Microcredit and business-training programs: effective strategies for micro- and small enterprise growth?

Abstract: The World Bank’s most recent Global Financial Development Report (World Bank 2013) has once again stressed lack of both financial capital and business-related knowledge as key impediments to firm growth in developing countries. Yet, the most popular instruments to relax these constraints are largely unsuccessful in spurring firm growth. Most people in developing countries are employed in micro- and small enterprises. Therefore, promoting these firms by providing access to financial capital and basic managerial skills through microcredit and business-training programs has been considered a matter of common sense among experts. However, recent empirical results unambiguously show that these programs are no panacea for poor enterprise development and growth. Many firms have limited access to financial capital, and many owners lack basic managerial skills. These deficits have been frequently assumed to be major impediments to firm growth in developing countries. Microcredit and busines

Angaben zum Objekt

• Standort: Deutsche Nationalbibliothek Frankfurt am Main
• Umfang: Online-Ressource, 8 S.
• Sprache: Englisch
• Anmerkungen: Veröffentlichungsversion ; nicht begutachtet

Verweise und Beziehungen

• Erschienen in: GIGA Focus International Edition ; Bd. 3

Klassifikation und Themen

• Klassifikation: Wirtschaft

Beteiligte, Orts- und Zeitangaben

• Ereignis: Veröffentlichung
• (wo): Hamburg
• (wann): 2014
• Urheber: Prediger, Sebastian ; Gut, Gundula
• Beteiligte Personen und Organisationen: GIGA German Institute of Global and Area Studies - Leibniz-Institut für Globale und Regionale Studien

Weitere Informationen

• URN: urn:nbn:de:0168-ssoar-389503
• Rechteinformation: Open Access unbekannt; Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Letzte Aktualisierung: 15.08.2025, 07:22 MESZ