Do challenging economic contexts breed informal business practices? Some insights from country.

Do challenging economic contexts breed informal business practices? Some insights from country.

The paper seeks to be the basis for the framework of businesses in developing economies using practices frowned upon in the western world, but that have a basis in the community centric cultures of most developing countries. for example, hiring a relative should not be frowned upon in the Indian or African context as long as the person has the capabilities and capacities to do the job.