Abstract

This study is a comparison of Small and Medium Enterprises in Taiwan and Swaziland. Since SMEs are a broad topic we limited the comparisons on Policies to Support SMEs and the Financial Schemes for SMEs. In this study we view how good policies for SMEs enable them to survive and grow thus helping in creation of employment. We also review how financial schemes enable SMEs to gain better access to sources of finance and promoting sustainable economic growth.

We begin with the definition of SMEs in general to give a better understanding of the sector and how different countries define SMEs using the European Union as an Example. Chapter 3 and 4 of this study is about the two countries Taiwan and Swaziland.
How these two countries define SMEs, the current policies, programs and structures that have been used and developed including the guidance systems used in implementing the policies.

Financing of SMEs is a very broad subject, therefore this study attempt to present an overview of the current situations in both countries. In chapter 5 we compare the Policies and the Financial Schemes from both countries. The lessons learned from Taiwan are also included. Chapter 6 concludes the study and recommendations. Future direction of research and references are also included.

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