Foreword Lviv is probably the most tourist friendly city in Ukraine! Here hospitality is not only a local tradition, but it is the main business of the whole city. The local authorities and inhabitants seem to go out of their way to make your stay in Lviv unforgettable. Lviv is a city with much to offer, a city of unique oldworld charm. It is the scene of an accident where East broadsided West, but left only a dent. With its remarkably preserved Renaissance architecture, gently bending streets and hidden ancient niches, Lviv is a Ukrainian city with a European soul. Lviv has had an enthralling and violent history. This occupation spurred numerous resistance movements in the s and 50s including the much celebrated and controversial Ukrainian Insurgent Army. With the fall of the Soviet Union in , freedom was finally seized.
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No part of this site may be reproduced without our written permission. Toggle navigation. Ukraine Poland Slovakia. Western Ukraine. Lviv region. Lviv and surroundings. Worth seeing. Worth seeing in Lviv Armenian Cathedral Complex.
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Lviv is a city in the Ukraine with an approximate population of , inhabitants. This town is a quaint little town and is located in the western region of the country in close proximity to the Polish border. The city was a part of Poland as is still evident in its architectural elements.
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To be successful, reform strategies must be informed by a sound understanding of the diversity of European capitalism and the institutional structures that drive these differences. A common reform approach is to identify a country that appears to be performing well in a particular institutional dimension and to promote this institution in other countries. This kind of best-practice-approach ignores the fact that each country has developed its unique bundle of institutions, which complement each other.
Reform strategies that ignore such institutional complementarities risk doing more harm than good. This challenge may explain, for example, why European imitation of policies aimed at stimulating venture capital has been unsuccessful e. Institutions are complementary if the presence or efficiency of one institution increases the returns from or efficiency of the other. Institutional complementarities imply that viable policy changes must be compatible with the existing institutional composition.
We know from the literature that there may be more than one institutional form that can result in good economic outcomes. Our study covers 21 European countries and includes the United States as a point of comparison because it is considered successful in terms of entrepreneurship. We include indicators on informal institutions norms and attitudes , political and economic institutions, labor market institutions and social protection systems, as well as the institutions that underpin knowledge and education.
In order to examine whether and how these institutions support each other various statistical techniques are employed, namely principal component analysis to produce a minimum number of uncorrelated and orthogonal principal components, and cluster analysis to identify how countries group along these dimensions. We find six different country clusters and each cluster has a distinct bundle of entrepreneurial and institutional attributes.