02206cas a2200277 a 4500 AALejournalIMF016095 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513522760 2663-3493 BD-DhAAL BD-DhAAL Stepanyan, Vahram. Enhancing the Role of SMEs in the Arab World-Some Key Considerations / Vahram Stepanyan, Gohar Abajyan, Anta Ndoye, Marwa Alnasaa. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (27 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Small and medium-sized enterprises (SMEs) are a cornerstone of Arab economies, accounting for over 90 percent of all businesses and providing a major source of new job creation. Governments across the Arab World recognize the important role that SMEs can play in delivering higher and more inclusive growth. Many have rightly placed SME development at the center of growth and jobs strategies to meet the needs of young populations. Authorities have initiated policy interventions and schemes to support SME development. But progress so far has been patchy, and more comprehensive policy action is needed. Fostering vibrant and competitive SMEs that contribute to employment opportunities and high value-added output requires various stakeholders to deliver on a broad range of factors. Arab governments need a holistic policy approach that addresses the gaps in access to finance, creates an enabling business environment, and upgrades human capital and infrastructure. The approach should also promote an entrepreneurial mindset. Mode of access: Internet Abajyan, Gohar. Alnasaa, Marwa. Ndoye, Anta. Policy Papers; Policy Paper ; No. 2019/040 Full text available on IMF http://elibrary.imf.org/view/journals/007/2019/040/007.2019.issue-040-en.xml IMF e-Library