CENTRAL BANK OF NIGERIA SEMINAR ON SMALL AND MEDIUM INDUSTRIES EQUITY INVESTMENTS SCHEME (SMIEIS) Publication of CBN Training Centre‚ Lagos NO. 4 Central Bank of Nigeria (CBN) Published 2003 All rights reserved. No part of this publication may be reproduced‚ transcribed‚ translated in any other language‚ stored in a retrieval system or transmitted in any form or by any means‚ electronic‚ mechanical‚ magnetic‚ chemical‚ photocopying‚ recording‚ manual or otherwise‚ without the prior permission
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SMALL AND MEDIUM SCALE ENTERPRISES IN NIGERIA: THE PROBLEMS AND PROSPECTS. By Abiodun Fatai1 Department of Political Science‚ Faculty of Social Sciences Lagos State University‚ Ojo‚ Lagos Nigeria. ABSTRACT Small and medium scale enterprises have long believed to be catalysts for economic growth and national development both in developed and developing countries. In Nigeria where private sector is not well developed SME is assumed to play the role of employment generation‚ facilitator of economic
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efficient manner has continue to be the only viable and alternative for development of small scale enterprises in Nigeria and for the development‚ growth and survival of any economy. The development of small scale enterprises not only contributes significantly to imposed standard‚ they also bring substantial local capital formation and achieve high level of productivity. Small and medium scales are crucial to the development of all economies of the world. They are the modern day’s incubators of job
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ROLE OF SME’S IN THE ECONOMIC DEVELOPEMENT OF PAKISTAN SMEs are considered the engine of economic growth in both developed and developing countries‚ as they generate more employment opportunities with relatively small investment than large-scale firms do. SME provide low cost/ investment employment because the unit cost of persons employed is lower for SMEs than for large-size units; and they are more labor intensive than large-scale enterprises‚ since labor uses either manual‚ or semi automatic
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INTODUCTION Small and medium enterprise(SME’s) in India have a very important place in the Indian economy. Their contribution in terms of production‚ export‚ export‚ employment generation and all round growth of the country is well known. The role of SME sector in the nation building is well recognized not only in India‚ but also across the globe. The industrial engines of Japan‚ china‚ US‚ Germany and Taiwan are also driven by the SME sector. Finance/credit is the most critical component in any
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Approach Paper Evaluation of the World Bank Group’s Targeted Support for Small and Medium Enterprises January 7‚ 2013 Background and Context 1. The World Bank Group seeks to promote private sector led growth to generate employment‚ shared growth and poverty alleviation.1 International research indicates the important role SMEs Figure 1: SME Share of Total Employment‚ by Country Income Category play in growing economies.2 2. As income levels increase‚ SMEs tend to comprise a larger share of economy
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THE SMALL AND MEDIUM ENTERPRISES(SME) IN BANGLADESH: AN OVERVIEW OFTHE CURRENT STATUS Table of Contents: 1.0 The Case for the SMEs.................................................................................................................. 2 2.0 Place of SMEs in the National Economy of Bangladesh................................ 3 3.0 Growth and Structural Transformation of SME................................................... 4 4.0 Constraints to SME Growth....
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risks. The consequence is tightening of Y. Srinivas (The author is Manager‚ Compliance Group at ICICI Bank. He can be reached at srinivas. yanamandra@icicibank. com) Small and Medium Enterprises (SMEs) play a very significant role in the economy in terms of balanced and sustainable growth‚ employment generation‚ development of entrepreneurial skills and contribution to export earnings. However‚ despite their importance to the economy‚ most SMEs are not able to stand up to the challenges of globalisation
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PROJECT TOPIC : SMALL AND MEDIUM SCALE ENTERPRISES DEVELOPMENT IN NIGERIA (A Case Study of Cassava Processing Industry) PROJECT PROPOSAL BACKGROUND TO THE STUDY Interest in the development of small and medium-sized enterprises (SMEs) and their contribution in the development process continue to be in the forefront of policy debates in developing countries. The advantages claimed for SMEs are various‚ including: the encouragement of entrepreneurship; the greater likelihood that SMEs will utilise
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of modern societies but costs and constraints involved in meeting this demand threaten communities in important ways via financial impositions‚ increases in pollution and greenhouse effects and reduction of local amenity‚ promotion of dispersed development and the take up of farm or bush land and depletion of scarce fossil fuel reserves (G‚ 1999‚ pp. 11-122).Nowadays almost every day mass media in Indonesia review the issues about poor public transport and increasing levels of traffic congestion
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