Friday, July 01, 2005
From Intervention to Empowerment, A New Approach to Assisting SMEs in Latin America - Regulation, Procurement and Dispute Resolution
By: Paul Holden, Jennifer Sobotka and Lawrence Locklin, The Enterprise Research Institute
For The Inter-American Development Bank, 1998
This paper presents efforts to develop new approaches and instruments to strengthen the IDB's role as a major development partner with the SME sector that is such an important engine of growth in the Latin American and Caribbean region. It focuses on nonfinancial issues, which have seldom been addressed systematically in the debate on the constraints hindering SMEs. Section I analyzes the effect of regulations on SMEs within a transaction-cost framework considering such issues as taxes, labor, trade, and corruption. The second section considers the possibility of using procurement as an aid to SME development. The final section looks at the effect on SMEs of inadequate dispute resolution procedures.
For The Inter-American Development Bank, 1998
This paper presents efforts to develop new approaches and instruments to strengthen the IDB's role as a major development partner with the SME sector that is such an important engine of growth in the Latin American and Caribbean region. It focuses on nonfinancial issues, which have seldom been addressed systematically in the debate on the constraints hindering SMEs. Section I analyzes the effect of regulations on SMEs within a transaction-cost framework considering such issues as taxes, labor, trade, and corruption. The second section considers the possibility of using procurement as an aid to SME development. The final section looks at the effect on SMEs of inadequate dispute resolution procedures.