SME contributions to employment, job creation, and growth in the Arab world
Recent 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.
|Date of creation:||01 Oct 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: (202) 477-1234
Web page: http://www.worldbank.org/
More information through EDIRC
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).
- Klapper, Leora & Richmond, Christine, 2011.
"Patterns of business creation, survival and growth: Evidence from Africa,"
Elsevier, vol. 18(S1), pages S32-S44.
- Klapper, Leora & Richmond, Christine, 2011. "Patterns of business creation, survival and growth : evidence from Africa," Policy Research Working Paper Series 5828, The World Bank.
- World Bank & International Finance Corporation, . "Doing Business in Colombia 2010," World Bank Other Operational Studies 13426, The World Bank.
- 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 – A Survey and Interpretation of the Evidence," Working Paper Series 733, Research Institute of Industrial Economics.
- Henrekson, Magnus & Johansson, Dan, 2008. "Gazelles as Job Creators – A Survey and Interpretation of the Evidence," Ratio Working Papers 117, The Ratio Institute.
- 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.
- Sahar Nasr, 2010. "Egyptian Women Workers and Entrepreneurs : Maximizing Opportunities in the Economic Sphere," World Bank Publications, The World Bank, number 2414.
- 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 Hölzl, 2008. "Is the R&D Behaviour of Fast Growing SMEs Different? Evidence from CIS III Data for 16 Countries," WIFO Working Papers 327, WIFO.
- Pierella Paci & Ana Revenga & Bob Rijkers, 2012. "Coping with Crises: Policies to Protect Employment and Earnings," World Bank Research Observer, World Bank Group, vol. 27(1), pages 106-141, February.
- World Bank & International Finance Corporation, . "Doing Business in Nigeria 2010," World Bank Other Operational Studies 13424, The World Bank.
- 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.
- World Bank & International Finance Corporation, . "Doing Business in Pakistan 2010," World Bank Other Operational Studies 13435, The World Bank.
- World Bank & International Finance Corporation, . "Doing Business in Zanzibar 2010," World Bank Other Operational Studies 13439, The World Bank.
- World Bank & International Finance Corporation, . "Doing Business in Philippines 2011," World Bank Other Operational Studies 13437, The World Bank.
When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:6682. See general information about how to correct material in RePEc.
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.