The Slow Development of Small Business in Russia

Author/Creator

Author/Creator ORCID

Date

2016

Department

Economics

Program

Bachelor's Degree

Citation of Original Publication

Rights

Collection may be protected under Title 17 of the U.S. Copyright Law. To obtain information or permission to publish or reproduce, please contact the Goucher Special Collections & Archives at 410-337-6347 or email archives@goucher.edu.

Abstract

I wrote this to explore my interests in how the small firm, that with little money, power, or protection fared during Russia's transition. I was most interested in how the Russian government affected the growth and success of the small business sector. From Katherine Harback: The performance of the post-Communist economies has been highly variable and attempting to explain why some economies succeed and others fail to thrive is a complex endeavor. In this paper, Ray focuses on one important factor, the presence and health of small businesses, as a potential explanatory factor. He does a good job explaining the role of small business in a healthy economy and characterizing the obstacles Russian businesses face.