Government Policies and Small and Medium Enterprise (SME) Development: A Perspective from Nine Countries

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The study examines the different policies implemented in countries to achieve SME development. The literature suggests that macro policies are more effective than micro policies in achieving this target. Nine different cases of countries are investigated to identify which policies are more effective and why. The analysis of information obtained from secondary data, archives, reports and interviews, confirm that the macro policies are more effective in the case of developing countries, whereas micro policies are more successful in developed countries.