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In this paper, we review theory and evidence on the links between product market regulations that curb competitive pressures, the efficiency of resource allocation and productivity growth. We show that product market regulations differ across countries and industries and have evolved differently...
Persistent link: https://www.econbiz.de/10009388284
Developing countries are faced with a substantial and persistent infrastructure deficit. Climate change complicates this challenge, affecting the way we design and manage infrastructure (defined here as transport, power, water and sanitation) and increasing costs. But all is not negative:...
Persistent link: https://www.econbiz.de/10008990744
the massive accumulation of nonperforming loans on banks' balance sheets, bank failures, and the economic recession in the …
Persistent link: https://www.econbiz.de/10011498663