This is the fifth report in the series and in it the writer explains the need for ‘government involvement’ in ‘helping the SMME sector to evolve’. In Brazil, just like in most developing countries, SMMEs make up a large portion of existing businesses and they provide the most employment opportunities. But their contribution to the GDP output is minimal. However, the country has realised the importance of incorporating SMMEs into the formal commercial sector as well as the role they can play in future economic growth. This report describes the country’s SMME strategy and looks at policies and initiatives that the Brazilian government has undertaken to encourage a more formalised SMMe structure.
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SAIIA: 2005
ISBN: 1-919969-48-9
Published by SAIIA and funded by the Konrad Adenauer Foundation.
Series editor: Elizabeth Sidiropoulos
