"Sergio G. Lazzarini is the Chafi Haddad Professor of Management at Insper in Brazil. He is the Director of Insper Metricis, a center dedicated to the study of impact management and measurement. Sergio has held visiting positions at Harvard University (2010, 2012), University of St Gallen...

In this paper we document the extent and reach of state capitalism around the world and explore its economic implications. We focus on governmental provision of capital to corporations – either equity or debt – as a defining feature of state capitalism. We present a stylized distinction...

The public debate is rife with polarized views of how to deliver essential services such as education, health, and security. While some tout privatization as a way to supplant bad governments, others warn that private firms maximize profits at the expense of socially oriented service attributes....

The spread of investments by sovereign wealth funds (SWFs) around the world has raised questions about what determines their location choices. We argue that SWFs, like multinational companies, consider a host of cross-country distance factors to guide their location decisions and that the effect...