The dynamics of micro and small enterprises in developing countries
- D. C. Mead and C. Liedholm (1998). World Development, 61-74
- Abstract: The number of people engaged in micro and small enterprises increases as a result of new enterprises being started and through an expansion of existing activities. As a partial offset to these increases, employment declines when existing businesses cease operations. This article draws on recent survey work to examine the magnitude and determinants of enterprise births, closures and expansions. It explores the ways in which these different sources of change are influenced by the state of the macroeconomy, and examines policy and project implications. 1998 Elsevier Science Ltd. All rights reserved.
- Theme: Microbusiness profiles
- Keywords: Africa and caribbean, Births, Closures, Dynamics, Growth, Small enterprise, developing world, industrial development, microenterprise, small scale industry
- Reference type: Journal Article
- Geographic location: Central America, Africa, Global South