The Consequences of the International Crisis for European SMEs

The Consequences of the International Crisis for European SMEs
Author: Bruno Dallago
Publisher: Routledge
Total Pages: 322
Release: 2012-12-07
Genre: Business & Economics
ISBN: 1136190503

The book explores how, to what extent and with what consequences the international crisis of 2007-2008 and the recession which followed have affected European SMEs (small and medium enterprises) in both the well established market economies of the old member countries and in the post-transformation new member countries, and what can be done at the institutional and political level to uphold them.

SME Funding

SME Funding
Author: Gianluca Oricchio
Publisher: Springer
Total Pages: 271
Release: 2016-12-15
Genre: Business & Economics
ISBN: 1137586087

This book explores current financing options for small and medium size enterprises (SMEs), with particular insight into the European market. The authors position SME funding within a risk-averse lending environment with high regulatory costs on business loans, which has arisen from the recent financial crisis and new European bank capital regulations. Chapters in the book demonstrate how and why SMEs may be forced to leave the market and posit that shadow banking and other alternative funding options are viable channels for raising funds. A new and innovative SME credit risk model is also presented. This book will appeal to all who share an interest in sustainable solutions to issues in SME financing.

OECD Economic Outlook, Volume 2020 Issue 1

OECD Economic Outlook, Volume 2020 Issue 1
Author: OECD
Publisher: OECD Publishing
Total Pages: 336
Release: 2020-06-10
Genre:
ISBN: 9264700617

The OECD Economic Outlook is the OECD's twice-yearly analysis of the major economic trends and prospects for the next two years. This issue includes a general assessment of the macroeconomic situation, a series of notes on the macroeconomic and structural policy issues related to the COVID-19 outbreak and a chapter summarising developments and providing projections for each individual country.

The European Observatory for SMEs

The European Observatory for SMEs
Author: European Observatory for SMEs
Publisher:
Total Pages: 444
Release: 2000
Genre: Arbejdsmarkedet
ISBN:

Against the background of completing the European Single Market is the observance and monitoring of small and medium-sized enterprises (SMEs). With about 20 million such businesses, employing some 117 million people, SMEs represent an economic lynchpin to the success of the Single Market concept. This 6th report, from the Observatory, and prepared by a consortium led by KPMG Consulting, focuses on the economic and financial needs of SMEs. Specific chapters look at their products and services, the recruitment and training of staff, particulary vocational training, and their access to investment. The report is concluded with the set of policy recommendations, which are aimed at strengthening the entrepreneurial culture. These recommendations include: to provide more information on public procurement to SMEs; to promote further resarch on the impact of electronic commerce on the position of SMEs.

Transforming Industrial Policy for the Digital Age

Transforming Industrial Policy for the Digital Age
Author: Patrizio Bianchi
Publisher: Edward Elgar Publishing
Total Pages: 249
Release: 2019
Genre: Business & Economics
ISBN: 1788976150

This book argues that digital globalization is inducing deep and productive transformations, making industrial policy necessary in order to reorientate development towards inclusive and more sustainable growth. The book also demonstrates that industrialization remains an important development process for emerging countries. Regarding the future of jobs, the authors show how the substitution of labour in automation is not inevitable since technology is also complementary to human capital. Policymakers should pay more attention to the new skills that will be required. A particular concern is is the rapid change in technology and business compared to institutions which take time to adapt. Territories have an important role to play in order to speed-up institutional adaptation, providing they can act coherently with the other levels of government.

Access to Bank Credit and SME Financing

Access to Bank Credit and SME Financing
Author: Stefania Rossi
Publisher: Springer
Total Pages: 352
Release: 2016-12-02
Genre: Business & Economics
ISBN: 3319413635

This book explores how the global financial and European sovereign debt crises have forced small-and-medium-sized businesses (SMEs) to reassess and adapt their funding strategies. At the heart of the matter is the worsening access to bank credit for such enterprises. Through this discussion we learn how crucial an understanding of SME-financing is to policy makers, in light of the fact that SMEs dominate the business landscape in Europe and are the main drivers of employment, growth and innovation in the European economy. Contributing chapters present expert analysis and investigate many topics including the problems faced by SMEs in accessing bank credit and the cost of funding and its determinants. Particular attention is also given to how credit-constrained enterprises may reformulate their funding strategies by employing alternative, non-bank, financial resources, and how regulators could support SMEs in broadening and improving their funding opportunities.

International Business in the Information and Digital Age

International Business in the Information and Digital Age
Author: Rob van Tulder
Publisher: Emerald Group Publishing
Total Pages: 441
Release: 2018-11-16
Genre: Business & Economics
ISBN: 1787563278

The information and digital age is shaped by a small number of multinational enterprises from a limited number of countries. This volume covers the latest insight from the International Business discipline on prevailing trends in business model evolution. It also discusses critical issues of regulation in the new information and digital space.

Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies

Corporate Liquidity and Solvency in Europe during COVID-19: The Role of Policies
Author: Mr.Christian H Ebeke
Publisher: International Monetary Fund
Total Pages: 48
Release: 2021-03-02
Genre: Business & Economics
ISBN: 1513570919

The spread of COVID-19, containment measures, and general uncertainty led to a sharp reduction in activity in the first half of 2020. Europe was hit particularly hard—the economic contraction in 2020 is estimated to have been among the largest in the world—with potentially severe repercussions on its nonfinancial corporations. A wave of corporate bankruptcies would generate mass unemployment, and a loss of productive capacity and firm-specific human capital. With many SMEs in Europe relying primarily on the banking sector for external finance, stress in the corporate sector could easily translate into pressures in the banking system (Aiyar et al., forthcoming).

The Consequences of the International Crisis for European SMEs

The Consequences of the International Crisis for European SMEs
Author: Bruno Dallago
Publisher: Routledge
Total Pages: 322
Release: 2012
Genre: Business & Economics
ISBN: 0415680859

The book explores how, to what extent and with what consequences the international crisis of 2007-2008 and the recession which followed have affected European SMEs (small and medium enterprises) in both the well established market economies of the old member countries and in the post-transformation new member countries, and what can be done at the institutional and political level to uphold them.

OECD SME and Entrepreneurship Outlook 2021

OECD SME and Entrepreneurship Outlook 2021
Author: OECD
Publisher: OECD Publishing
Total Pages: 294
Release: 2021-06-28
Genre:
ISBN: 9264579311

Small and medium-sized enterprises (SMEs) and entrepreneurs have been hit hard during the COVID-19 crisis. Policy responses were quick and unprecedented, helping cushion the blow and maintain most SMEs and entrepreneurs afloat. Despite the magnitude of the shock, available data so far point to sustained start-ups creation, no wave of bankruptcies, and an impulse to innovation in most OECD countries.