The business environment in the transition

Wendy Carlin, Mark Edwin Schaffer

Research output: Chapter in Book/Report/Conference proceedingChapter

2 Citations (Scopus)


Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business environment includes physical infrastructure, the availability of an educated labour force, provision of administrative and judicial services, the control of corruption and crime, and the stability of the macroeconomic environment. By comparing how different elements of the business environment affected firms in formerly planned economies with those in economies outside transition, we document not only the challenges faced by transition firms but also the effects of the planning legacy.
Original languageEnglish
Title of host publicationHandbook of the Economics and Political Economy of Transition
EditorsPaul Hare, Gerard Turley
Number of pages14
ISBN (Print)978-0415591126
Publication statusPublished - 2013

Publication series

NameRoutledge International Handbooks


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