Round Table on Multi-hazard Business Continuity Management for Small and Medium Enterprises

Amaratunga, D. (Keynote speaker)

Activity: Talk or presentation typesInvited talk

Description

SMEs contribute to the well-being and livelihoods opportunities for communities by providing employment and goods and services. These are needed even more in times of crises, in order to restore the economic fabric of disaster-affected communities. SMEs also support the creation of social capital in communities, which is a crucial element in restoring the social fabric ruptured by disasters. With local businesses reopening and providing spaces for social bonding, SMEs can contribute to motivating a relocated population to return home, as well as helping to attract new investment in recovering areas. A strong MSMEs sector also promotes a country’s resilience to
shocks by broadening and diversifying the domestic economy. By reducing the dependency on few large firms or specific sectors, SMEs protect a broad base of the labour force from sector-specific shocks and fluctuations in international markets1. Losses incurred influence national, regional and global gross domestic products
Period17 Jan 2019
Held atMinistry of Public Administration & Disaster Management, Sri Lanka, Sri Lanka
Degree of RecognitionInternational