The promotion of small and medium enterprises (SMEs) is an effective policy measure to facilitate the functioning of markets by increasing the number of market participants. Moreover, the increase in the market participants expands the sources of tax to increase tax revenue. The majority of recipient countries with aid dependency experience difficulty achieving self-sustaining growth and development due to the shortage of revenue. Therefore, the expansion of sources of tax through the development of SMEs is a necessary condition in order for developing countries to move toward a better future. Thus, the nurturing of SMEs is important for developing countries.
The purpose of this study is to analyze the roles of Korea in the promotion of SMEs in Ethiopia as a means of development cooperation. SMEs in Ethiopia are experiencing the following barriers: low infrastructure, business-related policies and regulations, constraints to access credit, and the lack of government-led technical supports. We show that those constraints are linked and affect each other.
To remove those interlocking constraints hindering the development of SMEs, this study presents two policy suggestions. The first is the use of micro-finance. The constraint to access credit causes the lack of capital to block the accumulation of human capital and technology so that the SMEs cannot grow. Korea can provide ODA to the micro-finance institutes as a form of public-private partnership (PPP) projects to support the development of SMEs in Ethiopia.
Since most micro-finance institutions (MFIs) are owned by a local or central government, The Korean government can provide a provincial or central government with either a grant or credit assistance to improve the financial status of MFIs. They provide financial services to SMEs. Private partners of Korean government also donate expertise and technology to MFIs. Since MFIs provide small businesses with non-financial services such as management counseling or technology, private partners in Korea and small businesses in Ethiopia are naturally co-operated under these structures. This support program increases the likelihood that SMEs in Ethiopia buy raw materials or equipment from firms who transfer technology to them. By doing so, this program can work as a strategic expansion plan for Korean SMEs.
The second policy suggestion is to provide a comprehensive aid program. Before establishing the program, Korea must join the Development Assistance Group (DAG) in Ethiopia. Korea has to avoid making the decision that Korea alone will support the project the recipient country requests. Instead, Korea in consultation with major donor countries should select proper projects. Through this consultation process, we can clearly identify effective aid areas and achieve the harmonization of aid. First, each donor country proposes projects in the sectors of comparative advantage. Combining the proposed projects in consultation with other donors establishes a comprehensive program. This program could provide a means to untangle the tangled constraints. That is to say, interlocked constraints could be overcome through this program.

국문요약 

제1장 서 론 
1. 연구 배경 및 목적 
2. 선행연구와의 차별성 
3. 연구 방법 및 구성 

제2장 개발도상국 중소기업의 역할과 발전 제약요인 
1. 개발도상국에서 중소기업의 정의 및 특징 
가. 중소기업의 정의 
나. 중소기업의 특징 
2. 중소기업의 중요성과 역할 
가. 개발도상국에서 중소기업의 중요성  
나. 중소기업의 기능 
3. 중소기업 발전의 제약요인 
가. 기술역량의 부족 
나. 기술지원의 결여 
다. 금융 접근성의 제약 
라. 낮은 사회기반시설 보급률 
마. 기타 장애요인 
4. 소결 및 시사점 

제3장 에티오피아의 국가개발전략과 중소기업 발전과제  
1. 에티오피아의 국가개발전략  
가. 에티오피아의 국가개발전략 
나. 국가개발전략과 중소기업 육성정책  
2. 에티오피아 경제 현황과 경제개발의 성과 
가. 에티오피아 경제 현황 
나. 경제개발의 성과 
3. 에티오피아 소규모 기업 현황 및 관련 정책 
가. 일반 현황 
나. 소규모 제조업 기업 현황 
다. 에티오피아 산업정책의 소상공인 및 소기업 지원 
라. 에티오피아 소규모 기업의 발전과제  

제4장 에티오피아 중소기업 개발과제와 협력방안 
1. 에티오피아 중소기업 개발지원 현황과 개발과제 
가. 주요 공여국 및 한국의 아프리카 중소기업 개발지원 현황  
나. 주요 공여국 및 한국의 에티오피아 중소기업 개발지원 현황 및 과제 
2. 에티오피아 중소기업 개발지원 활성화를 위한 협력방안  
가. 소액금융(micro-finance) 활용  
나. 부문별 정책지원 프로그램 원조 활성화: 소규모 기업부문  

제5장 결론 및 시사점 

참고문헌 

부록: 주요 공여국의 에티오피아 소규모 기업 육성 활동사례 

Executive Summary