SUPPORT FOR SMALL AND MEDIUM BUSINESS IN THE NETHERLANDS

Halyna Zabchuk, Romana Zavadska

Abstract


Introduction. The Netherlands is the world's leading economic power. This fact is expressed in gross domestic product, “Doing business” indicators, competitiveness ratings. With a high market economy, the lion's share of which is occupied by small and medium enterprises. Institutions operating within the general monetary mechanism are played one of the most important roles. With this in mind, it should be noted that Standard & Poor's credit rating service has given the Netherlands the highest level on its scale – “AAA”. All this is the reason for studying the support system of small and medium-sized businesses in this country, including financing and refinancing. Methods. The following general and special methods are used to achieve this goal: induction and deduction to draw conclusions about the state of development of small and medium-sized businesses in the Netherlands; logical for consistent generalization of theoretical and practical provisions; methods of statistical analysis for the analysis of basic indicators of small and medium business in the Netherlands; methods of synthesis and systematization in the formation of proposals to increase the development of small and medium-sized businesses in Ukraine. Results. The article examines the role of small and medium business in economic development, support for small and medium business in the Netherlands. The main factors influencing the development of small and medium-sized businesses in the Netherlands are revealed, as well as the main principles that guide the government's authorized structures in matters of small and medium-sized business support policy. The conditions of banking institutions in the framework of real sector financing and support of the Central Bank are analysed. Discussion. The development of an integrated approach to the support of the real sector according to European models is substantiated. Incentives for the development of the real sector in Ukraine are proposed.

Keywords


policy of small and medium enterprises development; crediting; economics of regulation; types of credit,; real sector

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References


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DOI: https://doi.org/10.35774/ibo2020.03.054

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"Scientific Club "SOPHUS"
West Ukrainian National University
Higher Education Institution "Podillia State University"