Skip to main content

Micro-, Small and Medium-sized Enterprises Day 2022

MSMEs have been badly hit by the COVID-19 pandemic, and the road to full recovery seems to be quite long and hard.

  • Date27 June 2022

MSMEs have unique characteristics, that are not always taken into consideration by the law. The UN MSME Day represents an occasion to discuss their relevance, and to contribute to a debate on how best to promote environmentally responsible growth through MSMEs.

SMEs.PNG

The UN General Assembly declared 27 June Micro-, Small and Medium-sized Enterprises Day, to raise public awareness of their contribution to sustainable development and the global economy.

Micro-, Small and Medium-Sized Enterprises (MSMEs) represent the backbone of modern economies across all continents. However, they had been particularly badly hit by the COVID-19 pandemic.

Many countries around the world have adopted, are currently adopting, or planning to adopt, special insolvency frameworks for MSMEs. This is not the case for the United Kingdom.

Dr Eugenio Vaccari (Lecturer in Law) draws on the rich academic literature and the several reports and recommendations from reputable international organisations to discuss whether the UK should consider regulatory reforms in the area, and the priorities that must be addressed by such reforms. His analysis is available here.

Related topics

Explore Royal Holloway

Get help paying for your studies at Royal Holloway through a range of scholarships and bursaries.

There are lots of exciting ways to get involved at Royal Holloway. Discover new interests and enjoy existing ones

Heading to university is exciting. Finding the right place to live will get you off to a good start

Whether you need support with your health or practical advice on budgeting or finding part-time work, we can help

Discover more about our 21 departments and schools

Find out why Royal Holloway is in the top 25% of UK universities for research rated ‘world-leading’ or ‘internationally excellent’

Royal Holloway is a research intensive university and our academics collaborate across disciplines to achieve excellence.

Discover world-class research at Royal Holloway

Discover more about who we are today, and our vision for the future

Royal Holloway began as two pioneering colleges for the education of women in the 19th century, and their spirit lives on today

We’ve played a role in thousands of careers, some of them particularly remarkable

Find about our decision-making processes and the people who lead and manage Royal Holloway today