EVOLUTION AND DEVELOPMENT STRATEGIES REGARDING SME SECTOR IN ROMANIA AND THE REPUBLIC OF MOLDOVA

• Main Authors: Gabriela BOLDUREANU, Teodor PADURARU, Daniel BOLDUREANU
• Format: Article
• Language: English
• Published: National Institute for Economic Research 2016-01-01
• Series: Economy and Sociology
• Subjects: development strategies; the SME sectors of activity; economic performance.
• Online Access: http://ince.md/uploads/files/1467730284_9.boldureanu_71-77.pdf

The small and medium enterprises (SMEs) are at the top of European strategies and policies, a key factor for growth, employment and economic performance. The economic and financial crisis of 2008 has affected the SME sector in Romania and the Republic of Moldova, whose development was different from that of most European countries. Therefore, it requires a sustained effort to overcome these gaps and realistic development strategies of the SME sector in Romania and Moldova, proposed by the specialized agencies of the two countries. Following a process of critical analysis and interpretation of national and international databases, we investigated the small and medium enterprises sector in Romania and Moldova in order to identify solutions to support the SME sector in the two countries.