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Country Economic Memorandum : Background Note 6 - Stock take on business environment reform in São Tomé and Príncipe (Английский)

The importance of a good regulatory and institutional environment for business creation and growth is well established. Good regulations and a level playing field are particularly important to maximize opportunities for private investment in small island states like São Tomé and Príncipe, which tends to be constrained by the lack of economies of scale and distance to markets. Burdensome regulations can hamper the competitiveness of export-oriented...
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