Ian Babetskii () (CERGE-EI and ROSES, PO Box 882, Politickych veznu 7, 111 21 Prague, Czech Republic.) Alexandre Kolev () (The World Bank, 1818 H street, 20433, USA.) Mathilde Maurel () (ROSES-CNRS and CEPR, Maison des Sciences Economiques, 106-112 Bd de l'Hôpital, 75647 Paris Cedex 13, France.)
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The persistence of widespread poverty in the Kyrgyz Republic seems to be due to the presence of a large pool of jobless and discouraged workers, as well as to the low level of formal job creation. This has prevented informal jobholders from moving from a situation of mere survival into a better economic position. Addressing the problem of low formal job creation requires removing the many institutional barriers that prevent the development of small and medium enterprises in the country. Comparative Economic Studies (2003) 45, 493–519. doi:10.1057/palgrave.ces.8100030
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