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Small-scale enterprise development during structural adjustment in Cameroon
This article assesses the performance of small-scale manufacturing enterprises during the process of structural adjustment in Cameroon. It seeks to determine whether all segments of the industrial sector have been similarly affected by down-scaling, or whether some categories have adaptedbetter to the liberalization of trade and regulatory parameters. Survey results show that a large segment of the manufacturing sector, mostly larger-scale units originally established within a highly subsidized and protected economic environment, is experiencing difficulty in adapting to liberalization
measures. On the other hand, small-scale enterprises, which did not benefit from the same kind of protection as their larger counterparts, are experiencing growth. However, if current trends are maintained, the vitality of the small-scale sector will probably not be sufficient to prevent deindustrialization
of the country.
This article assesses the performance of small-scale manufacturing enterprises during the process of structural adjustment in Cameroon. It seeks to determine whether all segments of the industrial sector have been similarly affected by down-scaling, or whether some categories have adapted
better to the liberalization of trade and regulatory parameters. Survey results show that a large segment of the manufacturing sector, mostly larger-scale units originally established within a highly subsidized and protected economic environment, is experiencing difficulty in adapting to liberalization
measures. On the other hand, small-scale enterprises, which did not benefit from the same kind of protection as their larger counterparts, are experiencing growth. However, if current trends are maintained, the vitality of the small-scale sector will probably not be sufficient to prevent deindustrialization
of the country.
better to the liberalization of trade and regulatory parameters. Survey results show that a large segment of the manufacturing sector, mostly larger-scale units originally established within a highly subsidized and protected economic environment, is experiencing difficulty in adapting to liberalization
measures. On the other hand, small-scale enterprises, which did not benefit from the same kind of protection as their larger counterparts, are experiencing growth. However, if current trends are maintained, the vitality of the small-scale sector will probably not be sufficient to prevent deindustrialization
of the country.
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