Connecting Developing Country SMEs to Global Value Chains.
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This ITC-WTO report explores constraints faced by exporting MSMEs in 23 least developed countries, and how Aid for Trade initiatives address these challenges for MSMEs. Find out more
As we commemorate the 2024 International MSME Day , we are just six years away from the 2030 deadline to achieve the Sustainable Development Goals (SDGs), and progress is lagging. Many countries continue to face a range of unique and interconnected development challenges that include a cost-of-living crisis, constrained fiscal space, obstacles to accessing new sources of development and climate financing, and conflicts. Economic, social and environmental challenges are compounding mounting poverty and hunger. Under the the " MSMEs and the SDGs "; The 2024 MSME Day offers an opportunity to discuss and exchange ideas on how key stakeholders, including policy makers, large companies, financial institutions, and the international community can support micro-, small and medium-sized businesses to advance the 2030 Agenda and contribute to achieving the SDGs, including poverty eradication and decent work for all. MSME Day 2024 Event in New York 27 June 2024 UNHQ, Conference Room 5...
Drawing on data from Meta’s March 2022 Future of Business (FoB) survey, this research note aims to provide a detailed analysis of the demographic composition of these MSMEs and their trade dynamics across different regions and level of development, while considering factors such as gender and age. Read more
Today’s increasingly interconnected global economy is transforming what is traded and who is trading. International trade has long been dominated by large companies. But thanks to dramatically reduced trade barriers, improved transportation links, information technologies and the emergence of global value chains, many SMEs now have the potential to become successful global traders as well. Participation in international trade, once exclusive, can progressively become more inclusive. The 2016 World Trade Report examines the participation of SMEs in international trade . It finds that small businesses continue to face disproportionate barriers to trade and highlights the scope for coherent national and international policy actions that would enhance the ability of SMEs to participate in world markets more effectively . It underlines that participation in trade has an important role to play in helping SMEs become more productive and grow. For open trade and global integration to f...
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