DEVELOPMENTS AND TRENDS IN THE SME SECTOR IN ROMANIA AND SEVERAL EUROPEAN UNION MEMBER STATES

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

Journal of Financial and Monetary Economics, 2016, vol. 3, issue 1, 150-155

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.

Keywords: SME; employment; value added; EU member states (search for similar items in EconPapers)
JEL-codes: D24 G01 G38 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:3:y:2016:i:1:p:150-155

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