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Small Is Suddenly More Beautiful

Article Abstract:

The government of South Korea is turning its favor on small companies, a reversal of its policy of pampering large firms. Currently two-thirds of South Korea's manufactured products are made by less than 1,000 companies. Small companies employ half the workforce. The government will subsidize 1,000 small businesses. It will prohibit big businesses from manufacturing certain products. Export regulations may be simplified.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984

Laws, regulations and rules, Small business, National government, Federal government

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The Wrong Way to Fund Small Business

Article Abstract:

Britain's business expansion scheme (BES) was designed to help small businesses attract risk or venture capital. It is being used by the wealthy for tax evasion. Other problems with BES are reviewed.

Publisher: Economist Newspaper Ltd.
Publication Name: Economist
Subject: Economics
ISSN: 0013-0613
Year: 1984

United Kingdom, Business

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