scholarly journals Survival strategies for SMEs in hyperinflationary environments: Lessons from SMEs in Harare central business district

2013 ◽  
Vol 10 (4) ◽  
pp. 153-161
Author(s):  
Joseph Chisasa

Lack of credit led to the failure of many Small to Medium Enterprises (SMEs) in Zimbabwe from 2005 to 2009 when inflation peaked at 231 million percent. The article attempted to determine how SMEs survived during this period. Survey data collected from 120 SMEs in Harare was analyzed using descriptive statistics. Results show that SMEs encountering credit constraints use illegal strategies such as hoarding of stock and converting cash sales to stable currencies in the black market. The article demonstrates that policy makers should create a stable operating environment in order to benefit from SME participation in the economy.

1972 ◽  
Vol 4 (2) ◽  
pp. 193-204 ◽  
Author(s):  
P G Hartwick ◽  
J M Hartwick

This paper considers the economic impact of an urban transportation thoroughfare emanating from the central business district of a city to agricultural land. Utilizing the elements of microeconomic theory, namely the models of the producer and of the consumer, we have made an analysis of how a residential area develops around a thoroughfare under different assumptions including transportation costs along the thoroughfare, and the technology of producing residential dwellings in the surrounding area. This contribution can be looked upon as the analysis of residential development in a star-shaped city; the focus is on one branch of the star. With the aid of computer graphics, alternative economic landscapes surrounding the thoroughfare are simulated. The purpose of this paper is to demonstrate the nature of city-forming forces which are generated by the decision making of producers and consumers in spatially defined areas. By demonstrating in the particular case of an urban thoroughfare the powerful city-forming influences of decision making of city dwellers, it is hoped that urban policy makers may be alerted to some different aspects of the ongoing processes of urban change.


Sociology ◽  
2019 ◽  
Author(s):  
Christina Jackson

Urban inequality is a multidisciplinary field that incorporates political economists, geographers, sociologists, anthropologists, and historians, who describe the existence of unequal opportunities in urban spaces. Inequality manifests in a growing gap between the rich and poor and the dominance of unequal opportunities and access across the urban landscape. Vulnerable communities, including the poor and racial and ethnic groups, can be the most impacted by inequality. While inequality exists everywhere, American urban inequality is traditionally understood as being more concentrated in spaces in proximity to a city’s central business district. Efforts toward privatization, increasing global investment, and urban redevelopment reflect trends in replacing social welfare with private capital, increasing the vulnerability of urban inhabitants, but also providing a glaring illustration of who is most effected. Given this, what has developed in urban spaces with cumulative racial, economic, and gendered disadvantages is a mix of cultural norms, but also survival strategies, networks, and resistance. Political economists and geographers are useful at describing how economic engines of cities influence urban policy, and in turn disproportionately negatively affect neighborhoods with less social capital. Sociologists, anthropologists, and historians are useful in recounting the specific historical processes by which segregation and deindustrialization, to name a few factors, led to the stigmatization of urban spaces. What develops are specific frames and connections to unequal spaces that result in new cultural norms and new relationships in city neighborhoods as they face transitions with increasing private development.


2018 ◽  
Vol 7 (3.6) ◽  
pp. 420
Author(s):  
Nyoman Sudapet ◽  
Agus Sukoco ◽  
Muhammad Ikhsan Setiawan ◽  
Paisal Halim ◽  
Syamsiah Badruddin ◽  
...  

Madura is small island, East Java Province, Indonesia, with the Surabaya - Madura (Suramadu) Bridge 5.7 km length. It is the largest bridges In Indonesia, connected 2 (two) island, Java and Madura. In Suramadu area will be build landed house and apartments, residential, central of business, central of tourism. In Suramadu area, especially in Surabaya side will be built by some interesting landed house and apartments, residential, central of business, central of tourism, combining with recreation area. The Government seeks to attract the private sector to cooperate in the development and investment in landed house and apartments, residential, central of business, central of tourism, through the approach of government and private cooperation. Law number 22/1999 and Law number 34/2004 on regional autonomy have improved the performance of local governments, in particular through the policy of increasing local revenues through cooperation with private parties. Investment must be injected in Suramadu area by investors is IDR 18,410,577,670,000.00, it would be very interesting.   


2020 ◽  
Vol 12 (12) ◽  
pp. 4867
Author(s):  
Yunxi Bai ◽  
Jusheng Song ◽  
Shanshan Wu ◽  
Wei Wang ◽  
Jacqueline T. Y. Lo ◽  
...  

