✦ LIBER ✦

Finance for small enterprise growth and poverty reduction in developing countries

✍ Scribed by Christopher J. Green; Colin H. Kirkpatrick; Victor Murinde

Publisher: John Wiley and Sons
Year: 2006
Tongue: English
Weight: 122 KB
Volume: 18
Category: Article
ISSN: 0954-1748
DOI: 10.1002/jid.1334

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✦ Synopsis

Abstract

This paper examines the ways in which financial sector development policy might contribute to poverty reduction, particularly by supporting the growth of micro and small enterprises (MSEs). Specifically, the paper draws on case studies and empirical work on the changing role of MSEs in the development process and the access of MSEs to informal and formal finance, including the role of microfinance. A number of research priorities relating to the links among financial policy, small enterprise development and poverty reduction are identified for the immediate attention of researchers engaged in contributing to the achievement of the Millennium Development Goal (MDG) of halving global poverty by 2015. Copyright © 2006 John Wiley & Sons, Ltd.

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