Upgrading to Compete Global Value Chains, Clusters, and SMEs in Latin America

Upgrading to Compete Global Value Chains, Clusters, and SMEs in Latin America
Author: Carlo Pietrobelli
Publisher:
Total Pages: 0
Release: 2010
Genre:
ISBN:

Does enterprise participation in global markets ensure sustainable income growth? Policies have often been designed in the belief that this is true, but competitiveness and participation in international markets may take very different forms, and developing countries do not always benefit. This book presents a series of rich and original field studies from Latin America, conducted by the authors with the same consistent methodological approach, and represents a theory-generating exercise within clusters and economic development literature. The main question addressed is how Latin American small and medium-sized enterprises (SMEs) may participate in global markets in ways that provide for sustainable income growth, the “high road” to competitiveness. In contrast, the “low road” is often typically followed by small firms from developing countries, which often compete by squeezing wages and revenues rather than by increasing productivity, salaries, and profits.

Making It Big

Making It Big
Author: Andrea Ciani
Publisher: World Bank Publications
Total Pages: 187
Release: 2020-10-08
Genre: Business & Economics
ISBN: 1464815585

Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Upgrading Clusters and Small Enterprises in Developing Countries

Upgrading Clusters and Small Enterprises in Developing Countries
Author: Assoc Prof Jose Antonio Puppim de Oliveira
Publisher: Ashgate Publishing, Ltd.
Total Pages: 200
Release: 2012-11-28
Genre: Science
ISBN: 1409487970

SME's are acknowledged as effective sources of jobs and incomes, gaining an important position in the development agenda, subsequently 'cluster' policies were conceived as a framework to augment the effects of SMEs and to optimize resources used to support them. Based on case studies from Brazil, Vietnam, Indonesia and India, this volume examines SME clusters and argues that unless they counteract common problems such as very low wages, poor working conditions, poor quality products and lack or environmental regulation, they will be pushed out of the market and so become unsustainable. This book suggests that the SME clusters currently being stretched should react by 'socially upgrading' in order to improve their innovation capacity, as well as social, environmental and labour standards. It puts forward conceptual frameworks which explain the way firms can upgrade: through markets, interaction among cluster members, through Corporate Social Responsibility and other such public policy, and through the better enforcement of regulation.

Sustaining Growth and Performance in East Asia

Sustaining Growth and Performance in East Asia
Author: Charles Harvie
Publisher: Edward Elgar Publishing
Total Pages: 400
Release: 2005-01-01
Genre: Business & Economics
ISBN: 9781845425630

This third book in the series focuses on how small and medium sized enterprises (SMEs) contribute to achieving and sustaining growth and performance in their economies, as well as the ways in which governments can assist and enhance that contribution. This is of particular concern given the trauma suffered by East Asian economies in the wake of the financial and economic crisis of 1997-98. Faced with the need to restructure and reform their economies and thereby achieve a firm foundation for future sustainable growth, many East Asian countries actively pursued SME growth, focusing on the encouragement of entrepreneurialism in the private sector. Drawing on the insights of a wide range of SME experts, the book provides a broad coverage of important aspects of SMEs, including: the contribution of micro-enterprises to economic recovery and poverty alleviation measurement and evaluation issues managing knowledge development ethical values in SMEs the internationalisation process entry mode decisions in export markets technological sourcing and use of the Internet. Presenting a contemporary analysis of SME developments in East Asia, both academics and policymakers will find Sustaining Growth and Performance in East Asia of great interest.

The Future Path of SMEs

The Future Path of SMEs
Author: Amr Sukkar
Publisher: Business Expert Press
Total Pages: 198
Release: 2022-08-08
Genre: Business & Economics
ISBN: 1637422822

This book tries to support the elaboration and implementation of strategies and to foster SMEs and entrepreneurship development. Most of businesses fall within the category of start-up, small and medium size enterprises. Therefore, governments in part of their quest to reform the economy and related regulatory management systems as well as the entrepreneurship support ecosystem. This was done with a view to securing the national governance empowerment deemed necessary for the economic and political fostering, adaptation, growth and progress of this sector. These endeavors serve as an essential part of the economic reform needed to generally guide the economy to a balanced and sustained growth vision. This vision aims specifically at achieving a balanced and diversified skill-based economy that is ultimately dependent on knowledge, innovation and competitiveness. This obviously arises from the ventures of entrepreneurs, startups as well as small and medium size enterprises (SMEs). In this context, this book tries to support the elaboration and implementation of strategies and to foster SMEs and entrepreneurship development. This will include contribution to set a guide to illustrate the scientific way for the identification of stakeholders and dialogue platforms as well as the institutionalization of the processes and systems required to improve the regulatory framework for SME development. The book also provides the consultancy effort needed to support governments in setting targets for SME policy development and to identify strategic priorities to further improve the business environment.

Building Businesses in Emerging and Developing Countries

Building Businesses in Emerging and Developing Countries
Author: Elie Virgile Chrysostome
Publisher: Routledge
Total Pages: 413
Release: 2014-04-16
Genre: Business & Economics
ISBN: 1136168850

This book focuses on the challenges and opportunities facing companies in emerging and developing countries. China and India have become the primary business destination for many global companies that are looking for market opportunities and low costs of production, whilst Morocco, Dubai, Brazil, Malaysia and Russia are also being targeted. This new edited volume helps develop a better understanding of the realities of doing business in emerging and developing countries, in particular exploring the dynamics between corporations – both indigenous and multinational – and local pressures in developing, transitional and emerging economies. The book points out the benefits and pitfalls of doing business in emerging and developing countries, as well as the adjustments that are necessary for success. It also discusses entrepreneurship in emerging and developing countries, exploring its new realities from women’s entrepreneurship in Muslim countries to social entrepreneurship in developing countries. The volume also points out the new challenges for SMEs of emerging and developing countries in a global competitive environment. Finally, it analyses corporate governance from a local partner perspective and an institutional perspective. Building Businesses in Emerging and Developing Countries will be of interest to business managers, students and researchers involved in international entrepreneurship and corporate governance.

Inclusive Global Value Chains Policy Options in Trade and Complementary Areas for GVC Integration by Small and Medium Enterprises and Low-Income Developing Countries

Inclusive Global Value Chains Policy Options in Trade and Complementary Areas for GVC Integration by Small and Medium Enterprises and Low-Income Developing Countries
Author: OECD
Publisher: OECD Publishing
Total Pages: 139
Release: 2017-04-08
Genre:
ISBN: 9264249672

This joint OECD and World Bank Group report, presented to G20 Trade Ministers in October 2015, focuses on the challenge of making GVCs more “inclusive” by overcoming participation constraints for SMEs and facilitating access for LIDCs.

SMEs in Asian Developing Countries

SMEs in Asian Developing Countries
Author: Tulus Tahi Hamonangan Tambunan
Publisher: Springer
Total Pages: 284
Release: 2009-08-28
Genre: Business & Economics
ISBN: 0230250947

Analyzing the development of small and medium enterprises (SMEs) in Asian developing countries, the book is based on a survey of key literature and data on SMEs with the focus on; recent development, export performance, main constraints, competitiveness, innovation and technology transfer, and female entrepreneurs.

World Development Report 2020

World Development Report 2020
Author: World Bank
Publisher: World Bank Publications
Total Pages: 545
Release: 2019-11-19
Genre: Business & Economics
ISBN: 1464814953

Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.