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Sustaining Economic Development

Author

Listed:
  • Prof. Joseph Nnanna

    (Development Bank Of Nigeria)

Abstract

This paper astutely argues the importance of Micro, Small and Medium Enterprises (MSMEs) in the growth of economies globally. Specifically, in the United States, according to the Small Business Administration (SBA), small businesses make around 53% of United States employer firms, 63% of net new private-sector jobs, 48.5% of private-sector employment.

Suggested Citation

  • Prof. Joseph Nnanna, 2018. "Sustaining Economic Development," Working Papers 1 3002, Office Of The Chief Economist, Development Bank of Nigeria.
    • Handle: RePEc:dbn:wps208:3002
    as

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    File URL: http://40.113.122.62/wps208/3002.pdf
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    References listed on IDEAS

    as
    1. Levine, Ross, 2005. "Finance and Growth: Theory and Evidence," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 12, pages 865-934, Elsevier.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic Growth; Sustainable Development; Micro Small Medium Enterprises.;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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