The role of crediting small- and medium-sized enterprises in facilitating sustainable economic development and improving quality of life
Journal: E3S Web of Conferences
Year: 2020

The article highlights the role of small- and medium-sized enterprises in social and economic development. It is mainly focused on assessing mechanisms and methods of direct and indirect credit backing given to small- and medium-sized businesses; the backing is given by the banking sector and government agencies. Comparing the performance of Russian and foreign small- and medium-sized enterprises, it becomes obvious that Russia falls behind the leaders and lacks favourable environment. The artic