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MSME Development and the Financial Crisis

MSME Development and the Financial Crisis

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This is a compilation of presentations in a forum organized by the Foundation for a Sustainable Society on the impacts of the financial crisis to micro, small and medum enterprises in the Philippines.
This is a compilation of presentations in a forum organized by the Foundation for a Sustainable Society on the impacts of the financial crisis to micro, small and medum enterprises in the Philippines.

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Published by: Foundation for a Sustainable Society on Aug 26, 2009
Copyright:Attribution Non-commercial

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09/06/2010

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FORUM SERIES
Global Financial Crisis and MSMEs
F
OUNDATION
 
FOR 
 
 A 
 S
USTAINABLE
S
OCIETY 
 
Proceedings
 
 
THEME
 
Finding
 
Alternatives
 
and
 
Solutions
 
to
 
the
 
Impacts
 
of 
 
the
 
Global
 
Economic
 
Crisis
 
BACKGROUND
 
Nations
 
are
 
confronted
 
with
 
two
 
of 
 
the
 
most
 
significant
 
crisis
 
of 
 
its
 
time:
 
the
 
climate
 
crisis
 
and
 
the
 
global
 
economic
 
crisis.
 
The
 
climate
 
crisis
 
no
 
doubt
 
is
 
a
 
result
 
of 
 
unprecedented,
 
unsustainable
 
growth
 
and
 
development
 
without
 
regard
 
of 
 
the
 
cost
 
to
 
people
 
and
 
to
 
the
 
environment.
 
The
 
recent
 
meltdown
 
among
 
economic
 
giants
 
only
 
underscores
 
the
 
needed
 
shift
 
in
 
focus
 
among
 
societies
 
over
 
the
 
predominant
 
economic
 
paradigms.
 
There
 
is
 
apparent
 
call
 
towards
 
enhanced
 
institutional
 
governance,
 
greater
 
participation
 
of 
 
people
 
and
 
democratized
 
access
 
to
 
resources.
 
Micro,
 
small
 
and
 
medium
 
enterprises
 
(MSMEs)
 
constitutes
 
99.7%
 
of 
 
business
 
firms
 
in
 
the
 
Philippines.
 
It
 
contributes
 
32%
 
to
 
total
 
Gross
 
Domestic
 
Product
 
and
 
generates
 
70%
 
of 
 
all
 
employment.
 
No
 
doubt,
 
MSMEs
 
are
 
a
 
potent
 
force
 
for
 
sustainable
 
development
 
that
 
stimulates
 
local
 
economy
 
development
 
and
 
a
 
potential
 
mechanism
 
for
 
improving
 
social
 
equity
 
among
 
the
 
poor.
 
However,
 
the
 
present
 
global
 
economic
 
crisis
 
poses
 
grave
 
threat
 
to
 
their
 
growth
 
and
 
survival
 
considering
 
the
 
already
 
many
 
and
 
multiple
 
challenges
 
inherent
 
among
 
MSMEs.
 
The
 
Philippines
 
remains
 
unclear
 
in
 
terms
 
of 
 
what
 
actions
 
to
 
take
 
to
 
mitigate
 
the
 
effects
 
of 
 
the
 
crisis.
 
Ongoing
 
discourses
 
are
 
happening
 
among
 
various
 
groups
 
and
 
civil
 
society
 
stakeholders
 
to
 
find
 
alternatives
 
to
 
the
 
crisis
 
confronted.
 
FSSI
 
working
 
primarily
 
with
 
MSMEs
 
and
 
in
 
the
 
forefront
 
of 
 
advocating
 
and
 
promoting
 
the
 
triple
 
bottom
line
 
(3BL)
 
framework
 
as
 
the
 
basis
 
for
 
enterprise
 
development
 
deems
 
it
 
relevant
 
and
 
strategic
 
to
 
provide
 
opportunities
 
for
 
such
 
discussion.
 
FORUM
 
OBJECTIVES
 
Through
 
FSSI’s
 
advocacy
 
program,
 
it
 
is
 
aimed
 
that
 
this
 
proposed
 
public
 
forum
 
will:
 
 
Facilitate
 
discourse
 
and
 
exchange
 
among
 
various
 
stakeholders
 
(CSOs,
 
private
 
sector,
 
government)
 
in
 
finding
 
solutions
 
and
 
alternatives
 
to
 
mitigate
 
the
 
impacts
 
of 
 
the
 
crisis;
 
 
Identify
 
practical
 
(short
term)
 
and
 
strategic
 
(long
term)
 
solutions
 
that
 
can
 
be
 
pursued
 
among
 
the
 
relevant
 
stakeholders
 
present;
 
 
Contribute
 
to
 
on
going
 
initiatives
 
of 
 
finding
 
alternatives
 
and
 
solutions
 
to
 
the
 
impacts
 
of 
 
the
 
global
 
economic
 
crisis
 
 
COLLABORATING
 
ORGANIZATIONS
 
The
 
Freedom
 
from
 
Debt
 
Coalition
 
(FDC)
 
 –
 
Philippines
 
is
 
a
 
nationwide
 
multi
sectoral
 
coalition
 
conducting
 
advocacy
 
work
 
in
 
the
 
national,
 
local
 
and
 
international
 
arenas,
 
to
 
realize
 
a
 
common
 
framework
 
and
 
agenda
 
for
 
economic
 
development.
 
Mindanao
 
Alliance
 
of 
 
Self 
 
Help
 
Societies
Southern
 
Philippines
 
Educational
 
Cooperative
 
Center
 
(MASS
SPECC)
 
is
 
the
 
oldest
 
cooperative
 
federation
 
in
 
the
 
country
 
and
 
consists
 
of 
 
252
 
cooperatives
 
and
 
other
 
self 
help
 
groups
 
operating
 
in
 
20
 
out
 
of 
 
23
 
provinces
 
in
 
Mindanao.
 
The
 
Cagayan
 
de
 
Oro
 
Chamber
 
of 
 
Commerce
 
and
 
Industry
 
Foundation,
 
Inc.
 
(Oro
 
Chamber)
 
is
 
a
 
non
stock
 
and
 
non
profit
 
voluntary
 
organization
 
of 
 
businessmen
 
and
 
professionals
 
working
 
together
 
to
 
foster
 
and
 
promote
 
private
 
sector
 
initiative
 
toward
 
business
 
development
 
in
 
Cagayan
 
de
 
Oro
 
City,
 
Misamis
 
Oriental
 
Province
 
and
 
nearby
 
areas.
 

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