Mabel Akosua Hoedoafia

Contact image

PhD Student

Address:
Institute of Development Research and Development Policy
Ruhr-University Bochum
Universitätsstr. 105, Room 2.23 / 2.24 / 2.27 / 2.32
44789 Bochum
Germany

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Phone: +49 (0)234 / 32-22009

Fax: +49 (0)234 / 32-14294

Download information as: vCard

Research Interests


  • Private Sector Development
  • Small & Medium Enterprises Financing
  • Public Policy
  • Developments in Capital and Emerging Markets
  • Economic Reforms

Current Project


Effectiveness of Government Interventions in Small & Medium Enterprises Financing in Ghana

The contribution of small and medium size enterprises (SMEs) has been recognised as the means to accelerate the rate of growth of economies globally, especially in developing countries of which Ghana is no exception. SMEs have been identified as the engine of growth and the faster way to help developing economies achieve the rapid industrialization and other developmental goals that they so much desire. In spite of the significant roles played by SMEs in developing countries, there exists a huge financing gap which is rated as a major constraint to the potential for SMEs to expand and grow. In an attempt to solve the increasing need for financing by SMEs, the government of Ghana since 1985 has instituted a number of interventions. However, the desired effects of such interventions have not been achieved. This study therefore seeks to investigate and analyse the effectiveness of government interventions in financing SMEs in Ghana and the overall impact of SME financing on some basic social and economic indicators using the Ghana Venture Capital Trust Fund and the Ghana Private Sector Development Fund/Facility as case studies. As part of the study, the effects of the type of financing on business performance, growth and survival will be investigated. An econometric model predicting the performance, growth and survival of SMEs based on the choice of financing will be developed and an optimal structure of interventions clearly designed. Hypotheses on SME financing and the effectiveness of government interventions will also be formulated and tested with the help of data analysis using STATA. The findings of the study will be helpful for government, developmental organizations, and existing and start-up SMEs in solving the current gaps that exist in the financing of SMEs in Ghana.

Supervisor: Prof. Dr. Matthias Busse


Vita


2013 - present:   Ruhr University Bochum
PhD Student, International Development Studies
2009 - 2011:   Coburg University of Applied Sciences
Master of Business Administration in Financial Management
Thesis Title: Restarting Asset-Backed Securities and Current Developments in the Securitization of Financial Markets: The Case of the European Market
2010 - 2011:   Intern – Aftersales Finance
Adam Opel GmbH, Rüsselsheim
2003 - 2006:   Catholic University College of Ghana
Bachelor of Science in Economics and Business Administration
Thesis Title: The Effects of Small Scale Gold Mining on the Living Conditions of the People of Damongo