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Constraints to Micro, Small and Medium Enterprises Recovery
- Source :
- IJEBD (International Journal of Entrepreneurship and Business Development), Vol 6, Iss 3 (2023)
- Publication Year :
- 2023
- Publisher :
- LPPM of Narotama University Surabaya, 2023.
-
Abstract
- Purpose: This review paper was done to understand the major constraints to Micro Small and Medium Enterprises’ (MSMEs) recovery in Malawi following the impact of COVID-19, discuss implications, and propose policy recommendations. Design/methodology/approach: A systematic review of literature, both grey and from peer reviewed journals was used to identify the major constraints exerted on MSMEs following the onset of COVID-19. Findings: The major constraints to MSMEs’ recovery include disruptions in supply chain, demand for increased use of technology and innovation, lack of access to capital on information on opportunities/ emerging markets, increased health and safety requirements. Research limitations/implications: The unavailability of data on MSMEs’ contribution to the growth and scholarly publication on pre- and post-recovery in Malawi. Practical implications: This study proposes review of fiscal and monetary policies to align with MSMEs growth needs. Originality/value: This is a review paper. Paper type: A literature review.
- Subjects :
- Business climate
COVID-19
Growth constraints
Recovery
MSMEs
Business
HF5001-6182
Subjects
Details
- Language :
- English, Indonesian
- ISSN :
- 25974750 and 25974785
- Volume :
- 6
- Issue :
- 3
- Database :
- Directory of Open Access Journals
- Journal :
- IJEBD (International Journal of Entrepreneurship and Business Development)
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.92b308ac4a1f4349a2ce7f3ece31a103
- Document Type :
- article
- Full Text :
- https://doi.org/10.29138/ijebd.v6i3.2247