This title was first published in 2000: Since 1998, there have been
many diagnoses, studies and theories attempting to explain the East
Asian economic crisis and the impact on major economic and
financial sectors. This text aims to fill a gap in the literature
by examining the effects on small and medium-sized enterprises.
From early 1998, unemployment figures in the region rose rapidly
although large enterprises were not as yet engaged in corporate
restructuring. Registered small and medium-sized enterprises (SMEs)
and microenterprises were a major source of this unemployment,
especially among unskilled and seasonal workers. This volume covers
the debate in five ways. An introductory chapter presents an
overview of the SME international experience both in OECD and
developing economies.
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