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This book describes proactive local strategies adopted by a local
authority in Ghana to transform its oil palm chain to turn around
the fortunes of the local economy and injected dynamism to
stimulate local economic development. The study reveals that
meso-institutions such as sector-based and territorial ones were
catalysts for the growth and development of SMEs. However, the use
of sector-based institutions such as business associations to reach
the SMEs led to the exclusion of a greater number of SMEs. It
confirms that improved business environment; access to credit, BDS
and membership of business associations correlate with higher
productivity and strong enterprise performance. Micro-level
enterprise strategies and meso-level interventions were not
sufficient to transform SMEs. It stresses influences from the
broader regulatory environment for the transformation of SMEs and
even proper functioning of meso-institutions. It has been confirmed
that the development of less endowed localities depends on their
development potential and accessibility to markets. The study finds
that these drivers govern the economic growth and development
process and generate externalities
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