scholarly journals Funding Arrangements for Small and Medium Scale Enterprises (SMEs) in Nigeria: An Assessment

2016 ◽  
Vol 4 (1) ◽  
pp. 1 ◽  
Author(s):  
Nwosu, M. Eze ◽  
Osuagwu, O. Eberechi ◽  
Abaenewe, Z. Chibueze ◽  
Ndugbu, M. Osondu ◽  
Sani F. Ayegba

<p><em>Small and Medium Scale Enterprises have been fully recognized by governments and development experts as the main engine of economic growth and a major factor in promoting development. They not only contribute significantly to improved living standards, employment generation and poverty reduction but also bring about substantial domestic or local capital formation and achievement of high levels of productivity and capability. A major gap in Nigeria’s industrial development process in the past years has been the absence of a strong and virile SME sub-sector. This study seeks to generally appraise and analyze the operating environment and circumstances of Small and Medium Scale Enterprises in Nigeria with a view to actually identifying why SMEs are not playing major roles in the Nigerian economy as in other economies. The random sampling method was employed and responses to the questionnaire were complemented with personal interviews of key operators. Analysis was undertaken using the Statistical Package for Social Sciences (SPSS). Findings revealed that SMEs have performed below expectation in the development of Nigeria economy due to a combination of factors. Thus, the paper recommends that the realization of these require a paradigm shift from paying lip service to a practical radical forward approach to issues and focus on this all-important sector of the economy and realistically addressing the identified problems by the key operators. </em></p>

2012 ◽  
Vol 7 (1) ◽  
pp. 31-38 ◽  
Author(s):  
Hari Prasad Pathak ◽  
Mukunda Gyawali

This research study focuses on role of microfinance program in creation of enterprise and employment generation. In the Nepalese context various microfinance programs have been running with the aims of socio-economic empowerment, mobilization of internal resources, creation of awareness and generation of self-employment targeting the rural poor. Microfinance has been one of the few effective tools for poverty reduction over the past years. It has been revealed that the loans have been mostly invested on small scale business, livestock and other agro-based enterprises. The study shows that micro finance program has been helpful to create enterprises and generate employment.The Journal of Nepalese Business StudiesVol. Vii, No. 1, 2010-2011Page : 31-38Uploaded date: July 7, 2012


2012 ◽  
Vol 4 (11) ◽  
pp. 649-659
Author(s):  
Ehigiamusoe Uyi Kizito

The paper examines the place of financial markets in the development process in Nigeria. The paper used descriptive approach and discovered that financial markets play fundamental role in the development process. However, the overall performance of the Nigeria’s financial market despite some expansion in recent times has been below its potential. In particular, as propellers of economic development, the markets have not been able to meet their goals such as accelerating industrial development, promoting the rate of investment, generating employment opportunities, providing services that help accelerate poverty reduction, promoting human capital development, and accelerating agricultural productivity. Some of the challenges confronting the Nigeria’s financial markets include; dearth of instruments and lack of market breadth and depth, the oligopolistic structure of the markets, dependence on government, slow growth of the secondary market and information gap and asymmetry. It was therefore recommended that the financial markets should be reformed and effectively harnessed as tools of economic development, and policy makers should create the enabling environment for financial markets to thrive to propel Nigeria to the path of development with a view to achieving Vision 20:2020.


Foreign Direct Investment (FDI) plays an important role in the development process of a country. It has the potential for contributing to the development through the transfer of financial resources, technology and innovative and improved management techniques along with raising productivity. Developing countries like India need substantial foreign inflows to achieve the required investment to accelerate economic growth and development. It can act as a catalyst for domestic industrial development. Further, it helps in speeding up economic activity and brings with it other scarce productive factors such as technical knowledge and managerial experience, which are equally essential for economic development. India has been the most significant beneficiary of remote direct interest in most of its various segments. It likewise assumes a significant job in the advancement of a nation. India is the biggest popularity based nation with the second biggest populace on the planet, with the standard of law and exceedingly instructed English talking work power, the nation is considered as a sheltered spot of assurance for outside financial specialists. The study covers the performance of FDI Equity inflows in India and the sector-wise performance of FDI Equity inflows in India. The samples of sector-wise FDI inflows in India are selected based on the convenient sampling method. A Sample of 10 sectors has been selected based on the availability of data. The inflow of FDI in the media transmission and Constrictions utilizing combined example t’ test P worth is 0.049 (Less than the estimation of 0.05). Henceforth we may accept the invalid speculation with 95% certainty. The Construction (foundation) exercises and Power utilizing combined example t’ test. P worth is 0.016 (Less than the estimation of 0.05). Subsequently, we may accept the invalid theory with 95% certainty


2015 ◽  
Vol 60 (02) ◽  
pp. 1550015
Author(s):  
SUPHANNADA LIMPANONDA

Thailand's rapid economic development brought about remarkable wealth and poverty reduction over the past three decades. However, the problem of inequality continues to challenge Thailand's development process. The country has long been known for its concentration of growth in and around Bangkok. Despite that, studies on inequality focusing on geographical dimension have been limited. This paper therefore explores disparities as well as convergence in Gross Provincial Product (GPP)-per-capita over the past two decades. It also investigates growth determinants at provincial level. Finally, the disparities in poverty and the extent to which provincial growth and inequality affect poverty are analyzed.


