Small and Medium Enterprises and the Microeconomic Role
Small and Medium Enterprises and the Microeconomic Role

Author(s): Delia Rosu
Subject(s): Social Sciences, Economy
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Finance increasing; SMEs growth; Microeconomics
Summary/Abstract: Even if a lot of the businesses depend on authorities (infrastructure, national promotion, etc.) solving the problems is still a microeconomic task. Small and Medium Enterprises (SMEs) have always been recognized as the driver of a critical sector of the economy and the SMEs will continue to remain as the backbone of several countries’ economic development throughout the world. Due to the economic and social importance of the small and medium-sized enterprises (SMEs) for the economy, compared to large businesses, they are supposed to be more vulnerable, riskier, and so it is more difficult to obtain external sources of finance for them. The article aims to evaluate SMEs finance from the perspective of selected domestic and foreign initiatives, as well as to propose the measures for the im¬provement of SME finance.

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