Abstract

<p>Micro, small, and medium enterprises (MSMEs) play a significant role in Southeast Asia's economic landscape. They <br>account for a substantial portion of total establishments and employment, making them a vital component of the <br>region's economy. This paper explores the multifaceted contributions of MSMEs in Southeast Asia, focusing on their <br>economic, political, and social significance. These enterprises are instrumental in addressing key socio-economic <br>challenges, particularly in countries like Indonesia, Myanmar, the Philippines, Lao PDR, Cambodia, and Vietnam, <br>where poverty and income inequality persist. By providing livelihoods and income opportunities, MSMEs actively <br>participate in poverty alleviation and income distribution improvement. Moreover, they serve as a driving force for <br>labor-intensive manufacturing and non-primary commodity exports, contributing to economic growth.<br>Furthermore, MSMEs support rural economic development and foster local entrepreneurship, with a particular <br>emphasis on empowering rural women. By analyzing the multifaceted contributions of MSMEs in Southeast Asia, <br>this study provides insights into their pivotal role in socio-economic progress and the prospects for future growth <br>and development</p>