Building Better Local Business Environments: Accelerating Pandemic Recovery of Small Firms in Cambodia, the Lao People’s Democratic Republic, Thailand, and Viet Nam

Publication | October 2022
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This brief explains the critical role small firms play in Southeast Asia's economy and, focusing on four countries, looks at what measures are needed to help them recover from the COVID-19 pandemic.

Small firms in Cambodia, the Lao People's Democratic Republic, Thailand, and Viet Nam face challenges in reestablishing their operations in the aftermath of the COVID-19 pandemic. Depleted capital, inflation, digitalization, indebtedness, and regulatory uncertainty are among the key issues.

Many of these firms are informal and lack knowledge about government support, yet they have a vital role in providing jobs, income, goods, and services. This brief looks at how public policy and other elements of the enabling business ecosystem can be enhanced to promote flourishing economies with vibrant small firms and entrepreneurial initiative at the core.

Additional Details

Authors
Type
Series
Subjects
  • Governance and public sector management
  • Industry and trade
  • Private sector development
Countries
  • Cambodia
  • Lao People's Democratic Republic
  • Thailand
  • Viet Nam
Pages
  • 14
Dimensions
  • 8.5 x 11
SKU
  • BRF220500-2
ISBN
  • 978-92-9269-763-1 (print)
  • 978-92-9269-764-8 (electronic)
ISSN
  • 2071-7202 (print)
  • 2218-2675 (electronic)

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