IMPACT OF GLOBALIZATION ON SMALL AND MEDIUM ENTERPRISE IN NIGERIA
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- NGN 3000
Abstract
This study is on the impact of globalization on small and medium scale enterprises in Nigeria we used ordinary least square estimation procedure in regressing commercial banks loans to SME (s), trade openness, rate of interest rate and inflation rate on gross domestic product. Our result shows that both trade openness and interest rate are negatively related while inflation rate and commercial banks loans are positively related to economic growth in Nigeria during the study period. Based on these, the governments are advised to increase loans given to SME’s at a reduced interest rates to encourage the economy growth of SME’S
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