The Impact of Small Business Enterprises on the Economy of Trinidad & Tobago
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چکیده
There appears to be growing consensus that Small Business Enterprises (SBEs) exert a major influence on the economy of Trinidad and Tobago. This study investigated how and to what extent small businesses influenced macroeconomic variables such as employment, growth and productivity in the important sectors of manufacturing and services. The paper used a methodology that traverses the reader though a combination of various literatures, and theories coupled with relevant statistics on small business. This process is aimed at accessing SBEs’ impact on the Trinidad & Tobago’s non-petroleum economy, especially as it relates to economic diversification. Although, there exists significant room for both improvement and expansion of these entities especially in light of the country’s dependence on hydro-carbons – this study provides collaborating evidence that small business enterprises perform an essential role in the future of Trinidad and Tobago’s economy. E c o n o m i c I m p a c t o f S B E s | 2
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