"Crony capitalism" describes business practices in countries with:

Name: "Crony capitalism" describes business practices in countries with:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In regions with less well-developed legal and institutional protections and poor property rights, such as some countries in Asia, Latin America, and Africa, forms of "crony capitalism" may emerge in which weak corporate governance and government interference can lead to poor performance, risky financing patterns, and macroeconomic crises.

"Crony Capitalism" Describes Business Practices in Countries With