Small-Scale Industries in Jordan in the Globalization Era Performance and Prospects
Abstract
The research probes the implications of globalization and domestic economic liberalization for small-scale industries and analysis its growth performance. The research concludes with policy recommendations to ensure the sustenance and competitive growth of small-scale industries in Jordan. Results of the study show that the growth of small scale industries in Jordan in terms of units, employment, output and exports has come up due to globalization, domestic liberalization and dilution of sector specific measures. The government should involve the private sector in the development of infrastructure, to enable efficient monitoring and good facilities to the small scale industries. There is a need to create fund at the government level for disbursement as margin money through district industries centers to small scale industries units to encourage them to undertake technological innovations. A technological vibrant, internationally competitive small scale industries sector should be encouraged to emerge, to make a sustainable contribution to national income, employment and exports.
DOI: https://doi.org/10.3844/jssp.2008.98.102
Copyright: © 2008 Basem Mohammed Lozi. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
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Keywords
- Small scale industries
- policy
- globalization
- Jordan
- competitiveness