The socio-economic impact of micro and small enterprises: A case study of metal and woodwork cluster in Meneharia sub-city, Hawassa, Ethiopia
Sammanfattning: Abstract The introduction of micro and small enterprises (MSEs) in Ethiopia represents one of the main recent policy measures aimed at creating mass job opportunities to sustain the economic development of the country. The study tried to examine the socio-economic impact and giving a deeper understanding of metal and woodwork cluster through describing by various data collection Hawassa, Ethiopia. The study also focused specifically on economic, social and political dimensions. The findings of the study were: the metal and wood work enterprises have a positive impact on economic growth; and a significant impact of social capital such as mutual respect, cooperation, honesty and trust, experience sharing, open discussion and responsibility, and easiness in planning. Besides, the participants benefited from the awareness obtained on their rights, responsibilities and constitutional privileges. Moreover, the government use MSEs as a tool to control the people as the party members. Nonetheless, problems such as shortage of electricity significantly influence metal and wood work enterprises. Yet, some of the shortcomings associated with an adverse effect are inflexible working procedures as well as lack of commitment and responsiveness, lack of credit facility and operators on chat addiction. Keywords:-Poverty, micro and small enterprises, social, economical, and political dimension.
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