Challenges to Enterprise Performance in the Face of the Financial Crisis : Eastern Europe and Central Asia
This report takes stock of enterprise sector performance in the Europe and Central Asia (ECA) region and its key drivers: access to finance, infrastructure, and labor. It is the second of two complementary reports that examine selected trends emerg...
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| Format: | Publication |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110620031432 http://hdl.handle.net/10986/2316 |
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okr-10986-2316 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO FINANCING ACCESSIBILITY ACCOUNTING ADMINISTRATIVE REFORMS AFFILIATES BALANCE OF PAYMENTS BANK CLAIMS BANK LENDING BANK LOANS BANKING CRISIS BANKING MARKETS BANKING SECTOR BANKING SECTOR ASSETS BANKING SECTORS BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BORROWER BORROWING BRAIN DRAIN BUSINESS ACTIVITY BUSINESS ENTERPRISES BUSINESS ENVIRONMENT CAPITAL FLOWS CAPITAL INFLOWS CENTRAL BANKS COLLATERAL COLLATERAL REQUIREMENTS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORRUPTION CREDIT CRUNCH CREDIT EXPANSION CREDIT GROWTH CREDIT INSTITUTIONS CREDIT MARKETS CREDIT RELATIONSHIPS CRISIS LENDING CROSS-BORDER FLOWS CURRENCY COMPOSITION CURRENCY MISMATCHES CURRENCY UNITS CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT DEBT SECURITIES DEFICITS DEPENDENT DEPOSIT DEPOSITS DEVALUATIONS DEVELOPING COUNTRIES DISPARITIES IN ACCESS DOMESTIC BANKS ECONOMIC ACTIVITY ECONOMIC CONDITIONS ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EDUCATION SYSTEMS EFFECTIVE GOVERNANCE EMPLOYMENT ENTERPRISE GROWTH ENTERPRISE OPERATION ENTERPRISE PERFORMANCE EXCHANGE RATE EXCHANGE RATE REGIME EXCHANGE RATES EXTERNAL BORROWING EXTERNAL FINANCE EXTERNAL FINANCING EXTERNAL FUNDING EXTERNAL FUNDS FINANCES FINANCIAL ACCESS FINANCIAL CAPITAL FINANCIAL CONSTRAINTS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENTS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCING CONSTRAINTS FINANCING COSTS FIRM FINANCING FIRM PERFORMANCE FISCAL BALANCES FISCAL RESOURCES FIXED EXCHANGE RATE FIXED EXCHANGE RATES FLOATING EXCHANGE RATE FOREIGN BANK FOREIGN BANK PARTICIPATION FOREIGN BANKS FOREIGN CAPITAL FOREIGN CLAIMS FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN OWNERSHIP GOOD GOVERNANCE GOVERNANCE INDICATORS GOVERNMENT REGULATION GREATER ACCESS GROSS DOMESTIC PRODUCT HOST COUNTRIES HOST COUNTRY HOUSING HUMAN CAPITAL INCOME INCOME LEVELS INFLATION INFORMATION TECHNOLOGY INFORMATIONAL ASYMMETRIES INSOLVENCY INSOLVENT INSTITUTIONAL DEVELOPMENT INSTRUMENT INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL MARKETS INTERNATIONAL SETTLEMENTS INVESTMENT CLIMATE JOB CREATION JOB OPPORTUNITIES JUDGEMENT LABOR FORCE LABOR MARKET LABOR MARKETS LARGE FIRMS LEGAL CODE LEGAL ORIGIN LEGISLATION LENDER LENDERS LENDING POLICIES LEVERAGE LIMITED ACCESS LOAN LOAN APPLICATIONS LOAN DEMAND LOCAL CURRENCY LOCAL GOVERNMENT MARKET CONDITIONS MARKET DEVELOPMENTS MARKET REFORM MATURITIES MIGRANT WORKERS MIGRATION MONETARY FUND MORTGAGE MORTGAGE MARKET MULTINATIONAL MULTINATIONAL BANK MULTINATIONAL BANKS OBSTACLES TO FINANCE OUTREACH OVERDRAFT OVERDRAFT FACILITIES OVERDRAFTS PHYSICAL CAPITAL POST-CRISIS PERIOD POWER OUTAGE POWER OUTAGES PRIVATE BANKS PRIVATE CAPITAL PRIVATE INVESTMENT PRODUCTIVITY PROFIT OPPORTUNITIES PROFITABILITY PROPERTY RIGHTS PROTECTION OF PROPERTY PRUDENTIAL REQUIREMENTS REAL SECTOR RECESSION RECOVERY PERIOD REGULATORY FRAMEWORKS REGULATORY REFORMS SALES GROWTH SALES REVENUE SHORT-TERM LENDING START-UPS STATISTICAL ANALYSIS SUBSIDIARIES SUBSIDIARY SUPPLY OF FINANCING SYSTEMIC BANKING CRISIS SYSTEMIC CRISES SYSTEMIC CRISIS TAX TAX ADMINISTRATION TAX RATES TELECOMMUNICATIONS TRADING TRANSPORT UNEMPLOYMENT UNION WAGE GROWTH WAGES WHOLESALE FUNDING WORKING CAPITAL |
| spellingShingle |
ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO FINANCING ACCESSIBILITY ACCOUNTING ADMINISTRATIVE REFORMS AFFILIATES BALANCE OF PAYMENTS BANK CLAIMS BANK LENDING BANK LOANS BANKING CRISIS BANKING MARKETS BANKING SECTOR BANKING SECTOR ASSETS BANKING SECTORS BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BORROWER BORROWING BRAIN DRAIN BUSINESS ACTIVITY BUSINESS ENTERPRISES BUSINESS ENVIRONMENT CAPITAL FLOWS CAPITAL INFLOWS CENTRAL BANKS COLLATERAL COLLATERAL REQUIREMENTS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORRUPTION CREDIT CRUNCH CREDIT EXPANSION CREDIT GROWTH CREDIT INSTITUTIONS CREDIT MARKETS CREDIT RELATIONSHIPS CRISIS LENDING CROSS-BORDER FLOWS CURRENCY COMPOSITION CURRENCY MISMATCHES CURRENCY UNITS CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT DEBT SECURITIES DEFICITS DEPENDENT DEPOSIT DEPOSITS DEVALUATIONS DEVELOPING COUNTRIES DISPARITIES IN ACCESS DOMESTIC BANKS ECONOMIC ACTIVITY ECONOMIC CONDITIONS ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EDUCATION SYSTEMS EFFECTIVE GOVERNANCE EMPLOYMENT ENTERPRISE GROWTH ENTERPRISE OPERATION ENTERPRISE PERFORMANCE EXCHANGE RATE EXCHANGE RATE REGIME EXCHANGE RATES EXTERNAL BORROWING EXTERNAL FINANCE EXTERNAL FINANCING EXTERNAL FUNDING EXTERNAL FUNDS FINANCES FINANCIAL ACCESS FINANCIAL CAPITAL FINANCIAL CONSTRAINTS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENTS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCING CONSTRAINTS FINANCING COSTS FIRM FINANCING FIRM PERFORMANCE FISCAL BALANCES FISCAL RESOURCES FIXED EXCHANGE RATE FIXED EXCHANGE RATES FLOATING EXCHANGE RATE FOREIGN BANK FOREIGN BANK PARTICIPATION FOREIGN BANKS FOREIGN CAPITAL FOREIGN CLAIMS FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN OWNERSHIP GOOD GOVERNANCE GOVERNANCE INDICATORS GOVERNMENT REGULATION GREATER ACCESS GROSS DOMESTIC PRODUCT HOST COUNTRIES HOST COUNTRY HOUSING HUMAN CAPITAL INCOME INCOME LEVELS INFLATION INFORMATION TECHNOLOGY INFORMATIONAL ASYMMETRIES INSOLVENCY INSOLVENT INSTITUTIONAL DEVELOPMENT INSTRUMENT INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL MARKETS INTERNATIONAL SETTLEMENTS INVESTMENT CLIMATE JOB CREATION JOB OPPORTUNITIES JUDGEMENT LABOR FORCE LABOR MARKET LABOR MARKETS LARGE FIRMS LEGAL CODE LEGAL ORIGIN LEGISLATION LENDER LENDERS LENDING POLICIES LEVERAGE LIMITED ACCESS LOAN LOAN APPLICATIONS LOAN DEMAND LOCAL CURRENCY LOCAL GOVERNMENT MARKET CONDITIONS MARKET DEVELOPMENTS MARKET REFORM MATURITIES MIGRANT WORKERS MIGRATION MONETARY FUND MORTGAGE MORTGAGE MARKET MULTINATIONAL MULTINATIONAL BANK MULTINATIONAL BANKS OBSTACLES TO FINANCE OUTREACH OVERDRAFT OVERDRAFT FACILITIES OVERDRAFTS PHYSICAL CAPITAL POST-CRISIS PERIOD POWER OUTAGE POWER OUTAGES PRIVATE BANKS PRIVATE CAPITAL PRIVATE INVESTMENT PRODUCTIVITY PROFIT OPPORTUNITIES PROFITABILITY PROPERTY RIGHTS PROTECTION OF PROPERTY PRUDENTIAL REQUIREMENTS REAL SECTOR RECESSION RECOVERY PERIOD REGULATORY FRAMEWORKS REGULATORY REFORMS SALES GROWTH SALES REVENUE SHORT-TERM LENDING START-UPS STATISTICAL ANALYSIS SUBSIDIARIES SUBSIDIARY SUPPLY OF FINANCING SYSTEMIC BANKING CRISIS SYSTEMIC CRISES SYSTEMIC CRISIS TAX TAX ADMINISTRATION TAX RATES TELECOMMUNICATIONS TRADING TRANSPORT UNEMPLOYMENT UNION WAGE GROWTH WAGES WHOLESALE FUNDING WORKING CAPITAL World Bank Challenges to Enterprise Performance in the Face of the Financial Crisis : Eastern Europe and Central Asia |
| geographic_facet |
Europe and Central Asia Eastern Europe Central Asia |
| relation |
World Bank Study |
| description |
This report takes stock of enterprise
sector performance in the Europe and Central Asia (ECA)
region and its key drivers: access to finance,
infrastructure, and labor. It is the second of two
complementary reports that examine selected trends emerging
from the Business Environment and Enterprise Performance
Survey (BEEPS) data that are of immediate policy relevance
to ECA countries. Both reports draw primarily on information
from data collected prior to the crisis. This report also
uses data on employment and access to finance collected
during the crisis in a subset of ECA countries. The global
financial crisis has had enormous consequences for
firms' access to finance, the availability of qualified
workers, and the ability of governments to provide (and of
private sector to obtain) reliable infrastructure services.
