Local economic development in South Africa: A useful tool for sustainable development

Abrahams, Diane

doi:10.1007/s12132-003-0010-0

Cited by 27 publications

(23 citation statements)

References 9 publications

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“…As a response to these negative conditions, it is necessary that small, medium and large entrepreneurs enhance their job creation abilities (Barakat, 2001). A well supported and enhanced small business sector is likely to continue contributing to the economic development process in the same way as large business (Abraham, 2003).…”

Section: Data Collection Methodologymentioning

confidence: 99%

“…It was also pointed out by the Advani (1997) that from the socio-economic development point of view, SMEs provide a variety of benefits. A well-supported and enhanced small business sector is likely to continue contributing to the economic development process in the same way as a large business (Abraham, 2003). One of the noteworthy distinctiveness of a prosperous and emergent economy is a booming and blooming small and medium enterprises (SMEs) sector (Feeney and Riding, 1997).…”

Section: Literature Reviewmentioning

confidence: 99%

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Impact of SMEs on Employment in Textile Industry of Pakistan

Syed¹,

Shah²,

Shaikh³

et al. 2012

ASS

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This research investigates the impact of Small & Medium Enterprises on Employment in textile industry. Data were collected from 100 respondents from 30 organizations by using simple random technique. A structural questionnaire was developed to get reliability of the Data. Data were analyzed by using SPSS-18 version. It was revealed that SMEs are the major source of foreign exchange earnings, SMEs have a major contribution in Pakistan’s GDP, A known feature of SME sector is its ability to create jobs, SMEs maintain the poverty alleviation activities through creating employment, SMEs assist in fostering a self-help and entrepreneurial culture, SMEs boost up an entrepreneurial strength which puts forward flexibility in the economy, SMEs are more capable in resource allocation as compared to large scale industries, SMEs in general consider employees as their most important resources, SMEs are pioneer in developing new products and services and finally SMEs are in general very quality minded in the products and services they provide

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Section: Data Collection Methodologymentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Impact of SMEs on Employment in Textile Industry of Pakistan

Syed¹,

Shah²,

Shaikh³

et al. 2012

ASS

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“…The unplanned disbursements to the war veterans and the participation in the DRC civil war in August 1998 by Zimbabwe worsened the economic downturn, hence, external investors lost confidence in the country (Kanyenze et al, 2017). According to the World Bank (2008) during this period, the SME sector absorbed a significant number of those retrenched from large-scale entities as people opted for small and informal businesses as a solution for high unemployment rates (Abraham, 2003;SEDCO, 2010). In a drive to mitigate high unemployment rates, the Zimbabwean government embraced the socialist philosophy which promoted the funding of cooperatives for the unemployed with little or no attention to the SME sector (Chinembiri, 2011).…”

Section: Development Of Smes In Zimbabwementioning

confidence: 99%

An overview of the historical development of Small and Medium Enterprises in Zimbabwe

Dlamini

Schutte

2020

Small Enterprise Research

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“…LED initiatives were regarded as proactive actions by the people to create economic opportunities and improve their social conditions. Abrahams (2003) identified a number of LED initiatives to address particular social and economic challenges at the local level such as focusing on the mobilization of local resources, redistribution of resources, promotion of local creativity and innovation, investment in human capital, the provision of technical assistance and training for self-employment and business start-up and support for enterprise creation. Most western countries regarded LED as an important tool to deal with poverty (Simon, 2003) using community-based initiatives such as co-operatives as the anchor vehicles.…”

Section: Local Economic Development: An International Perspectivementioning

confidence: 99%

Impact of Local Economic Development on Livelihoods in Ba-Phalaborwa, South Africa

Piet¹,

Mtapuri²

2014

MJSS

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Local Economic Development has been adopted by the South African government as one of the strategies to alleviate poverty and reduce unemployment. This article evaluates the impact of Local Economic Development on the livelihoods of communities in the Ba-Phalaborwa Local Municipality. The article contributes to the understanding of local economic development in the context of community projects which are regarded as LED projects. The article used both qualitative and quantitative research designs in which a questionnaire and interviews were used for data collection. The article argues that there is need to offer adequate infrastructure in order to enhance business development in a rural, sub-urban or urban environment and that local economic development is important in a municipal context in the reduction of poverty, unemployment and the creation of jobs. The major contribution of this article is a model of LED projects which empowers communities for

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Local economic development in South Africa: A useful tool for sustainable development

Cited by 27 publications

References 9 publications

Impact of SMEs on Employment in Textile Industry of Pakistan

Impact of SMEs on Employment in Textile Industry of Pakistan

An overview of the historical development of Small and Medium Enterprises in Zimbabwe

Impact of Local Economic Development on Livelihoods in Ba-Phalaborwa, South Africa

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