Small Business as a Factor of Economic Development of the Indian Ocean Islands
- https://doi.org/10.2991/aebmr.k.200201.011How to use a DOI?
- the economy of the Indian Ocean Islands, small and medium-sized business, a factor of economic development, entrepreneurial potential
The article considers small business as a factor of sustainable development of the economy of the islands in the Indian Ocean. The current situation in the region dictates that an entrepreneur is to become one of the central figures of the market economy on the islands of the Indian Ocean. Without a developed small and medium-sized business it is difficult to talk about the stability of the macroeconomic situation of states. As a result, at the dawn of independence, small business was identified in the islands of the Indian Ocean as the most important sector of the economy. There is no doubt that the economies of many countries of the world rely mainly on small and medium-sized enterprises. The dynamism of the latter determines the evolution of national economies, and as a result, the Indian Ocean Islands have high hopes for developing and improving a small business sector.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Sagaffe Boy Moustoifa AU - Tatyana N. Yakubova PY - 2020 DA - 2020/02/10 TI - Small Business as a Factor of Economic Development of the Indian Ocean Islands BT - Proceedings of the 1st International Conference on Emerging Trends and Challenges in the Management Theory and Practice (ETCMTP 2019) PB - Atlantis Press SP - 53 EP - 56 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200201.011 DO - https://doi.org/10.2991/aebmr.k.200201.011 ID - Moustoifa2020 ER -