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Structural adjustment and its implications for financing small enterprises in Nigeria
This article looks at the extent to which financial liberalization under the recent structural adjustment programmes in Nigeria has affected the chances of microenterprises and small businesses (MSEs) obtaining credit from financial institutions. The 'pro-state' and 'pro-market' viewsregarding access to formal credit by MSEs are contrasted; then the article describes how financial liberalization has affected the banking system in Nigeria. A discussion of the changing patterns of credit sourcing by MSEs from formal financial institutions during 1980–90 follows. This
reveals that the credit available to MSEs from commercial and merchant banks has risen sharply during the period, both in volume and as a proportion of the total credit available to all sectors.
This article looks at the extent to which financial liberalization under the recent structural adjustment programmes in Nigeria has affected the chances of microenterprises and small businesses (MSEs) obtaining credit from financial institutions. The 'pro-state' and 'pro-market' views
regarding access to formal credit by MSEs are contrasted; then the article describes how financial liberalization has affected the banking system in Nigeria. A discussion of the changing patterns of credit sourcing by MSEs from formal financial institutions during 1980–90 follows. This
reveals that the credit available to MSEs from commercial and merchant banks has risen sharply during the period, both in volume and as a proportion of the total credit available to all sectors.
regarding access to formal credit by MSEs are contrasted; then the article describes how financial liberalization has affected the banking system in Nigeria. A discussion of the changing patterns of credit sourcing by MSEs from formal financial institutions during 1980–90 follows. This
reveals that the credit available to MSEs from commercial and merchant banks has risen sharply during the period, both in volume and as a proportion of the total credit available to all sectors.
New directions in the political economy of development
Rapley, John
Review of African Political Economy, Vol. 21 (1994), Iss. 62
https://doi.org/10.1080/03056249408704083 [Citations: 8]In search of the African miracle: debates on successful small enterprise development in Africa
Rogerson, C.M
Habitat International, Vol. 25 (2001), Iss. 1 P.115
https://doi.org/10.1016/S0197-3975(00)00033-3 [Citations: 43]Tabs navigation
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