How much black markets influence on business in undeveloped countries?
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dare Apprentice
Joined: 15 Oct 2005 Posts: 2
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Posted: 07/16/08 - 06:49 Post subject: |
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| 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 Apprentice
Joined: 08 Jan 2005 Posts: 7
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Posted: 08/14/08 - 23:48 Post subject: |
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| 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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