Titlebook: Barriers to Entry and Growth of New Firms in Early Transition; A Comparative Study Iraj Hoshi,Ewa Balcerowicz,Leszek Balcerowicz (Pre Book

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978-1-4613-4851-1Springer Science+Business Media New York 2003

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y stages of transition, the volume of entries and exits will be, by necessity, very high ­ reflecting the large scale changes that had to take place before these economies attain a macroeconomic structure consistent with their level of development and with the needs of a market-based economy open to

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https://doi.org/10.1007/978-3-030-20748-9ig business. Small investors usually do not provide long, complicated stories to capture the attention of economists or sociologists. Still, small investments play an important role in the overall FDI in transition economies. Their weight is important not only numerically, but also in terms of their economic performance.

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Barriers to Entry and their Impact on Private Sector Growth in Poland,on people self-employed and employed in private farms Poland was unique amongst countries embarking on the road from a “planned” to a market economy. Outside agriculture, a further 1.8 million people worked in private companies, constituting 13.3% of employment in non-agricultural enterprises.

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Investment and Finance in , Private Firms: Empirical Results from the Czech Republic, Hungary and Pedit, small and medium-sized borrowers are often denied loans in favour of better quality borrowers”. More specifically for transition countries, banks were supposed to prefer lending to the existing state-owned enterprises which had political leverage and with which they had developed long-term relationships before the transition.

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Steady Conduction in One Dimension,e first three having reached an advanced stage of transition and the latter two having embarked on the transition process later thus lagging behind the front-runners. The study focuses on the legal, fiscal, institutional and financial factors that impede new firm entries and slow down the expansion of newly established firms in each country.

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