The effect of business regulatory standards on export trading by small enterprises: A comparative analysis of Africa and Uganda

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Date

2014-09

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Uganda Management Institute

Abstract

This article investigates the relationship between regulatory standards affecting export trade and the proportion of exporting SMEs with a focus on Africa and especially Uganda. The study is principally a global comparative analysis of business regulations and exporting SMEs with a focus on Uganda and the rest of Africa and employs a triangulation of quantitative research methodologies. The study results reveal that the number of export documents, time (days) and cost of export trading in Uganda and other African countries are relatively deterrent to export trading by a substantial fraction of SMEs. Hence, it is recommendable that Uganda and the rest of Africa implement persistent, diligent, deliberate, and competitive deregulation of export trading by reducing the number of export documents, time (days) and cost of exporting so as to enable more of their SMEs to engage in export trading. Such reforms will lead to sustainable growth of SMEs and economies.

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Keywords

Business Regulatory Standards, Small Enterprises and Export Trading

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