Smarter Markets, Stronger Economies: AI-Driven Deregulation for the Digital Age
Time to rebuild SME sector and strengthen them in terms of their real contribution to the economy. SMEs will be key to reshaping, rebuilding and defining the post-Covid economy. The entrepreneurial spirit and innovative thinking that characterize them will go a long way in this context. The role of SMEs will be bigger in the…
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South Asia Economic Focus anticipates a sharp economic slump in each of the region’s eight countries, caused by halting economic activity, collapsing trade, and greater stress in the financial and banking sectors.
The continued sharp decline in working hours globally due to the COVID-19 outbreak means that 1.6 billion workers in the informal economy – that is nearly half of the global workforce – stand in immediate danger of having their livelihoods destroyed, warns the International Labour Organization.
governments have to revisit their policies on protecting MSMEs. The approach has to both protect and promote the sector. But there is a need to significantly change the MSME policy orientation, particularly with regard to manufacturing and production for the local markets.
Corona crisis can turn to be a blessing in disguise for the MSME sector if it can trigger revival and resurgence of small industries and businesses.
The MSME sector has a crucial role to play in reducing greenhouse gas emissions. And they account for around 25% of the annual energy consumption of the industrial sector as per the “Yes Institute Report” titled “Climate Change as a Driver of Energy Efficiency in MSMEs” brought out in 2016 ( p.8). Energy is one…
Joint Ventures for Peace brings together Palestinian and Israeli women entrepreneurs and artists to work as equal partners and create a unique discourse on peace. This project, seeks to break down some of the barriers between Israelis and Palestinians, and to create peace on the ground. This was established by the Shorouq Society for Women (www.shorouqsociety.org) and The Negev Institute for Strategies of Peace and Development – NISPED (www.nisped.org.il).
