Theoretical and Applied Economics
No. 1 / 2014 (590)
The role of small and medium enterprises in improving employment and in the post-crisis resumption of economic growth in Romania
Bucharest University of Economic Studies
Daniela Livia TRAŞCĂ
Bucharest University of Economic Studies
Andreea Claudia ŞERBAN
Bucharest University of Economic Studies
Abstract. In the European Union, the Europe 2020 strategy seeks to obtain a smart, sustainable and inclusive economic growth that ensures high levels of employment, productivity and social cohesion. On the other hand, Europe 2020 strategy also supports the overcoming of the current economic crisis, which has caused and continues to cause effects in various sectors of the economy. In this context, the system of companies represents the "heart" of this strategy of growth of the European economy. Encouraging the SME sector is an important concern at European Union level, considering that SMEs are key drivers for economic recovery. The paper focuses on SMEs because at European Union level they accounted for 99.8% of total non-financial businesses. The crisis has highlighted the vulnerability of these enterprises, and of all the problems facing this system, we will focus on the one that targets the impact of the crisis on the active population of SMEs in Romania, compared with the European Union.
Contents
Stochastic evolutionary cartel formation
Earnings analysis at industry level
Analysis of the correlation between the real estate loan stock and the average unit value of urban housing
Debt and economic growth: Is there any causal effect? An empirical analysis with structural breaks and Granger causality for Greece
Behavioral finance: biased individual investment decision making; like the company but dislike the investment
The role of community foundations in local development – Slovak experience
The role of small and medium enterprises in improving employment and in the post-crisis resumption of economic growth in Romania
The issue of competing currencies. Case study – Bitcoin
Test of the bank lending channel: The case of Hungary
The dimensions of the global financial crisis
Budgeting mechanisms in public administration – meeting today’s and tomorrow’s development challenges