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This paper argues that while informal institutions in developing countries are effective in facilitating exchange, without complementing formal institutions it will constrain their prospects of business growth. Ample research studies made in this field suggest that social networks are one of the...
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Vietnam’s garment industry has been loosely characterized by the duality based on market orientation: export and domestic. Export-oriented garment suppliers were typically SOEs and foreign invested firms, while those producing for the domestic market have been mostly small, private...
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This article examines the competitiveness of Cambodia's garment export industry, on which the country's recent and successful economic development has depended to an unusually heavy extent. Using primary interviews and drawing on a wide range of secondary sources, it documents how Cambodia was...
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