Introduction

Svetla Marinova and Marin Marinov

Chapter 1 in The Changing Nature of Doing Business in Transition Economies, 2011, pp 1-8 from Palgrave Macmillan

Abstract: Abstract Business environments vary across the world. Contextual specifics vary from region to region and from country to country. Countries and their environments are distinguished according to a number of indicators. If level of development is applied, it is often associated with per capita income in a particular country in comparison with the world average. Overall a developing country is usually associated with a nation that has a lower level of economic, social, business and technological development than the average in the world and as a result usually has a lower level of material well-being. There is no universally adopted definition of the term developing country. This means that the levels of development in various aspects may differ extensively among developing countries, with some developing countries having similar standards of living as many developed economies.

Keywords: International Business; Transition Economy; Transition Country; Foreign Subsidiary; Special Economic Zone (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-33701-5_1

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DOI: 10.1057/9780230337015_1

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