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Constraints to Micro, Small and Medium Enterprises Recovery

Authors :
Eluphy Banda Nyirenda
Abubaker Qutieshat, Dr
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.

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