Among the OECD countries, Turkey figures as a comparative latecomer to regulatory reform. Yet, there is a crucial need for it. Over the last three decades, the Turkish economy has suffered from macro-economic instability and chronic inflation, with implications for both investment and growth....

Around 99 per cent of vehicles running on India’s roads are powered by internal combustion engines running on fossil fuels (petrol, diesel, and some CNG). The passenger car is still a largely aspirational product for around one hundred million newly middle-class Indians (20 million families)....