The ongoing political crises and their impact on micro and small enterprises: a case study of Ethiopia

Abstract

This study aimed to highlight the challenges and difficulties that face small business enterprises in inhibiting Etiopia. The author wants to reveal the impact of consecutive crises and conflicts on small businesses. To achieve this goal, a case study research in combination with a detailed review of the literature was done; the study population was 50 small business owners selected randomly from many small business owners. From the findings it was possible to summarize that the political environment has a significant and positive impact on small business success and the study also revealed that the war caused colossal material damage in the region, which has a total birr value of 288 billion. In addition, the most critical problems facing small businesses in Ethiopia's Amhara region are the difficulty of getting funds, poor infrastructure, corruption, difficulties in securing raw materials, lack of skilled employees, peace and security issues, challenges in getting licensing, and the absence of specific small business authority. Even though the political crisis is country wide and affects the business sector in the whole nation, the study is limited to Amhara region only due to certain constraints such as financial problems and time. In this regard, the findings of the study can be used to find a way to support small businesses to revive again. This study presents the effect of the current continuous war on small businesses in Ethiopia and will provide the basis for future researchers in this regard.

Blockchain and fintech technologies in the digital space of financial and industrial companies

“…The author investigates the various ways in which technology, such as digital platforms or blockchain, is shaping the landscape of renewable energy investments and decentralizing their funding sources [58], [59]. In general, the article's findings and insights may contribute to a better understanding of the potential advantages and obstacles related to adopting fintech solutions for financing renewable energy projects [60], particularly in the specific context of Hong Kong as a global financial center.…”

Crisis and Resilient Response

“…There can be infinite reasons for it, both on the global level, e.g. war, global crises, global warming, pandemics (Išoraitė & Alperytė, 2023;Beshir, 2022;Somogyi & Nagy, 2022;Župerkienė et al, 2021;Bilczak, 2021;Buzzanca, Conigliani & Costantini, 2023 ) or on the personal level, e.g., illness, separation, death, loss of sense of security due to loss of job (Jankelová et al, 2021;Ighoshemu & Ogidiagba, 2022;Rak et al, 2022).…”

Multidimensional Comparative Analysis of the House Price Index in Europe Between 2021-2022 in the Aspect of Economic Security

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