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- W11226759 abstract "Totaling EUR 29 billion, Hungary is in the midst of implementing its largest economic development program in its young democratic history. At the centerof the European Union led development program is an effort to revitalize andreequip Hungary’s languishing small and medium sized enterprises (SME), long the country's heart of employment. This paper examines the efficiencyand impact of two Structural Fund's instruments to enhance SME development– ECOP 2.1.1 and JEREMIE. A survey of 1275 SME and interviews with dozens of top policy-makers paint a flawed development program in dire need of reform. Despite this, empirical analysis suggests JEREMIE funds may have dampened the effects of the financial crisis and are crucial for the continuedliquidity of SME, who have been particularly hit hard by the world financial crisis." @default.
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- W11226759 date "2010-01-01" @default.
- W11226759 modified "2023-09-23" @default.
- W11226759 title "Out of credit: Evaluating the impact of the EU structural funds on Hungarian small business growth and access to finance" @default.
- W11226759 hasPublicationYear "2010" @default.
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