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Is investment constrained more by insecure property rights or by limited external finance? For five transition economies in Eastern Europe and the former Soviet Union we find that weak property rights limit the reinvestment of profits in startup ma nufacturing firms. Access to credit does not...
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In Romania, the share of firms carrying out investment is amongst the lowest in the European Union. This is despite … Bank of Romania - to analyse the reasons for this subdued corporate investment activity. It also contributes to the debate …
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Is investment constrained more by insecure property rights or by limited external finance? For five transition economies in Eastern Europe and the former Soviet Union we find that weak property rights limit the reinvestment of profits in startup manufacturing firms. Access to credit does not...
Persistent link: https://www.econbiz.de/10014460910