Small Firm Dynamism in East Asia, Softcover reprint of the original 1st ed. 2002

Indonesia experienced strong economic growth at greatest risk, that too would be useful for strategy formulation purposes, especially in cases in the 1970s with the help of high oil prices, a where employment protection is an important period of stagnation in the 1980s when oil prices declined and another period of strong economic objective. Finally, to the extent that policies can growth after 1986 when substantial trade and alter the probability ofsuccess or failure in coping investment liberalization enabled a dramatic with shocks, it would be useful to know which of policies is most effective and under what surge in labor-intensive manufacturing export set production. Recently, the regional financial crisis conditions. of 1997-1998 dealt Indonesia a severe shock The recent crisis in East Asia provides an from which it has not yet fully recovered. How opportunity to examine the link between industrial structure and economic resilience. The relative have its SMEs done through the twists and turns of the economy in the past quarter century? impact of the crisis by size of firm can be judged Unfortunately, the data needed to track the per­ in part by the effects on capacity utilization and formance of the SME sector are not as good for employment. The table below summarizes some Indonesia as for many of the other countries in results from a survey sponsored by the World East Asia.

Small Firm Dynamism in East Asia: An Introductory Overview.- The Dynamic Role of Small Firms: Evidence from the U.S..- Entry of Small and Medium Enterprises and Economic Dynamism in Japan.- Technological Progress by Small and Medium Enterprises in Japan.- Productivity Dynamics of Small and Medium Enterprises in Taiwan.- Small and Medium Enterprises in Korea: Achievements, Constraints and Policy Issues.- The Evolution and Structure of Industrial Clusters in Japan.- Firm and Group Dynamics in the Small and Medium Enterprise Sector in Indonesia.- Subcontracting and the Performance of Small and Medium Firms in Japan.- Government-Business Coordination and Small Enterprise Performance in the Machine Tools Sector in Malaysia.- Market Reforms, Technological Capabilities and the Performance of Small Enterprises in China.- Small and Medium Enterprises in Thailand: Recent Trends.- Small Firm Dynamics: Evidence from Africa and Latin America.