Breadcrumb Home Opinion Pieces Less red tape, more local entrepreneurship and foreign direct investment: the path to recovery Opinion Pieces Publication Date 24/06/2020 Publication Authors Simeon Djankov Dorina Georgieva Hibret Maemir More flexible business regulation encourages both the development of startups and the inflow of foreign investment, write Simeon Djankov, Dorina Georgieva and Hibret Maemir. Published on LSE Business Review