Small and medium enterprises' resilience and viability in turbulent times
Inertia is not an option for small and medium enterprises (SMEs).
Inertia is not an option for small and medium enterprises (SMEs).
The new techno-economic paradigm offers a window of opportunity for latecomer countries to leapfrog into new sectors and industries.
The region’s high labour and capital costs present a serious challenge to its competitiveness.
As most countries experience COVID-19 related lockdowns, there are concerns about both the present and the future of global supply chains.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.