EPISODE · Jul 13, 2025 · 4 MIN
2. Fleeing to thrive: Paradox Latin American Businesses
Latin American countries exhibit significant levels of informal economic activity and a low degree of trade openness. Yet, little is known about the effect of these institutional characteristics on the performance of SMEs when venturing abroad to explore international markets. Based on an institutional voids approach, we explore the effects of unfair competition, particularly related to informality, on export intensity of SMEs conditioned by tariffs, trade regulations, and taxes in Latin America.
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2. Fleeing to thrive: Paradox Latin American Businesses
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Latin American countries exhibit significant levels of informal economic activity and a low degree of trade openness. Yet, little is known about the effect of these institutional characteristics on the performance of SMEs when venturing abroad to...
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