How entrepreneurship could be promoted after the collapse of a socialist economic system
AbstractThe purpose of this paper is to provide empirical observations from postcommunist countries to suggest which policy sets applied make most sense for the promotion of micro-enterprises. Three overall conclusions can be drawn. First, an early, comprehensive and radical reform is the superior approach for the promotion of entrepreneurship, because the prevalence of rent seeking interests is so easily established and it is so difficult to break. The second conclusion, however, is that a certain space for small enterprises can be created even in a very corrupt economy dominated by severe rent seeking. A third conclusion is that the Russian deregulation of 2002 represents the worst of all worlds, because all its elements were incremental.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Asian Economics.
Volume (Year): 23 (2012)
Issue (Month): 2 ()
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Web page: http://www.elsevier.com/locate/asieco
Small enterprises; Postcommunist transition; Economic systems; Tax system; Regulation;
Find related papers by JEL classification:
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
- P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
- P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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