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The Economy & You

The Economy and You ( Government's Plans and Policies)

Have you often heard the cliché that SMEs are the engine of growth? Well in Germany not only is it true, Government action deliberately makes this happen! They support the “German Mittelstands” (SMEs) on key issues like investment in R&D, the skills shortage, foreign trade and investment, financing needs, company start-ups and company hand-overs. Little wonder, during the great recession 10 years ago, Germany actually exported more and unemployment decreased! Nigerian SMEs can play similar roles in stabilizing the economy. The Government must however build their capacity and support them as it is being done in most developed economies.

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  • The Economy and You - (Govt's Plan & Policies).mp3
     35:13
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