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The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea

Economic growth and development are strategic for the overall development of a country. Micro, small and medium enterprises play a surmountable role in economic growth and development. Among other contributions, they provide jobs in an economy. Several developing countries, such as Eritrea, face lim...

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Main Author: Malamulo,Terence Crayl
Other Authors: Mukuddem-Petersen, Janine
Format: Thesis
Language:English
Published: Graduate School of Business (GSB) 2019
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access_status_str Open Access
author Malamulo,Terence Crayl
author2 Mukuddem-Petersen, Janine
author_browse Malamulo,Terence Crayl
Mukuddem-Petersen, Janine
author_facet Mukuddem-Petersen, Janine
Malamulo,Terence Crayl
author_sort Malamulo,Terence Crayl
collection Thesis
description Economic growth and development are strategic for the overall development of a country. Micro, small and medium enterprises play a surmountable role in economic growth and development. Among other contributions, they provide jobs in an economy. Several developing countries, such as Eritrea, face limited private sector growth, yet also have the need to invest in the creation of enough and decent job for youths. Hence, this study intended to identify the prominent factors that deter the growth of micro, small and medium enterprises as well as the connection between their growth and youth employment, using a case study of Eritrea. The study used econometric research method. Through stratified sampling and a questionnaire, it collected data from 76 micro, small and medium enterprises. In the analysis, it used ordinal and binary logistic regressions, chi-square and correlation tests. The study concludes that there is no sufficient evidence that the growth of micro, small and medium enterprises influences youth employment. It finds that the growth of micro, small and medium enterprises is deterred by obstructive access to raw materials, obstructive banking regulations and obstructive general business regulations and policies. The study recommends improvement of the macro-economic conditions for pro-business sector growth, establishment of a policy on development of micro, small and medium enterprises, and a gradual liberalization of the private economy. Further, it proposes an impact investing based growth model of micro, small and medium enterprises to increase certainty on employment creation contribution. It suggests that an investment in micro, small and medium enterprises for youth employment creation that does not address the identified deterrents faces a significant impact risk.
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institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:43:36.467Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2019
publishDateRange 2019
publishDateSort 2019
publisher Graduate School of Business (GSB)
publisherStr Graduate School of Business (GSB)
record_format dspace
source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/30459 The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea Malamulo,Terence Crayl Mukuddem-Petersen, Janine Impact investing MSMEs growth entrepreneurship youth employment economic development private sector investment business regulation and policy risk Economic growth and development are strategic for the overall development of a country. Micro, small and medium enterprises play a surmountable role in economic growth and development. Among other contributions, they provide jobs in an economy. Several developing countries, such as Eritrea, face limited private sector growth, yet also have the need to invest in the creation of enough and decent job for youths. Hence, this study intended to identify the prominent factors that deter the growth of micro, small and medium enterprises as well as the connection between their growth and youth employment, using a case study of Eritrea. The study used econometric research method. Through stratified sampling and a questionnaire, it collected data from 76 micro, small and medium enterprises. In the analysis, it used ordinal and binary logistic regressions, chi-square and correlation tests. The study concludes that there is no sufficient evidence that the growth of micro, small and medium enterprises influences youth employment. It finds that the growth of micro, small and medium enterprises is deterred by obstructive access to raw materials, obstructive banking regulations and obstructive general business regulations and policies. The study recommends improvement of the macro-economic conditions for pro-business sector growth, establishment of a policy on development of micro, small and medium enterprises, and a gradual liberalization of the private economy. Further, it proposes an impact investing based growth model of micro, small and medium enterprises to increase certainty on employment creation contribution. It suggests that an investment in micro, small and medium enterprises for youth employment creation that does not address the identified deterrents faces a significant impact risk. 2019-08-15T13:31:06Z 2019-08-15T13:31:06Z 2019 2019-08-15T13:16:10Z Master Thesis Masters MCom (Development Finance) http://hdl.handle.net/11427/30459 eng application/pdf Graduate School of Business (GSB) Faculty of Commerce
spellingShingle Impact investing
MSMEs growth
entrepreneurship
youth employment
economic development
private sector
investment
business regulation and policy
risk
Malamulo,Terence Crayl
The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea
thesis_degree_str Master's
title The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea
title_full The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea
title_fullStr The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea
title_full_unstemmed The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea
title_short The nexus between growth of Micro, Small and Medium Enterprises (MSMEs) and youth employment in Eritrea
title_sort nexus between growth of micro small and medium enterprises msmes and youth employment in eritrea
topic Impact investing
MSMEs growth
entrepreneurship
youth employment
economic development
private sector
investment
business regulation and policy
risk
url http://hdl.handle.net/11427/30459
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