Small and Medium Enterprises in Distress: Thailand, the East Asian Crisis and Beyond: Thailand, the East Asian Crisis and Beyond

Small and Medium Enterprises in Distress: Thailand, the East Asian Crisis and Beyond: Thailand, the East Asian Crisis and Beyond

by Philippe Regnier

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This title was first published in 2000:  Since 1998, there have been many diagnoses, studies and theories attempting to explain the East Asian economic crisis and the impact on major economic and financial sectors. This text aims to fill a gap in the literature by examining the effects on small and medium-sized enterprises. From early 1998, unemployment figures in the region rose rapidly although large enterprises were not as yet engaged in corporate restructuring. Registered small and medium-sized enterprises (SMEs) and microenterprises were a major source of this unemployment, especially among unskilled and seasonal workers. This volume covers the debate in five ways. An introductory chapter presents an overview of the SME international experience both in OECD and developing economies. Part I looks at the economic and social contribution of SMEs in Thailand before and after the 1997-1998 crisis and Part II reviews government policy and SME promotion initiatives. Part III explores the assumption that local SMEs linked to large firms have been more resilient, while the concluding chapter suggests a range of policies which have been derived from experiences in places other than Thailand.

Product Details

ISBN-13: 9781351748155
Publisher: Taylor & Francis
Publication date: 11/22/2017
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 198
File size: 3 MB

Table of Contents

Part 1: Small Enterprise Development in Thailand and the Impact of the East Asian Crisis  1. Thailand, An Environment conducive to Entrepreneurship  2. Absence of SME Legislation and Loose Classification of SMEs  3. The Effects of the East Asian Crisis on Thai SMEs (1997-1999)  4. SMEs Facing Survival and Competition Challenges  Part 2: Structural Adjustment under the International Monetary Fund and SME Government Policy  5. Thai SMEs: The Role of the Private and Public Sectors before the crisis  6. Thai SMEs and Structural Adjustment Policy  7. The Credibility of the New SME Policy  Part 3: The Resilience of SMEs Linked to Foreign Firms  8. Linking Local SMEs and Foreign Firms operating in East Asia  9. The Potential Resilience of Thai Subcontractors linked to Foreign Firms: SME Case Studies  10. The Potential Resilience of Final Goods Producers linked to Foreign Firms: SME Case Studies  

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