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What can business and governments do to promote SMEs?
Poverty remains a major challenge to sustainable development, environmental security, global stability and a truly global market. The key to poverty alleviation is economic growth that is inclusive and reaches the majority of people. Improving the performance and sustainability of local entrepreneurs and small and medium enterprises (SMEs), which represent the backbone of global economic activity, can help achieve this type of growth.

Other global economic activity Related Articles

Doing Business with the World - The New Role of Corporate Leadership in Global Development
Geneva, 10 October 2007 - Poverty remains the main challenge facing the countries that will be the home of 85% of the world's population in the decades to come. Some 2.7 billion people worldwide continue to subsist on less than US$2 per day. The challenge facing the global community is to eradicate extreme poverty and to foster economic development that benefits all while preserving natural habitats and biodiversity. Business is a core human activity, and it will be instrumental in bringing about sustainable development.

What can business and governments do to promote SMEs?
Poverty remains a major challenge to sustainable development, environmental security, global stability and a truly global market. The key to poverty alleviation is economic growth that is inclusive and reaches the majority of people. Improving the performance and sustainability of local entrepreneurs and small and medium enterprises (SMEs), which represent the backbone of global economic activity, can help achieve this type of growth.
Corporate leadership in global development
Poverty continues to be one of the main challenges facing the countries that will be home to 85% of the world's population in the decades to come. Today some 2.7 billion people worldwide continue to subsist on less than US$2 per day. The challenge facing the global community is to eradicate extreme poverty and to foster broad based economic development that benefits all while preserving the world’s ecosystems. Business is a core human activity, and it has a key role to play in bringing about sustainable development.
African Economic Performance in 2004: A Promise of Things to Come?
Against a backdrop of sustained global growth and high commodity prices, Africa has experienced its best economic performance in many years. While recent economic performance is not merely driven by favourable external factors, African economies still lack proper “shock-absorbers” to withstand internal (e.g. drought and floods, political instability, HIV-Aids, etc.) and external (e.g. volatility of commodity prices and exchange rates) shocks alike. They remain strongly vulnerable. In this context, creating the conditions for the development of indigenous drivers of economic activity (starting with a thriving local private sector) is a top priority.
Small Business Fuels the Economy
On a global basis the news continues to be gloom and doom on the economic front. Major corporations around the world continue to downsize or right-size as they attempt to move towards profitability. Jobs are disappearing at an alarming rate. Along with the jobs go the economic benefits of full employment. There is, however, a brighter side to this economic picture. This can be found in the area of small business.
SURVIVING THE ECONOMIC DEPRESSION BY CREATING A STRATEGY FOR YOUR BUSINESS DEVELOPMENT
This economic recession times calls for measures not just to make our business survive but make us come out stronger. Sound strategies are what will separate men from boys. Business leaders creating and harmonizing their strategies to fit the economic future will leap more once this economic recession is over. A strategy will help your business fit in the global economy once this economic depression is over. But how do you create a strategy?

Home Business Opportunity - Recession Affects On Your Business
A Home Business Opportunity is a highly searched keyword term on all search engines due in part to the current economic climate. The global economic slowdown has made all of us fully aware of the impact that a recession has on everyone's job security.

From Entrepreneurship to Entreprenology: New findings of entrepreneurial research
In a difficult global economic environment, it is more important than ever to put into place strong fundamentals reinforcing economic growth and development and it is more important than ever to establish a global World Union of SME supporting Organisations and Institutions as the basis for an effective and sustainable SME oriented policy focusing at practicable actions instead of well-intentioned declarations that could never really help SMEs to overcome difficult times and particular situations.

Successful Entrepreneurs Are Our Last Best Hope
Several recent moves by the leftist administration of President Barack Obama are raising more alarms among those who fear a collapse of the global economy. A blunt summary would be to say the president and his colleagues seek to drastically diminish the standing of America in the world. This would be akin to taking a heavy hammer to the foundation of a house, since (as by far the world's biggest market) the U.S. could fairly be said to be the foundation of global economic activity. Diminishing America will lead to poverty and unrest throughout the world....
How big is the 2011 oil price shock?
Each of the last five major downturns in global economic activity has been immediately preceded by a major spike in oil prices. Sometimes (e.g. in the 1970s and in 1990), the surge in oil prices has been due to supply restrictions, triggered by Opec or by war in the Middle East. Other times (e.g. in 2008), it has been due to rapid growth in the demand for oil.
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