ARTÍCULO
TITULO

FEATURES OF SMALL BUSINESS DEVELOPMENT IN THE CIS COUNTRIES: DOES INSTITUTIONAL ENVIRONMENT AFFECT

Nataliia Viktorovna Ostapenko    

Resumen

The article analyzes the development of small businesses at the national level through a comparative analysis between the former Soviet countries ? Ukraine, Russia, Belarus, Kazakhstan, Uzbekistan, and Kyrgyzstan. These countries are comparable by the previous path dependence (the period of the USSR, communism), by the position of the geographical location, as well as by similarity of cultural development. As can be seen from the analysis, which was conducted in article, the quantitative characteristics of small business development in the above countries are similar, based on the dependence on foreign markets and conditions in national economies. However, qualitative indicators of small business development in these countries are different. These differences can be attributed to the activities of the institutional environment (formal and informal institutions) and its impact on the national economy. Conclusions about the effectiveness of quality of development of small business sector through the analysis of its contribution to the national economy are done.

 Artículos similares

       
 
Guillermo Ceballos-Santamaría, Juan-José Villanueva-Álvaro    
In EU governments, there is widespread concern of the current trends in small businesses. Their importance in generating wealth and employment justifies the adoption of economic measures to foster their development and durability. Experience shows that f... ver más

 
Marcela Danu    
On the European continent, urban population, representing a significant segment of the market, with features specific to a particular model of purchase, consumption, lifestyle, etc. , has the potential for growth. The possible effects of this increase (s... ver más