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SME Promotion Policies in the Middle East and their Implications for Korea–Middle East Cooperation

Author

Listed:
  • Lee, Kwonhyung

    (Korea Institute for International Economic Policy)

  • Son, Sunghyun

    (Korea Institute for International Economic Policy)

  • Jang, Yunhee

    (Korea Institute for International Economic Policy)

  • Ryou, Kwangho

    (Korea Institute for International Economic Policy)

Abstract

The aim of this research is to suggest policy proposals to enhance bilateral cooperation for SMEs (small and medium sized enter-prises) between Korea and the Middle East. Towards this goal, Chapter 2 examines the significance of SMEs in the Middle Eastern economy and their characteristics with comparison of business environment by country in the region. Chapter 3 explains SME promotion policies conducted in the region on the basis of case studies of Saudi Arabia, UAE, Egypt and Tunisia. Chapter 4 analyzes major difficulties that Korean SMEs have in the region using the results of a survey conducted in 2018. Chapter 5 draws some policy proposals for SME cooperation between Korea and the Middle East based on case studies and survey results.

Suggested Citation

  • Lee, Kwonhyung & Son, Sunghyun & Jang, Yunhee & Ryou, Kwangho, 2019. "SME Promotion Policies in the Middle East and their Implications for Korea–Middle East Cooperation," World Economy Brief 19-18, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2019_018
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    Keywords

    SME; Middle East;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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