Small Enterprise Responses to Liberalization in Five African Countries
This study investigates three issues concerning the role of indigenous entrepreneurs in the transition from a state-led development strategy to a more market-oriented approach with the private sector taking the lead: 1) the effects of liberalizing...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1995/06/1615073/small-enterprises-responses-liberalization-five-african-countries http://hdl.handle.net/10986/9993 |
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okr-10986-99932021-04-23T14:02:48Z Small Enterprise Responses to Liberalization in Five African Countries Parker, Ronald L. Riopelle, Randall Steel, William F. SMALL ENTERPRISES MICROENTERPRISES LIBERALIZATION STRUCTURAL ADJUSTMENT PROGRAMS COMPETITIVENESS INPUTS BUSINESS ENVIRONMENT MANUFACTURING PRODUCTION MARKETING EXPORT MARKETS ENTREPRENEURS MARKET PENETRATION MARKET COMPETITION REGULATORY ENVIRONMENTS WOMEN IN BUSINESS ACCESS TO CREDIT ACCOUNTING ACCOUNTING PRACTICES BANK ACCOUNTS BANKING SERVICES BUSINESS ENVIRONMENT COMPETITORS CREDIT UNIONS DEREGULATION ECONOMIC GROWTH EMPLOYMENT EXCESS DEMAND EXCHANGE RATE EXPANSION FINANCIAL INSTITUTIONS FINANCIAL SERVICES FIRM SIZE FIRMS IMPORTS INCOME INPUT USE LICENSING MANUFACTURERS MICROENTERPRISES MONOPOLIES NEW ENTRANTS POTENTIAL INVESTORS PRICE CHANGES PRODUCERS SAPS SAVINGS SCALE ENTERPRISES SMALL ENTERPRISES SMALL FIRMS STRUCTURAL ADJUSTMENT TECHNICAL ASSISTANCE WORKING CAPITAL This study investigates three issues concerning the role of indigenous entrepreneurs in the transition from a state-led development strategy to a more market-oriented approach with the private sector taking the lead: 1) the effects of liberalizing the policy regime on the conditions for micro and small-scale enterprises (MSEs); 2) the responsiveness of MSEs to changes in incentives and market conditions; and 3) the capacity of MSEs to mobilize savings, absorb employment, and contribute to growth. The study consolidates the results of surveys undertaken to assess the effects of structural adjustment programs (SAPs) on MSEs in five African countries. The positive effects of SAP reforms on the environment for MSEs included greater access to imported inputs, a shift in relative prices in favor of domestic inputs, and less restrictive regulation of private business. On the negative side, many MSEs faced increasingly intense competition from imports and from a growing supply of self-employed workers. Small-scale enterprises (SSEs) with 6 to 49 workers were generally better able to respond to changing conditions than microenterprises with 1 to 5 workers. They were more likely to change product lines, buy new equipment, and seek export markets. SSE owners were also more likely to have entered businees in response to a market opportunity, whereas microentrepreneurs were more likely to have been motivated by "push" factors such as family tradition and lack of other opportunities. 2012-08-13T10:05:02Z 2012-08-13T10:05:02Z 1995-06 http://documents.worldbank.org/curated/en/1995/06/1615073/small-enterprises-responses-liberalization-five-african-countries http://hdl.handle.net/10986/9993 English Africa Region Findings & Good Practice Infobriefs; No. 42 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
SMALL ENTERPRISES MICROENTERPRISES LIBERALIZATION STRUCTURAL ADJUSTMENT PROGRAMS COMPETITIVENESS INPUTS BUSINESS ENVIRONMENT MANUFACTURING PRODUCTION MARKETING EXPORT MARKETS ENTREPRENEURS MARKET PENETRATION MARKET COMPETITION REGULATORY ENVIRONMENTS WOMEN IN BUSINESS ACCESS TO CREDIT ACCOUNTING ACCOUNTING PRACTICES BANK ACCOUNTS BANKING SERVICES BUSINESS ENVIRONMENT COMPETITORS CREDIT UNIONS DEREGULATION ECONOMIC GROWTH EMPLOYMENT EXCESS DEMAND EXCHANGE RATE EXPANSION FINANCIAL INSTITUTIONS FINANCIAL SERVICES FIRM SIZE FIRMS IMPORTS INCOME INPUT USE LICENSING MANUFACTURERS MICROENTERPRISES MONOPOLIES NEW ENTRANTS POTENTIAL INVESTORS PRICE CHANGES PRODUCERS SAPS SAVINGS SCALE ENTERPRISES SMALL ENTERPRISES SMALL FIRMS STRUCTURAL ADJUSTMENT TECHNICAL ASSISTANCE WORKING CAPITAL |
