ABCs of SMEs

The World Business Council for Sustainable Development published a 12-page primer on the contributions of SMEs to the larger work of governments, businesses and local communities.

The brief describes the benefits that large corporations can derive, such as extensive local knowledge of resources, supply patterns, and purchasing trends, through the inclusion of SMEs in their value chains.

The graph below shows the positive relationship between the ease of doing business, the number of SMEs per 1000 people, and an overall level of income.