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Scaling up MENA SMEs: How a Handful of Firms can Fastforward Economic Growth

Posted By Administration, Monday, February 4, 2019

Scaling up MENA SMEs: How a Handful of Firms can Fastforward Economic Growth

by Mahoumad Makki, Alice Klat, Melissa Rizk, Amr Goussous, and Reem Goussous

This report identifies the value of and support necessary to assist SMEs in scaling up in their local markets across the Middle East and North Africa. It further identifies priority support areas for policymakers including business fundamentals, business propellers, demand creators and country readiness that, when appropriately addressed, can propel local economic growth.

Tags:  2019  East Africa  Endeavor publication  North Africa  smes 

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SME Innovators and Gazelles in MENA - The World Bank

Posted By Saurabh Lall, Tuesday, September 27, 2011
Published September 2011

The Middle-East and North Africa (MENA) region faces no greater challenge than employment generation. An expanding literature on
"gazelles” suggests that a small percentage of fast-growing small and medium enterprises (SMEs) generate the majority of new jobs in
diverse economies. This paper observes the characteristics of fast growing SMEs included in World Bank Investment Climate Assessment (ICA) enterprise surveys in the MENA region. The identified enterprises characteristics associated with high growth among SMEs include being an innovator, offering workers formal training and receiving an international quality certification.

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Tags:  Gazelles  High-Growth Entrepreneurship  Job Creation  Middle-East  North Africa  sector publication 

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