In recent years, environmentally-friendly, sustainable, and compact development has become increasingly popular with governments. An extensive body of literature has focused on the influence on housing prices from an economic perspective. Although residential urban planning from the perspective of individual needs must be considered, little attention has been paid to residents’ demands in high-density and compact urban areas. In this study, we selected Hong Kong as the case and adopted a reliability interval method to rank residential attitude metrics, which indicated residents’ neighborhood needs in densely populated cities. The influences of location attributes on residents’ demands and residential value were compared. A hedonic price model was used to estimate the impacts of the attributes on housing prices. The results showed that both access to metro stations and median household income had important influences on residents’ preferences and housing prices. However, access to the central business district contributed largely to housing prices but not to residents’ attitudes. These findings support urban planners and policy makers during sustainable residential planning and policy formation by understanding residents’ needs in compact urban areas, help them to optimize the match between housing attributes and residents’ expectations, and balance the relationship between residents’ needs and economic interest.


2016 ◽  
Vol 48 (1) ◽  
pp. 21 ◽  
Author(s):  
Cyril Kanayo Ezeamaka ◽  
Olumide Akinwumi Oluwole

Abuja Master Plan provided development of adequate Green Areas and other Recreational Facilities within the Federal Capital City (FCC), as part of its sustainability principles and provided for these recreational facilities within each neighborhood (FCDA, 1979). However, there have been several recent foul cries about the negative development of recreational facilities and the abuse of the Master Plan in the FCC.  The motivation for carrying out this study arose from the observation that recreational facilities in Phase 1 of the Federal Capital City Abuja are not clearly developed as intended by the policy makers and thus, the need to identify the recreational facilities in the Phase 1 of FCC and observe their level of development as well as usage. The field survey revealed that the Central Business District and Gazupe have higher numbers of recreational facilities with 45 and 56. While Wuse II (A08) and Wuse II (A07) Districts have lesser recreational facilities with 10 and 17. The field survey further revealed that all the districts in Phase 1 have over 35% cases of land use changes from recreational facilities to other use. The survey shows that over 65% of these recreational facilities are fully developed. The study also shows that just about 11% of the recreational sporting facilities were developed in line with the Abuja Master Plan in Phase 1. The study revealed that recreational facilities in Phase 1 of the FCC, Abuja has not being developed in compliance with the Abuja Master Plan.


2019 ◽  
Vol 3 (VI) ◽  
pp. 193-215
Author(s):  
Rukia Ali Mohammed ◽  
James Rugami

The competitive business environment has forced organizations to engage in complex business decisions which require competitive strategic management. According to Haines (2016), Competitive Strategic management practices involves the formulation and implementation of the major goals and initiatives taken by a company's top management on behalf of its owners, based on consideration of resources and an assessment of the internal and external environments in which the organization competes. Competitive Strategic management practice is an important practice as it gives a strong influence towards firms’ success. Due to the ever changing business environment, small and medium enterprises struggle to operate, manage and improve their businesses efficiently in order to deliver quality products and services consistently and on time. This is because in most enterprises the application of business strategies requires a host of expensive and time consuming changes both in the organizational culture and structure hence many owner / managers have had to overlook for some necessary and critical business strategies. The study will be guided by four objectives; to establish the effect of Cost leadership strategy on the performance of small and medium enterprises in Mombasa central business district, to determine the effect of Differentiation strategy on the performance of small and medium enterprises in Mombasa central business district, to establish the effect of focus strategy on the performance of small and medium enterprises in Mombasa central business district and to determine the effect of product innovation on the performance of small and medium enterprises in Mombasa central business district. The study will be anchored on three theories namely; Resource-based theory, game theory and Porter Generic Strategies Theory. The study will adopt both cross-sectional research design and descriptive survey design. This study targets 19,708 small and medium enterprises located at the Central Business District of Mombasa City County. A sample size of 202 small and medium enterprises will be selected for the study where the units of the study will be business owners/managers. Structured questionnaires will be used to collect primary data. The data collected will be analyzed using SPSS and the specific statistics will be descriptive and inferential statistics. The results will be displayed on charts, tables and graphs. Multivariate regression model and path analysis technique will be used to show the relationship between the independent variables to the dependent variable.


2017 ◽  
pp. 89-106 ◽  
Author(s):  
Mai Nguyen Thi Tuyet ◽  
Hung Nguyen Vu ◽  
Linh Nguyen Hoang ◽  
Minh Nguyen Hoang

This study focuses on examining the impact of three components of materialism on green purchase intention for urban consumers in Vietnam, an emerging economy. An extended Theory of Planned Behavior (TPB) is applied as the conceptual framework for this study. The hypotheses are empirically tested using survey data obtained from consumers in Hanoi, the capital of Vietnam. The regression results show support for most of our hypotheses. The findings indicate that two out of three facets of materialism are significant predictors of green purchase intention. Specifically, success is found to be negatively related to purchase intention, while happiness is related positively to the intention. All three antecedents in the TPB model, including attitude towards green purchase, subjective norm, and perceived behavioral control are also found to have positive impacts on purchase intention. The research findings are discussed and implications for managers and policy makers are provided.


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