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- Title
Inclusive Industrialization: The Interplay Between Investment Incentives and SME Promotion Policies in Sub-Saharan Africa.
- Authors
van der Ven, Colette M.A.
- Abstract
Most Sub-Saharan African countries have adopted policies to attract foreign direct investment (FDI) and policies to stimulate the growth of small and medium enterprises (SMEs). While a significant body of literature exists analyzing how these objectives can be mutually reinforcing, the negative interplay between these policies remains relatively unexplored. This paper examines whether, and in what circumstances, investment incentives could undermine SME competitiveness and, conversely, whether policies aiming to promote SMEs through encouraging FDI-SME linkages could impede FDI. This paper demonstrates that, absent a comprehensive approach to policy making, tensions invariably arise between investment incentives and SME promotion policies.
- Subjects
AFRICA; INDUSTRIALIZATION; FOREIGN investments; SMALL business; ECONOMIC conditions in Africa; CONTESTS; INTERNATIONAL relations
- Publication
Law & Development Review, 2018, Vol 11, Issue 2, p557
- ISSN
2194-6523
- Publication type
Article
- DOI
10.1515/ldr-2018-0029