SMALL AND MEDIUM SCALE ENTERPRISES (SMEs) FINANCING AND ECONOMIC GROWTH IN NIGERIA

Keyword(s):  
2020 ◽  
Vol 12 (20) ◽  
pp. 8609
Author(s):  
Mohammad Nur-E-Alam ◽  
Mohammad Nasirul Hoque ◽  
Soyed Mohiuddin Ahmed ◽  
Mohammad Khairul Basher ◽  
Narottam Das

This paper reports on the optimization of thin-film coating-assisted, self-sustainable, off-grid hybrid power generation systems for cattle farming in rural areas of Bangladesh. Bangladesh is a lower middle-income country with declining rates of poverty among its 160 million people due to persistent economic growth in conjunction with balanced agricultural improvements. Most of the rural households adopt a mixed farming system by cultivating crops and simultaneously rearing livestock. Among the animals raised, cattle are considered as the most valuable asset for the small-/medium-scale farmers in terms of their meat and milk production. Currently, along with the major health issue, the COVID-19 pandemic is hindering the world’s economic growth and has thrust millions into unemployment; Bangladesh is also in this loop. However, natural disasters such as COVID-19 pandemic and floods, largely constrain rural smallholder cattle farmers from climbing out of their poverty. In particular, small- and medium-scale cattle farmers face many issues that obstruct them from taking advantage of market opportunities and imposing a greater burden on their families and incomes. An appropriate measure can give a way to make those cattle farmers’ businesses both profitable and sustainable. Optimization of thin-film coating-assisted, self-sustainable, off-grid hybrid power generation system for cattle farming is a new and forward-looking approach for sustainable development of the livestock sector. In this study, we design and optimize a thin-film coating-assisted hybrid (photovoltaic battery generator) power system by using the Hybrid Optimization of Multiple Energy Resources (HOMER, Version 3.14.0) simulation tool. An analysis of the results has suggested that the off-grid hybrid system is more feasible for small- and medium-scale cattle farming systems with long-term sustainability to overcome the significant challenges faced by smallholder cattle farmers in Bangladesh.


2021 ◽  
Vol 1 (1) ◽  
pp. 27-30
Author(s):  
Saiful Rizal ◽  
◽  
Budi Sasongko

This study aims to examine investment in the business sector and subsidies to encourage consumption and economic growth in Indonesia. This study uses secondary data from world banks and processed regression using the moving average autoregression method. We find that the dominance of investment in the business sector in Indonesia comes from foreign funds, which puts pressure on domestic companies and investors who rely on the informal sector so that increased investment puts pressure on the backbone of the Indonesian economy, namely micro, small and medium scale enterprises


Focaal ◽  
2016 ◽  
Vol 2016 (74) ◽  
pp. 28-41 ◽  
Author(s):  
Astrid Oberborbeck Andersen

This article examines what economic growth and state versions of progress have done to small and medium-scale farmers in an urban setting, in Arequipa in southern Peru. The general reorganization of production, resources, and labor in the Peruvian economy has generated a discursive move to reposition small and medium-scale farmers as backward. This article analyzes how farmers struggle to find their place within a neoliberal urban ecology where different conceptions of what constitutes progress in contemporary Peru influence the landscape. Using an analytical lens that takes material and organizational infrastructures and practices into account, and situates these in specific historical processes, the article argues that farmers within the urban landscape of Arequipa struggle to reclaim land and water, and reassert a status that they experience to be losing. Such a historical focus on material and organizational infrastructural arrangements, it is argued, can open up for understanding how local and beyond-local processes tangle in complex ways and are productive of new subjectivities; how relations are reconfigured in neoliberal landscapes of progress and dispossession. Such an approach makes evident how state and nonstate actors invest affects, interests, and desires differently within a given landscape.


Author(s):  
Abolade Francis Akintola ◽  
Olusola Babatunde Oluwalaiye ◽  
Janet Arike Adegoke
Keyword(s):  

2016 ◽  
Vol 5 (1) ◽  
pp. 7
Author(s):  
D.S. Priyarsono ◽  
H Siregar ◽  
D Bakce

This paper argues that a strong agriculture sector is needed by the economy to rapidly grow. However, it is not sufficient. A strong agriculture sector can sustainably support the economic growth only if there are economic sectors that sufficiently demand commodities produced by the sector. The result of an analysis of Social Accounting Matrix (SAM) shows that agribusiness, or more specifically small and medium scale agriculture based industries, is the key for enhancing the performance of the economy. Agribusiness can also considerably improve the income of poor rural people and significantly create employment. Therefore, it would result in a better income distribution.


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