Micro, small and medium-sized enterprises (MSMEs)

Micro, small and medium-sized enterprises (MSMEs)

Despite the fact that micro, small and medium-sized companies (MSMEs) account for 99% of the industrial fabric and create the majority of jobs, their productivity is extremely low compared with that of large companies. To redress this situation, the region must develop production chains comprising different-sized companies —and especially MSMEs— in order to boost job creation and wages as a way to reduce the heterogeneity of its economies. Further internationalization of these companies, particularly in their exporting activities, contributes to improve productivity and the labor conditions of their workers.

Activities:

8 November - 10 December 2021 | Course

Opportunities and challenges for MSMEs in Caribbean cross-border e-commerce

The Course is organized by the Economic Commission for Latin America and the Caribbean (ECLAC).

News:

28 June 2024 | Press Release

ECLAC: The Private Sector is Called Upon to Be an Agent of Change for the Productive Transformation of the Latin America and Caribbean Economy

José Manuel Salazar-Xirinachs, Executive Secretary of the United Nations regional organization, led the inauguration of a regional dialogue on the private sector’s role in the framework of a new vision for productive development policies, organized jointly with IOE and the ILO.

15 February 2024 | Press Release

ECLAC Launched Digital Development Observatory to Contribute to Latin America and the Caribbean’s Digital Transformation

The DDO’s first figures reveal major lags in digital technology adoption by the region’s productive sector.

12 December 2023 | Press Release

ECLAC Launched Platform for Cluster and Other Territorial Productive Articulation Initiatives in Latin America and the Caribbean

At a virtual event led by Executive Secretary José Manuel Salazar-Xirinachs, with the participation of prominent specialists in this area, officials presented this tool, which includes an interactive map with around 258 georeferenced initiatives thus far.

30 November 2023 | News

ECLAC Will Launch Platform for Cluster and Other Territorial Productive Articulation Initiatives in Latin America and the Caribbean

The presentation will take place on Tuesday, December 12 at a virtual event led by the United Nations regional organization’s Executive Secretary, José Manuel Salazar-Xirinachs.