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Economic Crisis Impact On Small And Medium Enterprises In The Republic Of Moldova And The Efficiency Of Managerial Methods

Author

Listed:
  • Lilia TARANENCO

    (INCE)

Abstract

Official statistics emphasize the importance of SMEs and their contribution to the development of the national economy. Even if they possess a high degree of flexibility, unfavourable external environment factors have a negative impact on small and medium business development in the Republic of Moldova. The global economic recession, political instability and legislative fierce competition are just some of the factors that aggravate the financial situation of SMEs and even lead them to bankruptcy.

Suggested Citation

  • Lilia TARANENCO, 2013. "Economic Crisis Impact On Small And Medium Enterprises In The Republic Of Moldova And The Efficiency Of Managerial Methods," ECONOMY AND SOCIOLOGY: Theoretical and Scientifical Journal, Socionet;Complexul Editorial "INCE", issue 2, pages 179-189.
    • Handle: RePEc:nos:ycriat:44
    as

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    File URL: ftp://ince.md/Economie%20si%20Sociologie%20nr_2-2013/22.Lilia%20Taranenco/22.%20Lilia%20Taranenco_179-189.pdf
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    More about this item

    Keywords

    economic crisis; small and medium enterprises; management methods; statistical data;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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