1st Edition

Small and Medium Enterprises in Distress
Thailand, the East Asian Crisis and Beyond



ISBN 9781138729056
Published January 16, 2019 by Routledge
198 Pages

USD $41.95

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Book Description

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.