Caroline Reeg is an independent freelance specialist in private sector development, micro, small and medium enterprises (MSMEs) and employment, particularly on India. She lives in Berlin and does most of her work for German Development Agencies, such as GIZ. She is also a research associate with the German Development Institute (DIE), where she previously worked as a researcher on an MSME project with the German Development Bank (KfW) and the Small Industries Development Bank of India (SIDBI). She holds a Master’s degree in Development Studies from London School of Economics and Political Science (LSE) and a German Diplom (MSc) in Political Science from the University of Potsdam.
A “good business environment” has been cited over and over as a decisive factor for SME development. Yet upgrading a micro enterprise to a small or medium-sized business requires a lot more than that, argue Caroline Reeg and Markus Loewe.