Private Service Firms in a Transitional Economy logo

This report presents the findings of a survey of private sector firms in St. Petersburg. Services are defined as all sectors of the economy other than agriculture, manufacturing, construction, and utilities. Services are the largest and most dynamic part of the emerging private sector in St. Petersburg and elsewhere in Russia, yet relatively little is known about private service firms. The report examines in some detail the characteristics of the city's new entrepreneurs and their firms. It discusses wages, prices, and the markets in which these firms operate, and it analyzes firm performance. Most entrepreneurs were highly educated, energetic and resourceful; their firms were typically small but growing, diversifying, and self-financing. Wages and prices are flexible, but markets are still poorly developed.

Publisher: World Bank

Related content
Buy & download fulltext book:

$22.00 plus tax (Refund Policy)

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more