Does Privatization Enhance or Deter Small Enterprise Formation ?

  title={Does Privatization Enhance or Deter Small Enterprise Formation ?},
  author={D. Berkowitz},
Small enterprises are a growth engine in post-socialist economies. We argue that privatization can either enhance or deter small enterprise formation via its impact on the local business environment. We then show that in Russia small-scale privatization deterred small enterprise formation, while large-scale privatization enhanced it. 

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