Theoretical and Applied Economics
No. 9 / 2011 (562)
German SMEs Affected by the World Crisis
Bucharest Academy of Economic Studies
Abstract. 2009 was one of the hardest years in the last decades for SMEs. The areas that had faced difficulties before the crisis felt sharply the negative effects, but those which had registered continuous progress until the crisis broke out have also been affected. 2010 was a year of reconsolidation, while the current year could mark off a progress for most SMEs, due to a very special evolution of the German economy as a whole (an economic growth of 3.6% in 2010, much more over analyst expectations, and a forecast of 2.8% for 2011). Regarding the establishment of SMEs in the crisis period, an unexpected development has paradoxically been noticed in Germany: the interest of individuals in establishing a business, declining in the last years, began to grow.
Keywords: economic crisis; economic evolution; Germany; Romania; SMEs; SMEs establishment, SMEs liquidation.
Contents
- Corporate Governance in Emerging Economies: The Case of Romania
Niculae FELEAGĂ
Liliana FELEAGĂ
Voicu Dan DRAGOMIR
Adrian Doru BIGIOI
- Banat-Crişana as Micro-destination –
Elements of Tourism Image and Tourism Identity
Aurelia-Felicia STĂNCIOIU
Nicolae TEODORESCU
Anca-Daniela VLĂDOI
Codruţa BĂLTESCU
Marilena STOIAN
- News in Competition Regulation in Romania.
Institutional Consolidation of the Competition Council
Cornelia LEFTER
Oana OPREA (TEODORESCU)
- Education and the Characteristics of Public Goods.
Overlaps and Differences
Tatiana MOŞTEANU
Georgiana Camelia CREŢAN
- The Remittance-GDP Relationship in the Liberalized
Regime of Bangladesh:
Cointegration and Innovation Accounting
Biru Paksha PAUL
Anupam DAS
- Limiting Civil Liability in the Sphere of Business Auditing
Carmen COSTULEANU
Ionel BOSTAN
Emil HOROMNEA
Marcel COSTULEANU
Carmen CODREANU
- Enhancement of Cooperation and Communication
between Universities and the Business Environment,
Requirement for a Good Functioning of the Knowledge
Triangle: Education, Research, Innovation
Laura DINDIRE
Mihaela ASANDEI
Cristina GĂNESCU
- Predicting Bankruptcy in Pakistan
Abdul RASHID
Qaiser ABBAS
- Analysis of the Correlation between GDP
and the Final Consumption
Constantin ANGHELACHE
- German SMEs Affected by the World Crisis
Roxana Gabriela HODOROGEL
- Contributions to the Legislative Provisions Governing
the Management of Waste Containing Asbestos
in Romania and EU
Silvian IONESCU
- Socio-economic Models
During the Period of Crisis
Elena MANOLESCU