SMEs between Truth and the Political Approach. The Future of the SMEs in Romania
The paper deals with the idea that is it a great difference between the European approach for the SMEs and the Romanian one. The analysis of the paper is based on comparisons between EU27 as a whole and Romania and other representative Member States and Romania. This analysis is focused on the finding those ways of action in order to support the development of the SMEs in Romania and in the EU. A distinct part of the paper analyses the impact of the global crisis on the SMEs in different Member States and in Romania. This crisis supports the idea that the SMEs represent the growth engines of the EU economy, but the national legislation is far away to be able to promote their development. An interesting part of the paper is connected to the EU promises made in the last years with the revised Small Business Act and the EU 2020 Strategy connected to it. Starting October 2011, a plan for the SMEs' access to finance involves the introduction of a long-touted initiative to facilitate the venture capital for the SMEs across the Europe. The main conclusion of the analysis is that the exit of the Romanian SME sector from crisis has to be based on political stability, reducing taxation, state aid and accessing support from the EU funds. The analysis in the paper is followed by the latest pertinent official statistical data and diagrams.
Volume (Year): (2011)
Issue (Month): 5(30) (December)
|Contact details of provider:|| Web page: http://www.euroeconomica-danubius.ro/|
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andreas Dietrich, 2012. "Explaining loan rate differentials between small and large companies: evidence from Switzerland," Small Business Economics, Springer, vol. 38(4), pages 481-494, May.
- Beck, Thorsten & Demirgüç-Kunt, Asli & Maksimovic, Vojislav, 2008.
"Financing patterns around the world: Are small firms different?,"
Journal of Financial Economics,
Elsevier, vol. 89(3), pages 467-487, September.
- Beck, T.H.L. & Demirgüc-Kunt, A. & Maksimovic, V., 2008. "Financing patterns around the world : Are small firms different?," Other publications TiSEM 7078f1cc-51a6-4556-b193-d, Tilburg University, School of Economics and Management.
When requesting a correction, please mention this item's handle: RePEc:dug:journl:y:2011:i:5:p:111-118. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Florian Nuta)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.