SME contributions to employment, job creation, and growth in the Arab world
AbstractRecent economic and political developments have highlighted a challenge shared across the Arab region of generating employment, promoting inclusive growth, and improving competitiveness. In the short run, weakened macroeconomic fundamentals in the developing economies of the Middle East and North Africa are a key challenge. The region's main challenge is to achieve sustainable growth that delivers the quantity and quality of jobs needed. An inclusive and competitive private sector has proven to be one of the most effective and long-term solutions for this challenge. This paper provides an analytical framework to diagnose and identify key challenges to the growth of small and medium enterprises that is supported by a quantitative model based on the World Bank's Enterprise Surveys database. The findings reconfirm that the route to a sustained role for small and medium enterprises in job creation requires improving the credibility of reforms, the effectiveness of policies, and equitable enforcement. Although one size fits all is infeasible for Arab countries, it is important to design policies across sectors to create productive employment and promote economic growth. Supporting innovation and enhancing access to finance are central to the development agenda for small and medium enterprises. And creating an enabling environment and setting up accountable institutions are key to ensure equal opportunity and inclusive growth.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 6682.
Date of creation: 01 Oct 2013
Date of revision:
Access to Finance; Environmental Economics&Policies; Labor Markets; Microfinance; Labor Policies;
This paper has been announced in the following NEP Reports:
- NEP-AFR-2013-11-14 (Africa)
- NEP-ALL-2013-11-14 (All new papers)
- NEP-ARA-2013-11-14 (MENA - Middle East & North Africa)
- NEP-ENT-2013-11-14 (Entrepreneurship)
- NEP-SBM-2013-11-14 (Small Business Management)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David Neumark & Brandon Wall & Junfu Zhang, 2011.
"Do Small Businesses Create More Jobs? New Evidence for the United States from the National Establishment Time Series,"
The Review of Economics and Statistics,
MIT Press, vol. 93(1), pages 16-29, August.
- Neumark, David & Wall, Brandon & Zhang, Junfu, 2008. "Do Small Businesses Create More Jobs? New Evidence for the United States from the National Establishment Time Series," IZA Discussion Papers 3888, Institute for the Study of Labor (IZA).
- World Bank, 2009. "From Privilege to Competition : Unlocking Private-Led Growth in the Middle East and North Africa," World Bank Publications, The World Bank, number 13523.
- repec:wbk:wboper:13435 is not listed on IDEAS
- Werner Hölzl, 2009.
"Is the R&D behaviour of fast-growing SMEs different? Evidence from CIS III data for 16 countries,"
Small Business Economics,
Springer, vol. 33(1), pages 59-75, June.
- Werner HÃ¶lzl, 2008. "Is the R&D Behaviour of Fast Growing SMEs Different? Evidence from CIS III Data for 16 Countries," WIFO Working Papers, WIFO 327, WIFO.
- repec:wbk:wboper:13426 is not listed on IDEAS
- Klapper, Leora & Richmond, Christine, 2011.
"Patterns of business creation, survival and growth : evidence from Africa,"
Policy Research Working Paper Series
5828, The World Bank.
- Klapper, Leora & Richmond, Christine, 2011. "Patterns of business creation, survival and growth: Evidence from Africa," Labour Economics, Elsevier, vol. 18(S1), pages S32-S44.
- repec:wbk:wboper:13439 is not listed on IDEAS
- Henrekson, Magnus & Johansson, Dan, 2008.
"Gazelles as Job Creators â€“ A Survey and Interpretation of the Evidence,"
Ratio Working Papers, The Ratio Institute
117, The Ratio Institute.
- Magnus Henrekson & Dan Johansson, 2010. "Gazelles as job creators: a survey and interpretation of the evidence," Small Business Economics, Springer, vol. 35(2), pages 227-244, September.
- Henrekson, Magnus & Johansson, Dan, 2008. "Gazelles as Job Creators â€“ A Survey and Interpretation of the Evidence," Working Paper Series, Research Institute of Industrial Economics 733, Research Institute of Industrial Economics.
- Sahar Nasr, 2010. "Egyptian Women Workers and Entrepreneurs : Maximizing Opportunities in the Economic Sphere," World Bank Publications, The World Bank, number 2414.
- John Haltiwanger & Ron S. Jarmin & Javier Miranda, 2010.
"Who Creates Jobs? Small vs. Large vs. Young,"
10-17, Center for Economic Studies, U.S. Census Bureau.
- repec:wbk:wboper:13424 is not listed on IDEAS
- repec:wbk:wboper:13437 is not listed on IDEAS
- Pierella Paci & Ana Revenga & Bob Rijkers, 2012. "Coping with Crises: Policies to Protect Employment and Earnings," World Bank Research Observer, World Bank Group, World Bank Group, vol. 27(1), pages 106-141, February.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Roula I. Yazigi).
If references are entirely missing, you can add them using this form.