@article{Bácsi:201814,
      recid = {201814},
      author = {Bácsi, Judit and Herczeg, István},
      title = {Local Currency as a Tool of Risk Management in the Small  and Medium Enterprises Sector},
      journal = {Roczniki (Annals)},
      address = {2014},
      number = {1230-2016-99372},
      year = {2014},
      abstract = {The SME sector plays a significant role in every  countries’ economy. The European Union also realized
its  importance and hence tries to create such fiscal rules and  administrative environment which enhances
business activity  and the level of entrepreneurs. At the same time the  majority of enterprises faces emerging
difficulties.  Companies aiming to survive in the long run have to realize  and continuously monitor the inside
and outside environment  which affects them. It is inevitable to use the tools of  risk and change management
which cannot be overlooked in  today’s economic environment. Last decades local currencies  have appeared in
order to reduce liquidity risks and its  emergence is continuous and becoming more and more  successful. The
aim of the article is to introduce the  difficulties of the Hungarian SME sector and shortly  discuss the opportunities
of local currency as a risk  management tool which can positively affect the prosperity  of the SME sector.},
      url = {http://ageconsearch.umn.edu/record/201814},
      doi = {https://doi.org/10.22004/ag.econ.201814},
}