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Bureaucracy vs. efficiency: how does bureaucracy impact the access to European funds - defining the real impact of Eu funds on firms
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In the existing literature, Bureaucracy is often characterized as a hindrance to economic activity and business dynamism. Hence, this Policy Analysis Project seeks to illustrate the impact of Bureaucracy on Portuguese SMEs in the context of European funds, an essential instrument for the country’s economy. An evaluation of the funds’ effect is also presented to motivate the assignment, with favorable results. Lastly, the group proposes a series of policy recommendations to mitigate Portuguese companies’ bureaucratic constraints based on our findings and research. The ultimate goal is to lower the current burden on SMEs.
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Regulation Impact measurement Smes Funding Efficiency Public administration Firms performance Bureaucracy