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.1 Introduction The last financial crisis started in the United States in 2007 with the asubprime crisisa and then quickly propagated to the ... of expectations led to the initial real effects (decrease in production, income, consumption and investment, and a fall in international trade). ... 2 The labour market impact of past financial crises A first point to be considered relates to the definition of afinancial crisesa.
|Title||:||The Consequences of the International Crisis for European SMEs|
|Author||:||Bruno Dallago, Chiara Guglielmetti, Michele Rondinelli|
|Publisher||:||Routledge - 2012|