Author(s):  
Phi Hung Cuong ◽  
Vu Van Anh

Income is an important indicator for assessing the level of economy development as well as identifying and assessing living standards. The population in Northeast border is poor, facilities are outdated, people’s life is difficult, but it hold great potentials for economic development. However, the region’s biggest challenge today is low living standards and high poverty rate. Differences in income and living standards across regions and strata tend to increase the gap. The sustainability of the trend of income increase and improvement of living standards of the population is not stable. As a result, the development of mountainous areas is dependent on poverty reduction solutions for ethnic minorities through the increase of incomes and improvement of market connectivity for ethnic minorities in mountainous areas.


2020 ◽  
Vol 9 (1) ◽  
Author(s):  
Phu Van Han

After more than 30 years of national reform, Ho Chi Minh City has made great changes in economy, living standards and society for all population groups, including the Cham Muslim community. The study clarifies the social characteristics, community development trends in the current sustainable development process of the Cham Muslims. At the same time, explore the adaptability of the community, clarify the aspects of social life and the development of Cham Muslims in Ho Chi Minh City. Thereby, providing insight into a unique cultural lifestyle, harmony between religion and ethnic customs, in a multicultural, colorful city in Ho Chi Minh City today.


2016 ◽  
Vol 167 (4) ◽  
pp. 221-228 ◽  
Author(s):  
Astrid Zabel ◽  
Eva Lieberherr

Advancement of the Swiss Forest Policy 2020 from stakeholders' perspectives In light of the ending of the Swiss “ Forest Policy 2020”, this article assesses the goals, challenges and concerns of Swiss forest stakeholders in relation to forest policy post 2020. The data were collected through expert interviews and an online survey. The results show that securing an economically sustainable forest management and economically viable silvicultural businesses are key concerns for many stakeholders. Apart from these issues, several further and sometimes conflicting interests were mentioned. The study concludes that a debate on an adjustment of the weights given to goals in the Swiss Forest Policy 2020 may be commendable. However, there does not appear to be need for a complete change of course in order to address the stakeholders' needs and concerns. In terms of policy process, most stakeholders positively evaluated the past planning and development process of the Swiss Forest Policy 2020, but also provided suggestions for improvements. Finally, a network analysis revealed that the Swiss Federal Agency for the Environment, the Swiss Forest Owners Association and the Conference of Cantonal Foresters played a central role in the amendment of the Swiss Federal Forest Act. The analysis also showed that more stakeholders find each other as important than actually work together in a legislative process.


Author(s):  
Daniel Blackie

A common claim in disability studies is that industrialization has marginalized disabled people by limiting their access to paid employment. This claim is empirically weak and rests on simplified accounts of industrialization. Use of the British coal industry during the period 1780–1880 as a case study shows that reassessment of the effect of the Industrial Revolution is in order. The Industrial Revolution was not as detrimental to the lives of disabled people as has often been assumed. While utopian workplaces for disabled people hardly existed, industrial sites of work did accommodate quite a large number of workers with impairments. More attention therefore needs to be paid to neglected or marginalized features of industrial development in the theorization of disability. Drawing on historical research on disability in the industrial workplace will help scholars better understand the significance of industrialization to the lives of disabled people, both in the past and the present.


2002 ◽  
Vol 2 (4-5) ◽  
pp. 423-424 ◽  
Author(s):  
MAURICE BRUYNOOGHE ◽  
KUNG-KIU LAU

This special issue marks the tenth anniversary of the LOPSTR workshop. LOPSTR started in 1991 as a workshop on Logic Program Synthesis and Transformation, but later it broadened its scope to logic-based Program Development in general.The motivating force behind LOPSTR has been a belief that declarative paradigms such as logic programming are better suited to program development tasks than traditional non-declarative ones such as the imperative paradigm. Specification, synthesis, transformation or specialisation, analysis, verification and debugging can all be given logical foundations, thus providing a unifying framework for the whole development process.In the past ten years or so, such a theoretical framework has indeed begun to emerge. Even tools have been implemented for analysis, verification and specialisation. However, it is fair to say that so far the focus has largely been on programming-in-the-small. So the future challenge is to apply or extend these techniques to programming-in-the-large, in order to tackle software engineering in the real world.


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