The extent and impact of these constraints is yet to be
determined but their presence at a time of economic growth
suggests they may re-emerge during the post-crisis economic
recovery. The BEEPS captures information on a number of
aspects of the business environment. This report highlights
the elements of firm finance, labor regulations and skills,
and infrastructure that are covered by the BEEPS
questionnaire. Where possible, the data are supplemented
with data from other sources. The report covers a lot of
ground, and several broad findings from the analyses stand out. |
| format |
Publications & Research :: Publication |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Challenges to Enterprise Performance
in the Face of the Financial Crisis : Eastern Europe and
Central Asia |
| title_short |
Challenges to Enterprise Performance
in the Face of the Financial Crisis : Eastern Europe and
Central Asia |
| title_full |
Challenges to Enterprise Performance
in the Face of the Financial Crisis : Eastern Europe and
Central Asia |
| title_fullStr |
Challenges to Enterprise Performance
in the Face of the Financial Crisis : Eastern Europe and
Central Asia |
| title_full_unstemmed |
Challenges to Enterprise Performance
in the Face of the Financial Crisis : Eastern Europe and
Central Asia |
| title_sort |
challenges to enterprise performance
in the face of the financial crisis : eastern europe and
central asia |
| publisher |
World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110620031432 http://hdl.handle.net/10986/2316 |
| _version_ |
1764385242921041920 |
| spelling |
okr-10986-23162021-04-23T14:02:01Z Challenges to Enterprise Performance in the Face of the Financial Crisis : Eastern Europe and Central Asia World Bank ACCESS TO CAPITAL ACCESS TO CREDIT ACCESS TO EXTERNAL FINANCE ACCESS TO FINANCE ACCESS TO FINANCIAL SERVICES ACCESS TO FINANCING ACCESSIBILITY ACCOUNTING ADMINISTRATIVE REFORMS AFFILIATES BALANCE OF PAYMENTS BANK CLAIMS BANK LENDING BANK LOANS BANKING CRISIS BANKING MARKETS BANKING SECTOR BANKING SECTOR ASSETS BANKING SECTORS BANKING SYSTEM BANKING SYSTEMS BANKRUPTCY BORROWER BORROWING BRAIN DRAIN BUSINESS ACTIVITY BUSINESS ENTERPRISES BUSINESS ENVIRONMENT CAPITAL FLOWS CAPITAL INFLOWS CENTRAL BANKS COLLATERAL COLLATERAL REQUIREMENTS COPYRIGHT CLEARANCE COPYRIGHT CLEARANCE CENTER CORRUPTION CREDIT CRUNCH CREDIT EXPANSION CREDIT GROWTH CREDIT INSTITUTIONS CREDIT MARKETS CREDIT RELATIONSHIPS CRISIS LENDING CROSS-BORDER FLOWS CURRENCY COMPOSITION CURRENCY MISMATCHES CURRENCY UNITS CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT DEBT SECURITIES DEFICITS DEPENDENT DEPOSIT DEPOSITS DEVALUATIONS DEVELOPING COUNTRIES DISPARITIES IN ACCESS DOMESTIC BANKS ECONOMIC ACTIVITY ECONOMIC CONDITIONS ECONOMIC DEVELOPMENTS ECONOMIC GROWTH EDUCATION SYSTEMS EFFECTIVE GOVERNANCE EMPLOYMENT ENTERPRISE GROWTH ENTERPRISE OPERATION ENTERPRISE PERFORMANCE EXCHANGE RATE EXCHANGE RATE REGIME EXCHANGE RATES EXTERNAL BORROWING EXTERNAL FINANCE EXTERNAL FINANCING EXTERNAL FUNDING EXTERNAL FUNDS FINANCES FINANCIAL ACCESS FINANCIAL CAPITAL FINANCIAL CONSTRAINTS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DEVELOPMENT FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MARKET FINANCIAL MARKETS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENTS FINANCIAL SERVICES FINANCIAL SYSTEM FINANCING CONSTRAINTS FINANCING COSTS FIRM FINANCING FIRM PERFORMANCE FISCAL BALANCES FISCAL RESOURCES FIXED EXCHANGE RATE FIXED EXCHANGE RATES FLOATING