2026-08-27T13:19:43Z https://meral.edu.mm/oai

oai:meral.edu.mm:recid/00008750 2024-05-27T03:51:25Z 1582963436320 1582963436320:1582965742757

Policies and Practices of SMEs in Myanmar (Ohnmar Thein, 2007) Ohnmar Thein Modern ccortornic growlh requires continuous accrunulotion of capital, skitl developmertl o-f'lubor force and technolog,t progress. SMEs can bcconte ffictive instruments for growth b), organizing production in o way to cut costs and n'taximize profits. It has been long recogrtizcc{ lhat SMEs require appropriate policies anc{ business environment to contribute in an economy. SMEs can provide competitive advcmtages and they are flexible enough to re,spttnd quickly to market changes and technological clevelopment. However, SMEs have v'eaknesse,t compared to large enterprises, such as' lcick of Jinancial sources, inability to axploit econornies o.f scale and less capital intensive tccl.tnologt. Thus, the longterm viability oJ Sl,[[s clepends on sound policies. In cvar), country, the role of SMEs is crucial for the ecunomic development and industrializctliott. In Japan, Soulh Korea, ASEAN etc., SMEs cu'e looked to as major job sources due to tlte labor-intensive nature of their v,ork. |-here has been rapid industrializatiort and export oriented systems attached to SMEs in /lta ,,1SEAN countries since the 1980s. Although SfulEs cqn generate employment for the y,ork frtrce, majority of them have limitcttiott.s. Especially the SMEs have the intention for receiving international exposures and ltarticipating in lhe modern industrial econonty. This can be achieved only through the s'<strtrcl policiesfor the development of SMEs in the rcspcctit,e countries. This s'tucly examines the policies ancl practices for tlrc tie,-elopment of SMEs. It discovers thot tlrc supporting policies are influence on the grotr,th oJ SMEs. Therefore, the supporting polic'ic,s are found to be one oJ" ihe most itttportont cleterminants for the developntent o./' ,St\,!Es. Since Mycmntar being the mentber of lSli.4N and participating in AFTA process, il i,t ttilal to haye sound policies that support thr: ,\t\,tEs for thetr business success. 2007-02-01 https://meral.edu.mm/records/8750