摘要：The current international economic turbulences represent one of the most destructive economic crises in the last one century, perhaps with more devastating effects than ever before. The overall international economic system, almost all individual national economies and especially the vulnerable transition economies of South East Europe are affected. It is understandable that small and medium enterprises are particularly affected by market turbulences and that their position is clearly unfavorable in the newly created world economic circumstances. Problems are reflected in reduced demand, difficult access to export markets and particularly capital markets which are reserved for the recovery of those economies which caused the current economic crisis.
关键词：Global economic crisis; small and medium enterprises; protectionism; competitiveness
