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- W1577837170 abstract "The landmark Agricultural Development Lead Industrialization (ADLI) policy of the Ethiopian government was introduced in 1994 with a view to alleviate key strategic challenges such as food insecurity, abject poverty, reliance on foreign assistance and unemployment. Although ADLI has been implemented for over 14 years now, it has produced poor results so far. The failure of ADLI is attributed to lack of political commitment and vital resources that are required for the successful implementation of the policy. The country still depends on food charity and handouts from foreign donors as a means of alleviating shortage of food among the poorest of the poor. Food charity does not always solve problems such as decline in agricultural productivity. Neither does it improve the level of income of poorly skilled and under-resourced peasants. This study shows that micro, small and medium enterprises have the potential to fill the gap by alleviating extreme poverty among the masses, and by generating employment opportunities for the poor. The study is based on a 6-year follow-up study of a random sample of 500 small businesses selected from five major cities of Ethiopia, and identifies key predictors of viability and long term survival. Results from binary logistic regression analysis and Kaplan-Meier survival probability curves show that access to credit, innovation, and the presence of an enabling macroeconomic environment are essential for ensuring sustained rural development and livelihood in Ethiopia. The development of thriving agribusiness enterprises is critical for facilitating linkage between the agricultural sector and the rest of the economy." @default.
- W1577837170 created "2016-06-24" @default.
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- W1577837170 date "2009-01-01" @default.
- W1577837170 modified "2023-09-27" @default.
- W1577837170 title "Promoting micro, small and medium Enterprises (MSMEs) for sustainable rural Livelihood" @default.
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