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Abstract

For a long time small and medium enterprises (SMEs) had been the staple sector of the Thai economy. Contributing 39% to the country''s gross domestic product (GDP) in 2003, SMEs constituted 99% of the total establishments in the country employing 69% of the country''s work force. Apart from this, the Thai SMEs also processed raw materials for export. This case study highlights the governmental support enjoyed by the SMEs in Thailand and the measures taken by the government with an objective of increasing SMEs'' GDP contribution to 50% by 2006.
Location:
Other setting(s):
2004

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Abstract

For a long time small and medium enterprises (SMEs) had been the staple sector of the Thai economy. Contributing 39% to the country''s gross domestic product (GDP) in 2003, SMEs constituted 99% of the total establishments in the country employing 69% of the country''s work force. Apart from this, the Thai SMEs also processed raw materials for export. This case study highlights the governmental support enjoyed by the SMEs in Thailand and the measures taken by the government with an objective of increasing SMEs'' GDP contribution to 50% by 2006.

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Location:
Other setting(s):
2004

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