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Sustaining Small and Medium Enterprises through Financial Service Utilization: Does Financial Literacy Matter? AgEcon
Nunoo, Jacob; Andoh, Francis K..
Promoting a dynamic operating environment for Small Medium scale enterprises (SMEs) is seen as a priority amongst economic development goals, in both developed and emerging economies. SMEs are a primary driver for job creation and GDP growth. They greatly contribute to economic diversification and social stability and they play an important role for private sector development. It must be emphasized, that the utilization of these financial products does not only promote the growth of the SMEs themselves but also their active participation in the financial services market leads to financial development which is widely recognized as an important determinant of economic growth and also recognized as important for enhancing the social and economic impact of...
Tipo: Presentation Palavras-chave: Small and medium scale enterprises; Financial literacy; Utilization; Agricultural Finance; Financial Economics; Research Methods/ Statistical Methods; Q14; M20.
Ano: 2011 URL: http://purl.umn.edu/123418
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