Impact of the Current Conflict on Small and Medium-sized Enterprises in Yemen

Mohammed Mostafa Mohammed Qaied and Kundan Basavaraj
2020 International journal of modern trends in science and technology  
The most important elements in achieving economic development in all the countries of the world are small and medium enterprises, as they account for the highest percentage of all kinds of economic enterprises of different sizes. The SME sector remains the most main sectors of the Yemeni economy, as the major sources of jobs, growth, and economic diversification. This study aims to identify the impact of the current conflict on Small and medium enterprises in Yemen's economic growth. The study
more » ... epends entirely on secondary data gathered from various sources to gain a full insight into the extent of the damage suffered by the medium and small enterprises due to the current conflict, which was represented in figures as well as tables included. The results showed several challenges are facing SMEs due to the current conflict which destroyed around 65 percent of the SME's in the country. Moreover, the researcher recommended certain Strategies to boost and improve the role of Small and medium enterprises in the country's economic growth and development and avoiding the challenges.
doi:10.46501/ijmtst060837 fatcat:mmr3hwozprcinhpawjeme4s3ge