This paper investigates whether the industrial relations climate in Indian States has affected the pattern of manufacturing growth in the period 1958-92. We show that pro-worker amendments to the Industrial Disputes Act are associated with lowered investment, employment, productivity and output...

COVID-19 has been a tragedy for California. More than 4 million Californians have contracted the disease, and over 64,000 have died from it. And beyond the cost of illness and death, the pandemic and the state’s actions to contain it have devastated California’s economy. Low-income and...

This paper outlines short and long-term business regulatory reforms that Lebanon could implement to make doing business easier in the country. The short-term reforms represent “quick-wins” because they are primarily administrative in nature and can be accomplished quickly through ministerial...

State enterprises (SEs) have been increasingly competing with private firms in international markets, in terms of both cross-border trade and FDI. Given both the potentially positive contribution internationally trading and investing SEs can make, as well as the concerns raised about their...

During the last decade, governments have shown increasing interest in curbing the growth of regulation by requiring that one or more regulations be removed before a new regulation can be added. We provide a comprehensive review of this innovation in regulatory policy. There are three main...

All with a stake or interest in the case against Microsoft, brought by the Justice Department and several state Attorneys General, should recognize the importance of the potential costs of this action, some of them not at all obvious. Regardless of the legal niceties or even some of the...

Any infrastructure reformers concerned with social issues in a developing country need to address two problems. The first is increasing access by the poor, and the second is ensuring consumption affordability, i.e. the ability of the poor to pay for both consumption and the amortization of the...

According to Patrick O’Brien, Smithian growth is a label which includes the formation and integration of markets for land, labour and capital as well as institutional frameworks for the discovery and diffusion of useful and reliable knowledge. The growth is expected to raise the standard of...