What is it about?
This study examines how trade liberalization influences the performance of small and medium-sized enterprises (SMEs) in Nigeria. Using empirical data, the paper assesses whether opening up the economy benefits or challenges SMEs operating in a developing country context.
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Why is it important?
SMEs are vital for job creation and economic growth in Nigeria. Understanding how trade liberalization affects them helps policymakers design balanced trade policies. The findings highlight whether SMEs gain from new market opportunities or struggle due to increased foreign competition, informing strategies to support local businesses and promote sustainable development.
Perspectives
The study suggests the need for supportive policies such as access to finance, capacity building, and infrastructure improvements to help SMEs compete globally. Future research can explore sector-specific impacts, regional differences, and the role of digital trade in enhancing SME performance in liberalized economies.
Uche Abamba Osakede
Read the Original
This page is a summary of: The effect of trade liberalization on SMEs performance in Nigeria, Problems and Perspectives in Management, March 2023, LLC CPC Business Perspectives,
DOI: 10.21511/ppm.21(1).2023.36.
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