Krzywulicz, Krzysztof (2019) Netherlands. Bachelor, PPE.
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Abstract
In 2008 Europe experienced the hardest recession since the Great Crisis of the ’20s. In the southern part, it triggered long-lasting stagnation, but new eastern EU-member states turned out to be resilient. After the first shock, Eastern Europe recovered quickly to pre-crisis growth rates. This research focuses on the role played by Small and Medium-sized Enterprises. The literature suggests they behave countercyclically. It will be assessed whether the high share of SMEs in the industrial structure had a significantly big influence on economic performance during crisis 2007-2013 in countries of Central and Eastern Europe. The individual analysis of regions combined with statistical data supports the view that small firms play a positive role, yet it is greatly dependent on other factors such as access to big markets or agglomeration. The overall economic performance does not seem to be strictly dependent on levels of SMEs share in Gross Value Added, suggesting a different explanation.
| Type: | Thesis (Bachelor) |
|---|---|
| Major: | PPE |
| Supervisor: | Rol, M.E.G.M. |
| Datum van aanlevering: | 30 Sep 2019 |
| Last modified: | 09 Jul 2020 14:27 |
| URI: | http://ucg.studenttheses.ub.rug.nl/id/eprint/34 |
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