EXCHANGE RATE FOREIGN BANK FOREIGN BANK PARTICIPATION FOREIGN BANKS FOREIGN CAPITAL FOREIGN CLAIMS FOREIGN CURRENCY FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN INVESTMENT FOREIGN INVESTORS FOREIGN OWNERSHIP GOOD GOVERNANCE GOVERNANCE INDICATORS GOVERNMENT REGULATION GREATER ACCESS GROSS DOMESTIC PRODUCT HOST COUNTRIES HOST COUNTRY HOUSING HUMAN CAPITAL INCOME INCOME LEVELS INFLATION INFORMATION TECHNOLOGY INFORMATIONAL ASYMMETRIES INSOLVENCY INSOLVENT INSTITUTIONAL DEVELOPMENT INSTRUMENT INTEREST RATES INTERNATIONAL BANK INTERNATIONAL BANKS INTERNATIONAL FINANCIAL MARKETS INTERNATIONAL MARKETS INTERNATIONAL SETTLEMENTS INVESTMENT CLIMATE JOB CREATION JOB OPPORTUNITIES JUDGEMENT LABOR FORCE LABOR MARKET LABOR MARKETS LARGE FIRMS LEGAL CODE LEGAL ORIGIN LEGISLATION LENDER LENDERS LENDING POLICIES LEVERAGE LIMITED ACCESS LOAN LOAN APPLICATIONS LOAN DEMAND LOCAL CURRENCY LOCAL GOVERNMENT MARKET CONDITIONS MARKET DEVELOPMENTS MARKET REFORM MATURITIES MIGRANT WORKERS MIGRATION MONETARY FUND MORTGAGE MORTGAGE MARKET MULTINATIONAL MULTINATIONAL BANK MULTINATIONAL BANKS OBSTACLES TO FINANCE OUTREACH OVERDRAFT OVERDRAFT FACILITIES OVERDRAFTS PHYSICAL CAPITAL POST-CRISIS PERIOD POWER OUTAGE POWER OUTAGES PRIVATE BANKS PRIVATE CAPITAL PRIVATE INVESTMENT PRODUCTIVITY PROFIT OPPORTUNITIES PROFITABILITY PROPERTY RIGHTS PROTECTION OF PROPERTY PRUDENTIAL REQUIREMENTS REAL SECTOR RECESSION RECOVERY PERIOD REGULATORY FRAMEWORKS REGULATORY REFORMS SALES GROWTH SALES REVENUE SHORT-TERM LENDING START-UPS STATISTICAL ANALYSIS SUBSIDIARIES SUBSIDIARY SUPPLY OF FINANCING SYSTEMIC BANKING CRISIS SYSTEMIC CRISES SYSTEMIC CRISIS TAX TAX ADMINISTRATION TAX RATES TELECOMMUNICATIONS TRADING TRANSPORT UNEMPLOYMENT UNION WAGE GROWTH WAGES WHOLESALE FUNDING WORKING CAPITAL This report takes stock of enterprise sector performance in the Europe and Central Asia (ECA) region and its key drivers: access to finance, infrastructure, and labor. It is the second of two complementary reports that examine selected trends emerging from the Business Environment and Enterprise Performance Survey (BEEPS) data that are of immediate policy relevance to ECA countries. Both reports draw primarily on information from data collected prior to the crisis. This report also uses data on employment and access to finance collected during the crisis in a subset of ECA countries. The global financial crisis has had enormous consequences for firms' access to finance, the availability of qualified workers, and the ability of governments to provide (and of private sector to obtain) reliable infrastructure services. The extent and impact of these constraints is yet to be determined but their presence at a time of economic growth suggests they may re-emerge during the post-crisis economic recovery. The BEEPS captures information on a number of aspects of the business environment. This report highlights the elements of firm finance, labor regulations and skills, and infrastructure that are covered by the BEEPS questionnaire. Where possible, the data are supplemented with data from other sources. The report covers a lot of ground, and several broad findings from the analyses stand out. 2012-03-19T09:03:57Z 2012-03-19T09:03:57Z 2011-06-10 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20110620031432 978-0-8213-8800-6 http://hdl.handle.net/10986/2316 English World Bank Study CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication Europe and Central Asia Eastern Europe Central Asia |