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).
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.
The new techno-economic paradigm offers a window of opportunity for latecomer countries to leapfrog into new sectors and industries.
The potential for bringing production back home crucially depends on local innovation ecosystems.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.