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  • 1
    Online Resource
    Online Resource
    Corruption, The Business Environment, And Small Business Growth In India (2007)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (1 online resource (31 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Honorati, Maddalena Corruption, The Business Environment, And Small Business Growth In India
    Keywords: Access to Finance ; Credit rationing ; Econometrics ; Economic Development ; Economic Growth ; Economic growth ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Labor Markets ; Labor Policies ; Labor markets ; Macroeconomics and Economic Growth ; Political Economy ; Productivity growth ; Property rights ; Social Protections and Labor ; Wage Differentials ; Wage rates ; Access to Finance ; Credit rationing ; Econometrics ; Economic Development ; Economic Growth ; Economic growth ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Labor Markets ; Labor Policies ; Labor markets ; Macroeconomics and Economic Growth ; Political Economy ; Productivity growth ; Property rights ; Social Protections and Labor ; Wage Differentials ; Wage rates ; Access to Finance ; Credit rationing ; Econometrics ; Economic Development ; Economic Growth ; Economic growth ; Environment ; Environmental Economics and Policies ; Finance and Financial Sector Development ; Labor Markets ; Labor Policies ; Labor markets ; Macroeconomics and Economic Growth ; Political Economy ; Productivity growth ; Property rights ; Social Protections and Labor ; Wage Differentials ; Wage rates
    Abstract: This paper estimates a dynamic business growth equation on a sample of small-scale manufacturers. The results suggest that excessive labor regulation, power shortages, and problems of access to finance are significant influences on industrial growth in India. The expected annual sales growth rate of an enterprise is lower where labor regulation is greater, power shortages are more severe, and cash flow constraints are stronger. The effects of each of the three factors on business growth seem also to depend on a fourth element, namely, corruption. Specifically, labor regulation affects the growth only of enterprises for which corruption is not a factor in business decisions. By contrast, power shortages seem to be a drag on the growth only of enterprises self-reportedly held back by corruption. Lastly, sales growth is constrained by cash flow only in businesses that are not affected by labor regulation, power shortages, or corruption. The analysis uses corruption as a proxy for the quality of "property rights institutions" and considers labor regulation and small business financing as instances of "contracting institutions." The findings on the interaction between corruption and other aspects of business environment then seems to indicate that the quality of property rights institutions exerts more abiding influence on economic outcomes than the quality of contracting institutions. Moreover, there might also be a hierarchy among contracting institutions in their effect on manufacturing growth
    URL: Volltext  (Deutschlandweit zugänglich)
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    MPI Ethno. Forsch.
  • 2
    Online Resource
    Online Resource
    Youth Employment in Uzbekistan : Opportunities and Challenges (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource
    Series Statement: Other Social Protection Study
    Keywords: Employment and Unemployment ; Labor Markets ; Skills Development and Labor Force Training ; Social Protections and Labor
    Abstract: The objective of the report is to assess and find potential solutions to the challenge's youth face when transitioning from school to work with a focus on labor market 'supply side' reforms that are relevant to improve the employability of youth. We recognize that rural and urban investment climates, regulatory frameworks, taxation systems, overall macro-economic frameworks, and human capital (education and training policy, basic health) are prerequisites for many interventions on the demand side of the labor market to be successful. The report provides a holistic assessment, including both demand and supply-side constraints, triangulating findings from available qualitative and quantitative data on youth and employers. It inevitably documents an extensive set of issues. However, it does not aim to assess the broader investment climate and macro context or all firm-level constraints to job creation as a full job diagnostic would do. The lack of jobs and slow labor demand are found to be major constraints to youth employment, but macro and structural constraints to job creation are not assessed in the report in depth. The scope of the policy recommendations put forth focus on labor market reforms that could improve the employability of youth and are meant to complement recommendations on a broader set of macro and business environment reforms aimed at enabling private firms to start up, grow, and create jobs. Until major constraints to labor demand are addressed and job creation picks up, the recommendations presented in the report will remain necessary but will not be sufficient to address the youth employment challenge
    DOI: 10.1596/36589
    URL: Deutschlandweit zugänglich
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    MPI Ethno. Forsch.
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