MICRO, SMALL AND MEDIUM-SIZED ENTERPRISES (MSMES)
The first research paper looks at the participation of small businesses from developed economies in international trade. It notes that micro, small and medium-sized enterprises (MSMEs) participate less than larger firms but their participation has grown in terms of their share of global export and import values in the countries examined in the report.
The second research paper looks into the participation of small businesses in the manufacturing sector in developing countries. It notes that small businesses participate to a greater extent in upstream sectors that are less technology-intensive while in least-developed countries, small businesses have low levels of integration in global value chains and rely primarily on domestic inputs and demand.
The third research note traces connections between international trade policy and climate change and proposes policy interventions that could help small businesses make more rapid progress towards decarbonization. The paper concludes that governments can support small businesses by widely disseminating information on how MSMEs can assess their climate impact and access green finance.