WHY SMALL FIRMS STAY SMALL The Effects of Risk on Nairobi's Small-scale Manufacturers by Dorothy McCormick Senior Research Fellow INSTITUTE FOR DEVELOPMENT STUDIES UNIVERSITY OF NAIROBI P.O. Box 30197 Nairobi, KENYA [FAX: 254-2-222036] December 1992 The views expressed in this paper are those of the author. They should not be interpreted as reflecting the views of the Institute for Development Studies or the University of Nairobi.