The paper investigates the strength of innovation-driven employment growth, the role of competition in stimulating and facilitating it, and whether it is inclusive. In a sample of more than 26,000 manufacturing establishments across 71 countries (both OECD and developing), the authors find that...

Throughout the world, the rail industry has been one of the most heavily regulated sectors. The public utility paradigm of government regulation has failed to handle the central regulatory problem--the mixture of competive and monopoly elements in supply-- and is now being blamed for the poor...