2010
DOI: 10.1524/9783486711684
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Einführung Tourismus

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“…115 In Brazil, firms registered through the SIMPLES programme increased investment in their enterprises after registration, likely from greater access to formal credit channels. 116 Similarly, in Viet Nam, becoming formal was found to have raised value added and profitability, with the exception of the smallest enterprises. 117 Such firms might have very low levels of capital and excessively high credit constraints to invest further and reap the gains of formalization.…”
Section: Supporting the Transition To Formalizationmentioning
confidence: 97%
“…115 In Brazil, firms registered through the SIMPLES programme increased investment in their enterprises after registration, likely from greater access to formal credit channels. 116 Similarly, in Viet Nam, becoming formal was found to have raised value added and profitability, with the exception of the smallest enterprises. 117 Such firms might have very low levels of capital and excessively high credit constraints to invest further and reap the gains of formalization.…”
Section: Supporting the Transition To Formalizationmentioning
confidence: 97%