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Over the past decade or so, there has been widespread recognition that a large and growing proportion of the global workforce is employed in informal sector enterprises. To explain this, neo-liberals contend that enterprises operate in the informal sector due to high taxes, public sector...
Persistent link: https://www.econbiz.de/10014130746
This article provides a critical evaluation of the competing discourses that variously represent the informal economy as a residue or leftover of some pre-capitalist era, a by-product of a new type of emergent formal economy, an alternative mode of work organization or a complement to the formal...
Persistent link: https://www.econbiz.de/10014130755
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The explosion of informal entrepreneurial activity during Mongolia's transition to a market economy represents one of … Mongolia's informal sector during the transition, the author merges anecdotal experience from qualitative interviews with hard … activity in Mongolia, estimates that are surprisingly consistent with each other. He evaluates four types of reasons for the …
Persistent link: https://www.econbiz.de/10012947910
economy in those countries. In the case of Mongolia, not only non-viable enterprises closed down, but many possibly viable … into the development of TFP in Mongolia. Simulations are performed to see what happens with TFP if not the le! ast … Productivity of Mongolia was tested not only for errors in all estimated values but also for measurement errors in the data. It was …
Persistent link: https://www.econbiz.de/10011346474
, Georgia, Kazakhstan, and Mongolia. Using a probit model, we studied how different factors, including firm characteristics and …
Persistent link: https://www.econbiz.de/10012800706
Mongolia. Using a probit model, we studied how different factors, including firm characteristics and government policy …
Persistent link: https://www.econbiz.de/10014030063
The Russian Economy has evolved into a hybrid form, a partially monetized quasi-market system that has been called the virtual economy. In the virtual economy, barter and non-monetary transactions play a key role in transferring value from productive activities to the loss-making sectors of the...
Persistent link: https://www.econbiz.de/10014154709
In the aftermath of sovereign default of August 1998, the hypothesis of virtual economy in Russia developed by Gaddy and Ickes has gained popularity. The hypothesis states that the country has not moved towards free-market economy but developed a system of implicit price subsidization similar to...
Persistent link: https://www.econbiz.de/10014118904