UNCTAD stresses vital role of small-, medium-sized enterprises in rehabilitation of Palestinian economy
21 September 2004
Unless immediate action is taken to improve the supply capacity of small and medium enterprises (SMEs), the Palestinian economy will be effectively transformed into one of subsistence, warns a new UNCTAD study. The study notes that the protracted conflict in the occupied Palestinian territory has generated profound structural distortions and changes in the functioning of these enterprises that are unlikely to be reversed once political stability is achieved. It examines the SMEs’ contribution to economic growth by shedding light on their life cycle and the factors influencing their establishment, survival, growth and decline before and after the ongoing crisis. Read more about UNCTAD stresses vital role of small-, medium-sized enterprises in rehabilitation of Palestinian economy