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Is investment constrained more by insecure property rights or by limited external finance? For five transition economies in Eastern Europe and the former Soviet Union we find that weak property rights limit the reinvestment of profits in startup manufacturing firms. Access to credit does not...
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and Ukraine than in Poland, Slovakia and Romania. A comparison of cross-country averages shows that managers in Russia and …Our survey of private manufacturing firms finds the size of hidden 'unofficial' activity to be much larger in Russia … Ukraine face higher effective tax rates, worse bureaucratic corruption, greater incidence of mafia protection, and have less …
Persistent link: https://www.econbiz.de/10014036203
and Ukraine than in Poland, Slovakia and Romania. A comparison of cross-country averages shows that managers in Russia and …Our survey of private manufacturing firms finds the size of hidden "unofficial" activity to be much larger in Russia … Ukraine face higher effective tax rates, worse bureaucratic corruption, greater incidence of mafia protection, and have less …
Persistent link: https://www.econbiz.de/10014042562