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"Entrepreneurship or Entremanureship? Digging Through Romania's Institutional Environment for Transitional Lessons"

Chapter in Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development

Peter Boettke, Christopher Coyne, Peter Leeson

November 8, 2007

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Peter Boettke, Christopher Coyner, and Peter Leeson's chapter "Entrepreneurship or Entremanureship? Digging Through Romania's Institutional Environment for Transitional Lessons" appears in the book Making Poor Nations Rich: Entrepreneurship and the Process of Economic Development, edited by Benjamin Powell and with a forward by Deepak Lal.

Europeans have also labored under institutions that inhibit productive entrepreneurship. In Romania, entrepreneurs have shied away from making significant investments, because the country’s regulatory framework has been “reformed” too often since the fall of state socialism, explain Peter Boettke, Christopher Coyne, and Peter Leeson. Regulatory uncertainty and rampant bribery have driven many capable people to seek employment in the government bureaucracy, rather than become productive entrepreneurs.

ISBN : 0804757321
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