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  • COMPANY LAW REFORM IN ARGENTINA TO FOSTER SMALL AND MEDIUM-SIZED
    BUSINESS INITIATIVE AND FISCAL SUPPORT MEASURES

  • AA.VV
  • DYKINSON
  • 2009
  • 01 ed.

  • ISBN: 978-84-9849-719-9
  • EAN: 9788498497199

  • 126 páginas
  • RUSTICA

  • TEMA: ECONOMIA


  • No disponible.
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COMENTARIO BIBLIOGRÁFICO


The small size of companies and the consequent level of fragmentation
are the principle characteristics of the business world in the
Republic of Argentina. The essence of Argentina´s economy and business
is, in this sense, comparable to other countries. The European
Council, at the end of 1997, made this declaration: "more than 99.8%
of the 17.9 millon companies in the European Union are SMEs". As time
goes by this declaration has lost neither strength nor vigour. The
importance of SMEs, apart from their high number, lies in their
participation in macroeconomic variables such as the Gross Domestic
Product, sales, imports and exports or employment. In reference to
this last point, it is of interest to highlight the fact that small
and medium-sized companies have been by far and away the greatest
generators of employment in recent years. They were responsible for
92.7% of jobs created in 2003 and 2004, compared to 7.3% created by
large companies, according to data from the Argentinian federation for
medium-sized companies (CAME)