Government early policy responses on covid-19 challenges in central and eastern europe: SME support

• Autorzy: Kornyliuk Anna , Ivashchenko Alla , Polishchuk Yevheniia , Tereshchenko Oleg , Onikiienko Serhii

Identyfikatory

DOI

10.32933/ActaInnovations.42.4

• Języki publikacji: EN

Abstrakty

EN

The main aim of the given research is to analyse Government policy early response due to the Covid-19 crisis in Central and Eastern Europe regarding SME support. The research methodology is based on an analysis of the pandemic impact on key indicators of countries development as well as an analysis of SME support policies responses by selected countries (Bulgaria, Czech Republic, Hungary, Poland, Romania, Slovenia and Ukraine). The dynamic trends of Covid-19 spread and its impact on macroeconomic indicators were analysed. The negative growth of GDP, as well as current account balance and increasing gross debt burden, were explored in all analysed countries and the policy responses were the required measures to avoid possible economic collapse. Implemented measures were mainly directed to achieve economic recovery and capturing stability, but the main focus of the research is to analyse the support policies according to the criterion of enterprise size, SME in particular. The study is based on country-level data as well as on individual State Aid cases of each analysed CEE country. It allowed to evaluate policy response mechanisms in terms of measures regarding enterprise size. Although SMEs suffered the most during the crisis, CEE countries spent most of their resources on supporting companies, regardless of their size.

Słowa kluczowe

EN

SME; COVID-19; government support; public finance

PL

MŚP; COVID-19; wsparcie rządowe; finanse publiczne

• Wydawca: Centrum Badań i Innowacji Pro-Akademia ; Ukrainian Academy of Sciences - Research and Development Centre for Industrial Problems of Development
• Czasopismo: Acta Innovations
• Rocznik: 2022
• Tom: no. 42
• Strony: 50--58
• Opis fizyczny: Bibliogr. 29 poz.

Twórcy

autor

Kornyliuk Anna

• Kyiv National Economic University named after Vadym Hetman, 54/1 Peremogy Avenue, 03057 Kyiv, Ukraine

• https://orcid.org/0000-0001-8713-0681

autor

Ivashchenko Alla

• Kyiv National Economic University named after Vadym Hetman, 54/1 Peremogy Avenue, 03057 Kyiv, Ukraine

• https://orcid.org/0000-0002-4599-7137

autor

Polishchuk Yevheniia

• Kyiv National Economic University named after Vadym Hetman, 54/1 Peremogy Avenue, 03057 Kyiv, Ukraine

• https://orcid.org/0000-0002-6133-910X

autor

Tereshchenko Oleg

• Kyiv National Economic University named after Vadym Hetman, 54/1 Peremogy Avenue, 03057 Kyiv, Ukraine

• https://orcid.org/0000-0001-8808-1383

autor

Onikiienko Serhii

• Kyiv National Economic University named after Vadym Hetman, 54/1 Peremogy Avenue, 03057 Kyiv, Ukraine

• https://orcid.org/0000-0002-3450-6267

Bibliografia

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Uwagi

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).