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SMEs, the missing link for inclusive growth

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Large firms are more productive and pay higher wages than small firms. In Ukraine, for instance, large firms sell 2.2 times more products per employee than small firms, and 2.7 times more than micro enterprises (Zhalilo, 2015). The average wage in large Ukrainian firms was 1.5 times that of medium-sized firms and 2.7 times that of micro enterprises.

Related Subject(s): International Trade and Finance
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