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The time now is 11/01/08 - 16:50

How much black markets influence on business in undeveloped countries?


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dare
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Joined: 15 Oct 2005
Posts: 2



PostPosted: 07/16/08 - 06:49    Post subject: Reply with quote

I am hoping to catch your opinion, so if you are around this morning and feel like replying, you are more than welcome! I am doing some research into undeveloped countries and economies in transition. How much influence do you think black and grey markets have on business in such economies?
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melania
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Joined: 08 Jan 2005
Posts: 7



PostPosted: 08/14/08 - 23:48    Post subject: Reply with quote

I would say a very large influence indeed. I myself live in such a country, and I can see the effects of the black, but to a very large extent also grey and undefined, market activities every day, on a very large scale. We are not talking about some guy selling petrol by the road side here - these types of trade definitely are on a large scale and with government knowledge and even participation.
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