Is support for small firms in developing countries really in the interest of the specific countries?

“Formal SMEs contribute up to 60% of total employment and up to 40% of national income (GDP) in emerging economies.” (Bell, 2015) This quote, published by the Worldbank points out the high significance of small firms in developing countries. But amongst others they face one relevant problem: they cannot profit from economies of scale the … Continue reading Is support for small firms in developing countries really in the interest of the specific countries?