South Africa - Constraints to Growth and Employment : Evidence of the Small, Medium and Micro Enterprise Firm Survey
This report identifies several themes that cover both macroeconomic constraints as well as structural factors affecting small, medium, and micro enterprises (SMME) in South Africa. After the introduction, Chapter 2 continues to discuss firm demogra...
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| Format: | Pre-2003 Economic or Sector Report |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2000/08/1940619/south-africa-constraints-growth-employment-evidence-small-medium-micro-enterprise-firm-survey http://hdl.handle.net/10986/15414 |
| Summary: | This report identifies several themes
that cover both macroeconomic constraints as well as
structural factors affecting small, medium, and micro
enterprises (SMME) in South Africa. After the introduction,
Chapter 2 continues to discuss firm demographics for the 800
SMME firms surveyed. Characteristics such as age, race,
size, and legal status of the firm are presented along with
a brief description of the entrepreneurs' motivations
for starting their SMME. Chapter 3 provides information on
the degree to which firms in this survey have been expanding
or contracting employment and investment levels, followed by
a discussion of factors limiting further expansion. This
section of the report also contains ratings indicating the
policies SMME firms would like local and national
governments to implement or improve. The remaining chapters
contain more detailed analyses of each of the main
constraints identified. Chapter 4 discusses the skills
shortage as well as the degree to which SMME firms are
hindered by inflexible labor arrangements. Chapter 5
analyzes the capital constraints, but with regard to access
and cost. Chapter 6 illustrates the insufficient progress
made by government promotion and procurement programs.
Chapter 7 discusses the business environment within which
SMME firms must operate, paying particular attention to
location ratings and crime. Finally Chapter 8 evaluates the
extent to which the SMME tier is linked to the international economy. |
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