ASEAN-6 SMEs to the Overall Economic Growth of ASEAN

Authors

  • Badar Alam Iqbal
  • Mohd Nayyer Rahman

DOI:

https://doi.org/10.33516/rb.v41i4.40-56p

Keywords:

ASEAN-6, ASEAN, SMEs, GDP, Employment.

Abstract

The ASEAN Economic Community Blueprint adopted under declaration on the 40th Anniversary of ASEAN and the 13th ASEAN Summit in Singapore, among other parameters: focus on equitable economic development (AECB, 2008). SMEs development with several predetermined objectives was an important point of consideration under it. Out of the objectives, clearly laid down under ASEAN Economic Community Blueprint clause CI: one objective aims at increasing the contribution of SMEs to the overall economic growth and development of ASEAN as a region. The research note aims to present an overview of the SMEs contribution by ASEAN-6 (Brunei Darussalam, Indonesia, Malaysia, Philippines, Singapore and Thailand! to the overall economic growth of ASEAN. The research note would address the theoretical background and definitions related to SMEs. It is to be noted that SME definitions differ within ASEAN-6 with every country giving its own Basic SME Definition.

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Published

2016-01-01

How to Cite

Iqbal, B. A., & Rahman, M. N. (2016). ASEAN-6 SMEs to the Overall Economic Growth of ASEAN. Research Bulletin, 41(4), 40–56. https://doi.org/10.33516/rb.v41i4.40-56p

Issue

Volume 41, Issue 4, January 2016

Section

Articles
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Europe PMC

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