| spellingShingle |
SMALL ENTERPRISES MICROENTERPRISES LIBERALIZATION STRUCTURAL ADJUSTMENT PROGRAMS COMPETITIVENESS INPUTS BUSINESS ENVIRONMENT MANUFACTURING PRODUCTION MARKETING EXPORT MARKETS ENTREPRENEURS MARKET PENETRATION MARKET COMPETITION REGULATORY ENVIRONMENTS WOMEN IN BUSINESS ACCESS TO CREDIT ACCOUNTING ACCOUNTING PRACTICES BANK ACCOUNTS BANKING SERVICES BUSINESS ENVIRONMENT COMPETITORS CREDIT UNIONS DEREGULATION ECONOMIC GROWTH EMPLOYMENT EXCESS DEMAND EXCHANGE RATE EXPANSION FINANCIAL INSTITUTIONS FINANCIAL SERVICES FIRM SIZE FIRMS IMPORTS INCOME INPUT USE LICENSING MANUFACTURERS MICROENTERPRISES MONOPOLIES NEW ENTRANTS POTENTIAL INVESTORS PRICE CHANGES PRODUCERS SAPS SAVINGS SCALE ENTERPRISES SMALL ENTERPRISES SMALL FIRMS STRUCTURAL ADJUSTMENT TECHNICAL ASSISTANCE WORKING CAPITAL Parker, Ronald L. Riopelle, Randall Steel, William F. Small Enterprise Responses to Liberalization in Five African Countries |
| geographic_facet |
Africa |
| relation |
Africa Region Findings & Good Practice Infobriefs; No. 42 |
| description |
This study investigates three issues
concerning the role of indigenous entrepreneurs in the
transition from a state-led development strategy to a more
market-oriented approach with the private sector taking the
lead: 1) the effects of liberalizing the policy regime on
the conditions for micro and small-scale enterprises (MSEs);
2) the responsiveness of MSEs to changes in incentives and
market conditions; and 3) the capacity of MSEs to mobilize
savings, absorb employment, and contribute to growth. The
study consolidates the results of surveys undertaken to
assess the effects of structural adjustment programs (SAPs)
on MSEs in five African countries. The positive effects of
SAP reforms on the environment for MSEs included greater
access to imported inputs, a shift in relative prices in
favor of domestic inputs, and less restrictive regulation of
private business. On the negative side, many MSEs faced
increasingly intense competition from imports and from a
growing supply of self-employed workers. Small-scale
enterprises (SSEs) with 6 to 49 workers were generally
better able to respond to changing conditions than
microenterprises with 1 to 5 workers. They were more likely
to change product lines, buy new equipment, and seek export
markets. SSE owners were also more likely to have entered
businees in response to a market opportunity, whereas
microentrepreneurs were more likely to have been motivated
by "push" factors such as family tradition and
lack of other opportunities. |
| format |
Publications & Research :: Brief |
| author |
Parker, Ronald L. Riopelle, Randall Steel, William F. |
| author_facet |
Parker, Ronald L. Riopelle, Randall Steel, William F. |
| author_sort |
Parker, Ronald L. |
| title |
Small Enterprise Responses to Liberalization in Five African Countries |
| title_short |
Small Enterprise Responses to Liberalization in Five African Countries |
| title_full |
Small Enterprise Responses to Liberalization in Five African Countries |
| title_fullStr |
Small Enterprise Responses to Liberalization in Five African Countries |
| title_full_unstemmed |
Small Enterprise Responses to Liberalization in Five African Countries |
| title_sort |
small enterprise responses to liberalization in five african countries |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1995/06/1615073/small-enterprises-responses-liberalization-five-african-countries http://hdl.handle.net/10986/9993 |
| _version_ |
1764411422002905088 |