SMEs SECTOR: A KEY DRIVER TO THE EGYPTIAN ECONOMIC DEVELOPMENT

Amr Bary ()

MPRA Paper from University Library of Munich, Germany

Abstract: The focus of this paper is the discussion of the competitiveness facing SMEs in the Egyptian business environment by examining the opportunities and supports from the banking sector, government and SME employers. The purpose of this paper is to review the experiences of group of countries that have benefited greatly from SME development and have been able to achieve high economic growth rates. On the other hand, presented the problems facing the Egyptian economy in order to achieve rapid growth rates at the level of small and medium enterprises and finally propose the strategies that can contribute effectively to the development of these projects. Therefore, in this study the importance of SMEs for developing countries is considered. First, the definition, strengths and weakness of SME's business are mentioned. In the second section, case studies from other countries for SMEs are considered. Then, the nature of business in the Egyptian economy is discussed. Finally, the results the questionnaire reflects the current situation and the conclusions were sets according to these results.

Keywords: Small and Medium Enterprises (SMEs); Challenges; Competitiveness; SME Development (search for similar items in EconPapers)
JEL-codes: O11 (search for similar items in EconPapers)
Date: 2019-02-09
New Economics Papers: this item is included in nep-ara, nep-cse and nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in EconStor Direct https://www.researchgate.net/publication/331037085_SMEa_Sector_a_Key_Driver_to_The_Egyptian_Economic_Development (2019): pp. 1-17

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