Assessment Of Policies And Practices Of Doing Business In Ethiopia

This research aims to investigate policies and practices of doing business in Ethiopia with arnspecial emphasizes on policies and practices of business start-ups and access to credit facility. Forrnthe purpose of this study, the population that the researcher identified to conduct this researchrnwere the small and medium sized enterprises in Addis Ababa. As the complete coverage of thernpopulation is not possible, a subset of the population was selected. To conduct this study arndescriptive survey method was employed and purposive sampling method were employed and forrnthat reason judgmental sampling technique was identified to be more appropriate and preferablernfor this study. Furthermore, the data were collected through closed and open ended questionnaires,rninterviews and document review. Thus, questionnaires were analyzed using descriptive methodsrnwhich mainly focused on data presentation and analysis using frequencies and percentiles with thernhelp of tables and figures. The information gleaned through questionnaire from a sample of 50rnsmall and medium sized enterprise owners and face-to-face interviews were conducted with highrnofficials from Ministry of Trade and National Bank of Ethiopia.rnTo this end, the major findings were the role of Small and Medium sized enterprises; inrnpolicymaking process, in ameliorating the business start-up registrations and also in amelioratingrnthe credit facility to the ease of doing business is very low in our country. There exists also a lessrntransparent system of credit facility and it was identified that there has been few reforms done sornfar.rnThus in light of the major problems the following recommendations were forwarded, policyrninitiatives could produce a better result if problems are conducted or policies are initiated fromrnbottom –up approach or from the general public instead of top-down approach by Ministryrndepartment or the incumbent party. The policies or the reforms done could be more successful if itrnrelies up on creating a single interface: the one-stop shop and utilizing information andrncommunication technologies and the policies and procedures of the institutions like CommercialrnBanks providing credit service to the SMEs is dependent up on its flexibility. From this point ofrnview, the challenges shall be minimized by enhancing the quality of access to credit and other riskrnmanagement products

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