EuVECA and Mesoeconomics: Difference between pages

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''EU''
A relative neologism, it considers institutional aspects of the economy not captured in the more usual micro- and macro-economy analyses.


European Venture Capital Fund (EuVECA) - such funds being the subject of the [http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2013:115:0001:0017:EN:PDF European Union Regulation 345/2013].
It would include, for example, industry-level studies.


The regime is optionally available to fund managers in the [[European Economic Area]] (EEA) that fall below the €500m threshold of the Alternative Investment Fund Managers Directive ([[AIFMD]]). It gives a passport for raising capital across the EEA by marketing to qualified investors and subject to registration, observance of certain rules for investment and observation of regulatory requirements. Investment has to be primarily in [[Small and Medium-sized Enterprises]] (SMEs). Borrowing (leverage) by the fund is not generally allowed.
It also considers the linkages, formal or informal, between agents - whether persons or social constructs (family, tribes, partnerships, markets, civil or social institutions, etc.). It also looks at agents, for example banks or financial institutions that may otherwise be assumed and disregarded but have actual agency themselves.


EuVECA is distinguished from a European Social Enterprise Fund ([[EuSEF]]) mostly by its investments which are not required to have the primary objective of achieving measurable, positive social impacts.
In this way it may help consideration of how theories developed for the micro level may influences the macro levels of the economy.


A fund that grows beyond the €500m limit must gain authorisation under the AIFMD - subject to which it may continue to use the EuVECA designation if it meets the other EuVECA requirements.
Sometimes written as meso-economics.




==See also==
The ''meso'' part of the term means a level in between micro- and macro-economics.
*[[Social impact bond]]
*[[Venture capital]]


[[Category:Investment]]
 
== See also ==
* [[Economics]]
* [[Macroeconomics]]
* [[Microeconomics]]
* [[Metaeconomics]]
 
[[Category:Financial_management]]
[[Category:The_business_context]]

Revision as of 09:19, 7 April 2015

A relative neologism, it considers institutional aspects of the economy not captured in the more usual micro- and macro-economy analyses.

It would include, for example, industry-level studies.

It also considers the linkages, formal or informal, between agents - whether persons or social constructs (family, tribes, partnerships, markets, civil or social institutions, etc.). It also looks at agents, for example banks or financial institutions that may otherwise be assumed and disregarded but have actual agency themselves.

In this way it may help consideration of how theories developed for the micro level may influences the macro levels of the economy.

Sometimes written as meso-economics.


The meso part of the term means a level in between micro- and macro-economics.


See also

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