We show that books for general audiences are similarly priced internationally but textbooks are substantially more expensive in the United States. We argue that cost factors cannot explain this phenomenon and discuss several demand-side explanations

"The Right Place explains why firms succeed in one country and fail in another, irrespective of their inner drivers, and suggest potential initiatives that governments can take to help the private sector create jobs and, consequently, make their countries more prosperous. The competitiveness...

Using data from 17 countries that have suffered a currency crisis, this paper studies firm-level leverage and performance measures before and after a crisis has occurred. We show that in the years preceding a currency crisis, companies that are expected to benefit from currency depreciations...