The legal, regulatory and tax framework and small enterprises
Only in particular localities and sectors have government registration procedures significantly constrained new start-ups. With regard to survival, of those enterprises that closed as business failures, issues of access to credit and inputs were important parts of the explanation. In the case
of growth, again, issues of markets and demand, of credit and finance, and access to raw materials and machines were the main problems holding back more rapid expansion. Legal and regulatory reforms must address these constraints if they are to succeed in promoting small enterprise growth.
- Taking Stock
- Emerging issues and debates in the reform of the business environment for small enterprise development
- Village Savings and Loan Associations: experience from Zanzibar
- Community-based financial services: a spectrum of providers
- How commercial banks can offer financial products to SMEs for investing in energy efficiency