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Table of Contents
Executive summary ........................................................................................................3
Literature search ............................................................................................................ 3
Background ....................................................................................................................3
Institutional factors affecting business ........................................................................... 5
Formal institutions .......................................................................................................... 5
Judiciary .........................................................................................................................5
Political systems ............................................................................................................ 6
Economic system ........................................................................................................... 7
Informal institutions ........................................................................................................ 8
Culture ........................................................................................................................ 8
Education ....................................................................................................................9
Religion .....................................................................................................................10
References ...................................................................................................................11
IMPORTANT NOTES TO CONSIDER ........................................................................ 12
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