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Financial Crisis and Romanian SMEs – Threats and Challenges
Financial Crisis and Romanian SMEs – Threats and Challenges

Author(s): Nicolae Sichigea, Laura Vasilescu
Subject(s): National Economy, Micro-Economics, Economic development, Financial Markets
Published by: Editura Universitaria Craiova
Keywords: SMEs; crisis; economic development; financing;

Summary/Abstract: In the Romanian economy, the Small and Medium Enterprises (SME) sector brings the main contribution to the economic development and it is considered a dynamic and strategic field for the economic growth. Despite some positive trends registered by the Romanian SMEs in the last years, the radiography of this sector still reveals a series of vulnerabilities, a fragile stability, manifested differently in function of size, activity sector or region. In this paper are analyzed the main evolutions and recent trends regarding the Romanian SMEs, the effects generated by the financial crisis and the main measures taken in order to develop this sector.

  • Issue Year: 2016
  • Issue No: 27
  • Page Range: 115-126
  • Page Count: 12
  • Language: English
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