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Small and Medium Enterprises, Growth, and Poverty

Small and Medium Enterprises, Growth, and Poverty PDF Author: Thorsten Beck
Publisher: World Bank Publications
ISBN:
Category : Economic development
Languages : en
Pages : 47

Book Description
Beck, Demirgüç-Kunt, and Levine explore the relationship between the relative size of the small and medium enterprise (SME) sector, economic growth, and poverty using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 76 countries, they find a strong association between the importance of SMEs and GDP per capita growth. This relationship, however, is not robust to controlling for simultaneity bias. So, while a large SME sector is characteristic of successful economies, the data fail to support the hypothesis that SMEs exert a causal impact on growth. Furthermore, the authors find no evidence that SMEs reduce poverty. Finally, they find qualified evidence that the overall business environment facing both large and small firms--as measured by the ease of firm entry and exit, sound property rights, and contract enforcement--influences economic growth. This paper--a product of Finance, Development Research Group--is part of a larger effort in the group to understand the role of SMEs.

Small and Medium Enterprises, Growth, and Poverty

Small and Medium Enterprises, Growth, and Poverty PDF Author: Thorsten Beck
Publisher: World Bank Publications
ISBN:
Category : Economic development
Languages : en
Pages : 47

Book Description
Beck, Demirgüç-Kunt, and Levine explore the relationship between the relative size of the small and medium enterprise (SME) sector, economic growth, and poverty using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 76 countries, they find a strong association between the importance of SMEs and GDP per capita growth. This relationship, however, is not robust to controlling for simultaneity bias. So, while a large SME sector is characteristic of successful economies, the data fail to support the hypothesis that SMEs exert a causal impact on growth. Furthermore, the authors find no evidence that SMEs reduce poverty. Finally, they find qualified evidence that the overall business environment facing both large and small firms--as measured by the ease of firm entry and exit, sound property rights, and contract enforcement--influences economic growth. This paper--a product of Finance, Development Research Group--is part of a larger effort in the group to understand the role of SMEs.

Small and Medium Enterprises, Growth, and Poverty

Small and Medium Enterprises, Growth, and Poverty PDF Author: Asli Demirgüç-Kunt
Publisher:
ISBN:
Category :
Languages : en
Pages : 47

Book Description
Beck, Demirguc-Kunt, and Levine explore the relationship between the relative size of the small and medium enterprise (SME) sector, economic growth, and poverty using a new database on the share of SME labor in the total manufacturing labor force. Using a sample of 76 countries, they find a strong association between the importance of SMEs and GDP per capita growth. This relationship, however, is not robust to controlling for simultaneity bias. So, while a large SME sector is characteristic of successful economies, the data fail to support the hypothesis that SMEs exert a causal impact on growth. Furthermore, the authors find no evidence that SMEs reduce poverty. Finally, they find qualified evidence that the overall business environment facing both large and small firms - as measured by the ease of firm entry and exit, sound property rights, and contract enforcement - influences economic growth.This paper - a product of Finance, Development Research Group - is part of a larger effort in the group to understand the role of SMEs.

Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa

Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa PDF Author: Ameen Alharbi
Publisher: Cambridge Scholars Publishing
ISBN: 1443879193
Category : Business & Economics
Languages : en
Pages : 185

Book Description
Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa addresses the vital question of why the millions of dollars of governments’ and international development interventions in the SMEs sector are yet to deliver significant and sustainable employment and poverty reduction in Africa. The book also addresses the question of how the SMEs sector can help in the eradication of poverty in Africa. The book also tackles the question of what policy makers, SMEs operators, would-be entrepreneurs and trainers can do to contribute to poverty reduction through the SMEs sector. To address these three key questions, the book has adopted innovative concepts and ideas that will appeal to the sensibilities of African policy makers, trainers, business operators and would-be entrepreneurs. For example, the existing literature on system thinking and spirituality in business is used to offer a novel approach and departure from the perennial focus on “technical training” and hardnosed pursuit of “individualised” business and personal goals as a means of developing entrepreneurs and crafting SMEs policy. The key features of the book are: • a focus on changing the mind-set of SMEs operators, policy makers, trainers and would-be entrepreneurs; • contextualising the role of SMEs in poverty reduction by emphasizing the relevance of the African worldview, belief systems and spirituality during policy making, policy implementation and training of SMEs operators and would-be entrepreneurs; • theoretical explanations to why good intentions in policy formulation and implementation do not deliver expected outcomes in terms of the SMEs sector’s contribution to poverty reduction; • practical guidelines on how SMEs can develop a poverty-related mission statement, business strategy and business plan within the context of poverty reduction; • personal development guidelines for SMEs operators and prospective entrepreneurs on how to develop poverty-related personal mission statements and strategies; • the introduction of spiritual poverty and system thinking as the foundation for policy formulation and poverty reduction interventions in Africa.

