SMEs in Thailand: The Governmental Initiatives



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Code : ENT0008

Year :
2005

Industry : General Business

Region : Ghana

Teaching Note:Not Available

Structured Assignment :Not Available

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Abstract: Ghana, a nation that remained for long as one of the poorest economies of the world, had become an emerging economy in Africa by 2005. Its gross domestic product growth rate at 4%, between 1990 and 2004, has surpassed that of the other sub-Saharan nations (2%) and rest of the world (3%). Structural transformation of the economy from state controls to free market under the leadership of Jerry Rawlings, who ruled the country from 1981 to 2000 has ushered in a new economic standing. This transformation has encouraged many non-resident Ghanaians to set up their own business in the country and has thereby given a boost to the development process. The reforms were continued by the government that succeeded Rawlings, which ensured stability and continuance of pro-market economic policies.

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Pedagogical Objectives:

  • To discuss the role of political establishments in entrepreneurship development
  • To discuss the Ghanaian government initiatives in making the entrepreneurs a part of the country’s economic development

    Keywords :Emerging economies in Africa,Government and Business Environment Case Study, Ghana’,s economy, Economic liberalisation in Ghana, Services sector in Ghana, State support for entrepreneurs in Ghana, Divestment of state-owned enterprises in Ghana, Multilateral Investment Guarantee Agency (MIGA), Ghana Poverty Reduction Strategy (GPRS), Ministry for Private Sector Development (MPSD)

    Contents :
    » IMPORTANCEOF SMEs IN THE THAI ECONOMY
    » POLICIES OF GOVERNMENT TOSUPPORT SMEs
    » INSTITUTE FOR SME DEVELOPMENT (ISMED)


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