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Support For Small And Medium-Sized Businesses In Ecuador And Russia: Comparative Analysis
[Поддержка Малого И Среднего Предпринимательства В Эквадоре И России: Сравнительный Анализ]

Author

Listed:
  • Cindy Gabriela Aguirre Pozo (Синди Габриэла Агирре Посо)

    (Peoples' Friendship University of Russia)

Abstract

This article presents the results of a study of support measures and state regulation of small business in Ecuador and the Russian Federation. The article provides a comparative analysis of the criteria for classifying economic entities as micro-enterprises, small and medium-sized companies, measures of state support for small businesses in these countries. The development of small business is the most important link in the economy of Russia and Ecuador; for this purpose, an effective system of its state regulation and support is needed. In Russia, in order to support small businesses, such tools as the issuance of preferential loans, the introduction of credit holidays, limits on commissions for acquiring, a moratorium on scheduled inspections, postponement of tax payments and reporting, reduction of administrative burden, subsidies for starting a business, and new measures to support the information technology sector. In Ecuador, on the other hand, a set of laws and agencies has been developed to plan, execute and control public policies related to business development in general and for small and medium-sized organizations. The state has also developed special economic measures, including the creation of an entrepreneurship platform, a unified craft register, a unified register of small and medium-sized business entities, a national register of entrepreneurs, a portfolio of services for entrepreneurs and the Ecuador Entrepreneur virtual platform.

Suggested Citation

  • Cindy Gabriela Aguirre Pozo (Синди Габриэла Агирре Посо), 2022. "Support For Small And Medium-Sized Businesses In Ecuador And Russia: Comparative Analysis [Поддержка Малого И Среднего Предпринимательства В Эквадоре И России: Сравнительный Анализ]," State and Municipal Management Scholar Notes, Russian Presidential Academy of National Economy and Public Administration, vol. 4, pages 303-308.
  • Handle: RePEc:rnp:smmscn:s22443
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