Global Advanced Research Journal of Management and Business Studies Impact Factor (ISI) 1.171

Global Advanced Research Journal of Management and Business Studies (ISSN: 2315-5086) November 2015 Vol. 4(10), pp 379-379

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Review

Micro and Small Scale Enterprises (MSEs) in The Process of Developing National Economy (The Empirical Study of Micro and Small Scale Enterprises in Indonesia)

DR. Umiyati Idris

Lecturer, Candradimuka Social Sciences and Politics AcademyEmail: umidris@gmail.com

Accepted 07 November 2015


 Abstract

The importance of MSEs in developing countries is often associated with problems of economic and social in those countries such as high poverty levels, the number of great unemployment especially from the low-educated society, the foreign debt crisis, balance of payments deficit, inequality of income distribution, uneven development process between urban and rural, and the problems of urbanization with all sorts of negative aspects.  This means that, the development and growth of MSEs in developing country is very important and it should be given the vast space for doing activity, the existence of MSEs is expected to contribute significant positive against the efforts of tackling both economic and social issues above. Despite there are many problems encountered, both internal and external, with the earnest efforts of the government and related institutions, MSEs will still exist and thrive forth and later would become a strong foundation for the growth of the national economy. The MSEs growth in Indonesia will only happen for real if it can be guaranteed the existence of opportunities for MSEs to tap into the economic activities.  The necessary support mainly improved skills help to gain access to markets, capital and technology developed through the bank or nonbank.

Keywords:  Micro and Small Scale Enterprises (MSEs), National Economy, Economic Growth







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