Small and Medium Enterprises Across the Globe

Small and Medium Enterprises Across the Globe PDF Author: Meghana Ayyagari
Publisher: World Bank Publications
ISBN:
Category : Pequeą y mediana empresa (PYME)
Languages : en
Pages : 40

Book Description
This paper describes a new cross-country database on the importance of small and medium enterprises (SMEs). This database is unique in that it presents consistent and comparable information on the contribution of the SME sector to total employment and GDP across different countries. The dataset improves on existing publicly available datasets on several grounds. First, it extends coverage to a broader set of developing and industrial economies. Second, it provides information on the contribution of the SME sector using a uniform definition of SMEs across different countries, allowing for consistent cross-country comparisons. Third, while we follow the traditional definition of the SME sector as being part of the formal sector, the new database also includes the size of the SME sector relative to the informal sector. This paper describes the sources and the construction of the different indicators, presents descriptive statistics, and explores correlations with other socioeconomic variables. This paper--a product of Finance, Development Research Group--is part of a larger effort in the group to study SME-related issues.

Firm Size and the Business Environment

Firm Size and the Business Environment PDF Author: Mirjam Schiffer
Publisher: World Bank Publications
ISBN: 9780821350034
Category : Business & Economics
Languages : en
Pages : 68

Book Description
The development of the small and medium enterprise sector is deemed crucial for economic growth and poverty alleviation. Such firms are often though to be at a disadvantage when compared with larger enterprises, but the reverse can apply, for example in the more flexible approach of the smaller firm. This paper draws on a private sector survey in 80 countries examining whether business obstacles are related to firm size. It finds a bias against small firms, which experience significantly greater problems than large firms with financing, taxes and regulations, inflation, corruption and street crime. These problems should be the prime targets of policies aimed at reducing inequity.

Guide on Poverty Measurement

Guide on Poverty Measurement PDF Author:
Publisher:
ISBN: 9789211171372
Category :
Languages : en
Pages : 205

Book Description
Vejledning om anvendelse af forskellige målemetoder, med det formål at forbedre den internationale sammenlignelighed af fattigdomsstatistikker.

Small and Medium Enterprise Development for Poverty Reduction

Small and Medium Enterprise Development for Poverty Reduction PDF Author:
Publisher: Bib. Orton IICA / CATIE
ISBN: 9789977574509
Category :
Languages : es
Pages : 156

Book Description


Handbook of Research on Small and Medium Enterprises in Developing Countries

Handbook of Research on Small and Medium Enterprises in Developing Countries PDF Author: Ahmad, Noor Hazlina
Publisher: IGI Global
ISBN: 1522521666
Category : Business & Economics
Languages : en
Pages : 479

Book Description
Smaller companies are abundant in the business realm and outnumber large companies by a wide margin. Understanding the inner workings of small businesses offers benefits to the consumers and the economy. The Handbook of Research on Small and Medium Enterprises in Developing Countries is an essential handbook for the latest research on the intentions, performance, and application models of independent firms. Featuring exhaustive coverage on a broad range of topics such as green IT, entrepreneurial ventures, and social capital, this publication is ideally designed for researchers, academicians, and practitioners seeking current research on the different opportunities and challenges in relation to this specific sector of business around the globe.

Pathways Out of Poverty

Pathways Out of Poverty PDF Author: Gary S. Fields
Publisher: World Bank Publications
ISBN: 9780821354049
Category : Business & Economics
Languages : en
Pages : 324

Book Description
How private firms contribute to economic mobility and poverty reduction and what governments can do to enhance their contributions is the theme of this book. The positive role (often underemphasized) the private sector plays in economic development is looked at. Also the labour market and how various mechanisms in the economy interact to affect conditions for people as workers and as consumers. The links among the business environment, private sector development, economic growth, poverty reduction and economic mobility are also examined.

Poverty Reduction for Inclusive Sustainable Growth in Developing Asia

Poverty Reduction for Inclusive Sustainable Growth in Developing Asia PDF Author: Farhad Taghizadeh-Hesary
Publisher: Springer Nature
ISBN: 9811611076
Category : Business & Economics
Languages : en
Pages : 254

Book Description
This book provides practical policy recommendations that are useful for developing Asia and for accelerating poverty reduction plans in the rest of the world. Poverty reduction in all its forms remains one of the greatest challenges facing humanity. In developing Asia, rapid growth in countries and sub-regions such as China, India, and Southeast Asia has lifted millions out of poverty, but progress has been uneven. On the other hand, the current coronavirus (COVID-19) pandemic and the global economic recession that it has caused are pushing millions of people back into poverty. Poverty reduction, inclusive growth, and sustainable development are inseparable, and poverty reduction is the premise for sustainable development. The Sustainable Development Goals (SDGs) are a bold commitment to finish what we started and end poverty in all forms and dimensions by 2030. However, because of the current global recession, the world is not on track to end poverty by 2030. Given the aforementioned situation, if we plan to achieve the no-poverty target in line with the SDGs, governments need to reconsider their policies and economies need to allocate their resources for this aim. Owing to the importance of the topic, this book provides several thematic and empirical studies on the roles of small and medium-sized enterprises, local businesses and trusts, international remittances and microfinance, energy security and energy efficiency in poverty reduction, and inclusive growth.