Tabs navigation
The impact of devaluation on small enterprises in Burkina FASO
The 50 per cent devaluation of the CFA franc (FCFA) in January 1994 has led to an economic revolution for francophone Africa. This article examines the impact of devaluation on a dynamic part of the Burkinabè economy, the small enterprise sector, where the effects were supposedto be positive. Against expectations, the conclusions of this research reveal that most of these enterprises have been in crisis since 1994: their real turnover has decreased by 22 per cent and their margin by 24 per cent. The manufacturing of substitute products is still a long-term objective.
The 50 per cent devaluation of the CFA franc (FCFA) in January 1994 has led to an economic revolution for francophone Africa. This article examines the impact of devaluation on a dynamic part of the Burkinabè economy, the small enterprise sector, where the effects were supposed
to be positive. Against expectations, the conclusions of this research reveal that most of these enterprises have been in crisis since 1994: their real turnover has decreased by 22 per cent and their margin by 24 per cent. The manufacturing of substitute products is still a long-term objective.
to be positive. Against expectations, the conclusions of this research reveal that most of these enterprises have been in crisis since 1994: their real turnover has decreased by 22 per cent and their margin by 24 per cent. The manufacturing of substitute products is still a long-term objective.
Economic Sectors in Egypt and Their Managerial Implications
Dana, Leo Paul
Journal of African Business, Vol. 1 (2000), Iss. 1 P.65
https://doi.org/10.1300/J156v01n01_06 [Citations: 10]Tabs navigation
- Value chain financing: evidence from Zambia on smallholder access to finance for mechanization
- Developing agro-pastoral entrepreneurship: bundling blended finance and technology
- Boosting financial inclusion through social assistance reform: evidence-based approach in selecting a payment system
- Building frontline market facilitators' capacity: the case of the ‘Integrating Very Poor Producers into Value Chains Field Guide’
- Impact of COVID-19 on livestock exports from Somalia and the Horn of Africa
Browse our other journals
