Publications → Privatization and SME → Development of private sector

Entrepreneurs and the ordering of institutional reform: Poland, Romania, Russia, the Slovak Republic and Ukraine compared

We use survey data to examine new firms in Poland, Romania, Russia, the Slovak Republic and Ukraine. By measures of job growth, security of property and market development, our countries fall into two groups: an advanced group of Poland, Romania and the Slovak Republic, with the Slovak Republic falling somewhat behind the other two; and a backward group of Russia and Ukraine. Macroeconomic stability is not sufficient for private sector growth. A lack of bank finance does not seem to prevent private sector growth. More inhibiting than inadequate finance are insecure property rights.

Link http://www.ebrd.org/pubs/econo/wp0044.htm
Author Johnson, S., McMillan, J., Woodruff, Ch.
Date 01-Oct-1999
Institute EBRD
Tags firm, Poland, Romania, Russia, Slovak, Republic, Ukraine, private, market

See also

  1. Relations After the EU Enlargement: The Visegrad Countries and Russia, Ukraine, Belarus and Moldova.
  2. Measuring progress in transition and towards EU accession: a comparison of manufacturing firms in Poland, Romania and Spain
  3. The microeconomics of creating productive jobs : a synthesis of firm-level studies in transition economies
  4. Rental choice and housing policy realignment in transition : post-privatization challenges in the Europe and Central Asia region
  5. Quarterly Forecast on the Eastern EU Member States-1st quarter, 2008

Comments

Please, authorize to leave a comment