ADB Repository
The Double-edged sword: unintended consequences of small and medium-sized enterprise promotion policy
Pengarang:
Muthitacharoen, Athiphat -
Deskripsi
The paper focuses on the introduction in 2011 of the B30 million revenue cap as a criterion for Thailand’s SME tax scheme, noting a bunching of firms just below the cap. It highlights the double-edged nature of size-based SME policies: while intended to help small businesses, such measures may inadvertently suppress growth for firms near the threshold and potentially create resource misallocation.