EDN: SRUQGC
Small business in conditions of instability and economic recession
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JATS‑XML (OAI)In modern conditions of economic development, small business is one of the main elements of the market economy. It has the potential to revitalize the economy while having a significant impact on the formation of the middle class, which constitutes a significant proportion of the economically active population in advanced economies.
The article is devoted to the topical issue of the current state of small business in the conditions of instability and economic recession. The institutional environment of small and medium-sized enterprises is considered, its weaknesses and strengths are revealed. The analysis of the main indicators of small and medium-sized businesses in our country in the dynamics over the past four years.
The relevance of the study is mediated by the importance of small and medium-sized businesses, which is able to stabilize the economic and social situation, as it does not need special intervention (regulation) by the state and at the same time quite effectively solves many practical problems and problems, using only its own resources and opportunities: employment and growth of its income, production of products and services necessary for the consumer to meet the most important needs.
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