From Chorus Line to Center Stage
Usually small- and medium-sized enterprises in Indonesia are all but ignored. But perhaps their fate will change now that they are included in the IMF's letter of intent.
September 11, 2000
Traditionally, the owners of small- and medium-sized enterprises (SMEs)—so categorized by the Indonesian Central Bureau of Statistics (BPS) because they employ between five and 19 people (small-scale) and 20 people or more (medium-scale)—have been ignored but now they are more in the spotlight than ever before.
One peculiarity about SME entrepreneurs is that they do not depend on banks and whenever the big boys literally swallow up h
...