Each country will have its own challenges, opportunities and priorities for change. Resources available will vary by country and therefore, results achieved will also be different. Notwithstanding such specificity, some of the SME development lessons which are applicable to most of the countries include:   Peace and stability is a key requirement for the development of SMEs and for attracting foreign investment.
1 Eurosystem  retail payments www.ecb.europa.eu/press/key/date/2019/html/ecb.sp191126~5230672c11.en.html  strategy:  2 Communication from the Commission to the European Parliament, the Council, the European Economic and  Social Committee and the Committee of the Regions on a Retail Payments Strategy for the EU COM/2020/592 final, Brussels, 24 September 2020. 3/3  BIS central bankers' speeches