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Improvement of Sustainable Employment Through Increasing Access of Enterprises to Financial Resources in Developing Countries: The Case of Tajikistan
Abstract
Enterprises have traditionally played a vital role in providing sustainable employment, thus contributing to overall social and economic growth of countries. However, many developing countries such as Tajikistan face unemployment because enterprises are not fully functioning there. Evidence from this study shows that enterprises, especially SMEs, could help improve sustainable employment if not faced with obstacles to flourish. The main challenges causing enterprises in developing countries to fail include lack of skills, access to bank credits, access to markets, high tax burdens, insufficient state support, inability to compete, etc. This study looks at the role enterprises, especially SMEs, could play in improving sustainable employment through increasing their access to financial resources in Tajikistan.
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