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Article: Collective efficiency: growth path for small-scale industry.
- Article from:
- Journal of Development Studies
- Article date:
- April 1, 1995
- Author:
CopyrightCOPYRIGHT 1995 Frank Cass & Company Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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I. INTRODUCTION
How to achieve economic development on the basis of small local industry is a concern for researchers and practitioners world-wide. Indeed, it has been a central issue of development policy for several decades. What is different in the 1990s is that most economies are more open than before and hence the growth prospects of manufacturers are determined in a more immediate way by their ability to compete against imports or sell in international markets. In this sense a strategy based on the creation of new and the expansion of existing local enterprises has become more difficult but no less urgent.
In trying to find a way forward it does not help ...