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Developments And Trends In The Sme Sector In Romania And Several European Union Member States

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  • MIHAILA, Nicoleta

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

Small and medium enterprises have been standing for many years in the top of European policies, being considered a key factor for growth, employment and economic competitiveness. Our paper provides an overview of the SME sector developments in the European Union, in relation to the European economy, highlighting the disparities in performance between EU countries and sectors of economic activity. There are also analyzed the most important developments and changes in the SME sector in Romania, after eight years of the integration on the single European market, focusing on the performance recovery capacity affected by the global crisis, compared to the overall situation or other countries States within UE28.

Suggested Citation

  • MIHAILA, Nicoleta, 2016. "Developments And Trends In The Sme Sector In Romania And Several European Union Member States," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 3(1), pages 150-155, October.
    • Handle: RePEc:vls:rojfme:v:3:y:2016:i:1:p:150-155
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    More about this item

    Keywords

    SME; employment; value added; EU member states;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • G01 - Financial Economics - - General - - - Financial Crises
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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