Job creation is particularly important for countries that are plagued by high unemployment rates and in general for developing and emerging economies. SMEs are key providers of employment in such countries. In Morocco, for instance, SMEs account for 46% of employment, whereas SMEs in Bangladesh (here meaning enterprises with fewer than 100 employees) provide 58% of total employment. In Ecuador, private companies with fewer than 50 employees account for 55% of employment.1 South African SMEs
SMEs