Publication

This report is part of a research project which aims to investigate the nature and impact of barriers to entry the market in five countries (Poland, Hungary, the Czech Republic, Lithuania and Albania) at different stages of transition with various development backgrounds and traditions. The study focuses on the legal, fiscal and institutional factors which impede new entries and slow down the expansion of new firms in each country. Impediments include difficult registration procedures, a lack of real estate, excessive taxes and contributions, lacking information, institutional uncertainty and financial constraints.