Legal Development, Financial Repression, and Entrepreneurship in a Marketizing Economy
Abstract
The nature of entrepreneurship in a marketizing economy will be affected not only by personal and socioeconomic characteristics, but also by the extent of legal development and financial repression. Many developing countries have underdeveloped legal and credit systems that can impede self-employment. Since China is an economy characterized by legal and institutional imperfections as well as underdeveloped financial markets, its growing and...
Paper Details
Title
Legal Development, Financial Repression, and Entrepreneurship in a Marketizing Economy
Published Date
Jul 1, 2012
Journal
Volume
45
Issue
4
Pages
39 - 82
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Notes
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