Big Business of Small Enterprises

Unlock the potential of small enterprises in driving economic growth. This evaluation from the World Bank Group examines its targeted support for small and medium-size enterprises (SMEs) in developing countries, offering insights for policymakers and development practitioners. Discover how targeted interventions can effectively address market failures, build sustainable markets, and enhance economic opportunity. Learn about the importance of access to finance, business development services, and regulatory reforms in fostering a thriving SME sector. This report provides practical recommendations for improving the design and implementation of SME support programs. - Clarify approaches to targeted support. - Enhance relevance and additionality. - Institute a tailored research agenda. - Strengthen guidance and quality control. For those seeking to understand the role of SMEs in development, this report offers an analytical and strategic framework for achieving sustainable and inclusive growth.