haku: @indexterm France / yhteensä: 3968
viite: 241 / 3968
| Tekijä: | Cieply, S. |
| Otsikko: | The radical change of French firms' financial characteristics: macroeconomic consequences and lessons for political economics |
| Lehti: | Jahrbücher für Nationalökonomie und Statistik
2001 : OCT, VOL. 221:5-6, p. 556-576 |
| Asiasana: | Small and medium-sized enterprises (SMEs) Financial analysis Structural change France |
| Kieli: | eng |
| Tiivistelmä: | Until the eighties the French financial system was a State credit based system. The system was overhauled in the mid eighties under the pressure of French budget deficits in the context of the European Integration process. The more visible consequence of reforms was the tranformation of French firms' financial structure and their relationships with banks. This article deals with this transformation. It elaborates on its consequences from a macroeconomic point of view and justifies new initiatives taken in France to promote the financing of small and medium sized enterprises. |
SCIMA