improve it. A value-chain approach was adopted to evaluate the digital maturity of all types of agri-SMEs across previously siloed categories – from farm to fork, and in the core and the extended value chain. The report analyses the benefits of digital transformation for agri-SMEs and the challenges they face in this process. Next, the report outlines practical and actionable measures that governments and other stakeholders may undertake to help agrifood SMEs stay ahead in the digital age. Special attention is given to the creation of a digital environment that enables agri-SMEs to increase the efficiency of their operations and allow them to grow. This is particularly important given that many agri-SMEs are located in rural agricultural areas, (where more than half of the population in Asia and the Pacific still resides), but where the environment is less favourable to digital transformation.
"The development of MSMEs remains key to promoting inclusive growth in developing economies in Asia and the Pacific. The Asia Small and Medium-Sized Enterprise Monitor (ASM) 2020 focuses on Southeast Asia and this first volume provides data and analysis on the financial and non-financial conditions of MSMEs at country and regional level. In future years, the ASM will expand its country coverage to other regions"--
After a disappointing 2019, growth prospects in developing Asia have worsened under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the region’s largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and financial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and households. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, many others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, efficient financial systems, and dynamic cities that excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hard work.
