The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation

This paper provides a descriptive analysis of the profile of village and small-town enterprises in Pakistan drawing on a large-scale survey of enterprises. Although the enterprise sector does not appear to be particularly dynamic, the data indicate that there has been employment growth in this secto...

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Main Authors:	Sur, Mona, Zhang, Jian, Chen, Kevin
Format:	Journal Article
Language:	en_US
Published:	Taylor and Francis 2014
Subjects:	investment climate access to finance village and small-town enterprises enterprise performance rural employment non-farm employment rural enterprise
Online Access:	http://hdl.handle.net/10986/20463

id	okr-10986-20463
recordtype	oai_dc
spelling	okr-10986-204632021-04-23T14:03:56Z The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation Sur, Mona Zhang, Jian Chen, Kevin investment climate access to finance village and small-town enterprises enterprise performance rural employment non-farm employment rural enterprise This paper provides a descriptive analysis of the profile of village and small-town enterprises in Pakistan drawing on a large-scale survey of enterprises. Although the enterprise sector does not appear to be particularly dynamic, the data indicate that there has been employment growth in this sector. The average annual compound employment growth has been about 1% in village enterprises and 3% in small-town enterprises. Access to formal finance, the cost of finance and cumbersome loan procedures pose major challenges for rural entrepreneurs in Pakistan, particularly in terms of availing of long-term financing for investment purposes. Access to and quality of electricity supply, marketing difficulties and transportation-related problems also pose major obstacles. These obstacles have a negative impact on enterprise productivity and the level of investments made by existing firms and discourage the start-up of new enterprises. Addressing the constraints faced by non-farm business in villages and small towns is needed to promote private investments, generate employment and reduce poverty. 2014-10-22T15:50:58Z 2014-10-22T15:50:58Z 2014-04-23 Journal Article Journal of the Asia Pacific Economy 1354-7860 http://hdl.handle.net/10986/20463 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article South Asia Pakistan
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	investment climate access to finance village and small-town enterprises enterprise performance rural employment non-farm employment rural enterprise
spellingShingle	investment climate access to finance village and small-town enterprises enterprise performance rural employment non-farm employment rural enterprise Sur, Mona Zhang, Jian Chen, Kevin The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation
geographic_facet	South Asia Pakistan
description	This paper provides a descriptive analysis of the profile of village and small-town enterprises in Pakistan drawing on a large-scale survey of enterprises. Although the enterprise sector does not appear to be particularly dynamic, the data indicate that there has been employment growth in this sector. The average annual compound employment growth has been about 1% in village enterprises and 3% in small-town enterprises. Access to formal finance, the cost of finance and cumbersome loan procedures pose major challenges for rural entrepreneurs in Pakistan, particularly in terms of availing of long-term financing for investment purposes. Access to and quality of electricity supply, marketing difficulties and transportation-related problems also pose major obstacles. These obstacles have a negative impact on enterprise productivity and the level of investments made by existing firms and discourage the start-up of new enterprises. Addressing the constraints faced by non-farm business in villages and small towns is needed to promote private investments, generate employment and reduce poverty.
format	Journal Article
author	Sur, Mona Zhang, Jian Chen, Kevin
author_facet	Sur, Mona Zhang, Jian Chen, Kevin
author_sort	Sur, Mona
title	The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation
title_short	The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation
title_full	The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation
title_fullStr	The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation
title_full_unstemmed	The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation
title_sort	investment climate and enterprise performance in rural pakistan : implications for rural non-farm employment generation
publisher	Taylor and Francis
publishDate	2014
url	http://hdl.handle.net/10986/20463
_version_	1764445439185125376

The Investment Climate and Enterprise Performance in Rural Pakistan : Implications for Rural Non-farm Employment Generation

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