Bericht
Microenterprises in developing countries: Is there growth potential?
Microenterprises account for a large fraction of employment in developing countries and they are likely to increase in importance in the future. In Sub- Saharan Africa, for example, around 8 million additional jobs need to be created annually in order to cope with the increasing number of new entrants into the labour market (The World Bank, 2013). As microenterprises typically only provide subsistence income to few individuals the question remains whether they have the potential to grow and to contribute to the creation of jobs. Studies suggest that many businesses do indeed have the potential to grow. However, they often lack the necessary funds due to imperfect credit markets, insufficient household savings or behavioral reasons and missing information to exploit their potential. Policy interventions to overcome these issues show some promising results.
- Language
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Englisch
- Bibliographic citation
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Series: DIW Roundup: Politik im Fokus ; No. 114
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Seitz, Helke
- Event
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Veröffentlichung
- (who)
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Deutsches Institut für Wirtschaftsforschung (DIW)
- (where)
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Berlin
- (when)
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2017
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Seitz, Helke
- Deutsches Institut für Wirtschaftsforschung (DIW)
Time of origin
- 2017
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Openness and economic growth in developing countries
Productive Consumption and Growth in Developing Countries
Public Education and Growth in Developing Countries
Openness and economic growth in developing countries
Capital flows to developing countries: Is there an allocation puzzle?
Why isn't there more financial intermediation in developing countries?
New technologies and developing countries: Prospects and potential