The diversification of economic activities in rural areas is a topical issue and can be a fundamental strategy for the development of the Romanian rural area, because it can produce a beneficial effect from an economic point of view, by increasing the income of the rural population.The Romanian...

In this paper we analyze the decision of small and micro firms to formalize, i.e. to obtain business and other licenses in rural Indonesia. We use the rural investment climate survey (RICS) that consists of non-farm rural enterprises, most of them microenterprises, and analyze the effect of...