Today, most big industrial establishments depend on SMEs for their value addition. In most emerging markets, SMEs have played dominating role in the economy especially in reducing the poverty levels. Emphasis has been placed on pro-poor growth led by the private sector especially through SMEs.
This is why the measures taken so far to contain the crisis have skewed the delicate balance between control and liability. The crucial question is this: how can we restore that balance within the decentralised approach?