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The Role of Financial Instruments and their Impact on the SME Sector


  • Dumitru NANCU

    () (Ovidius University of Constanta, Romania)


This paper deals with the role of the financial instruments and with their impact on the SME sector, in connection to the Cohesion Policy 2014-2020 and the objectives of Europe 2020 Strategy. For this purpose, the first part of the work presents several general considerations on the financial instruments, while the second part analyzes the main types of financial instruments, with a focus on their importance and role in the SME sector.

Suggested Citation

  • Dumitru NANCU, 2017. "The Role of Financial Instruments and their Impact on the SME Sector," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 18(1), pages 83-91, March.
  • Handle: RePEc:rom:rmcimn:v:18:y:2017:i:1:p:83-91

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    References listed on IDEAS

    1. ., 2016. "Monetary integration in Europe," Chapters,in: The International Monetary System and the Theory of Monetary Systems, chapter 23, pages 228-244 Edward Elgar Publishing.
    2. ., 2016. "Comparisons with other European Capitals of Culture," Chapters,in: Urban Strategies for Culture-Driven Growth, chapter 8, pages 135-158 Edward Elgar Publishing.
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    More about this item


    financial instruments; SME; Cohesion Policy; Europe 2020 Strategy.;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General


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