Troubling costs
Unless otherwise defined, these costs include expenses due to (by reason of) – unreliable infrastructure, – problems with supervisory authorities (excessive regulatory density; opaque regulations; arbitrary application), – widespread briberies (the offering, giving, receiving, or soliciting of something of value for the purpose of influencing the action of an official in the discharge of his or her public or legal duties) to various authorities: the offering, giving, receiving, or soliciting of something of value for the purpose of influencing the action of an official in the discharge of his or her public or legal duties) to various authorities, – high levels of criminality in the country as a whole, in the financial sector and here in particular with regard to foreign engagements, and – labor law uncertainties (contract enforcement difficulties). – See foreign bank branch, risk, incident.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
