A business environment characterized by 'incredible' rules such as unclear property rights, constant policy surprises and reversals, uncertain contract enforcement, and high corruption most likely translates...
This technical paper considers how various dimensions of institutional uncertainty affect the developing countries' investment rates. The paper is the first to present a comparative analysis of uncertainty...
Building reliable institutions that support a market system is widely believed to be critical to a successful economic transition. The authors present indicators on the predictability of the institutional...
This is the twentieth in the annual series assessing major development issues. The report is devoted to the role and effectiveness of the state: what it should do, how it should do it, and how it can improve...
This is the twentieth in the annual series assessing major development issues. The report is devoted to the role and effectiveness of the state: what it should do, how it should do it, and how it can improve...
This is the twentieth in the annual series assessing major development issues. The report is devoted to the role and effectiveness of the state: what it should do, how it should do it, and how it can improve...
This is the twentieth in the annual series assessing major development issues. The report is devoted to the role and effectiveness of the state: what it should do, how it should do it, and how it can improve...
هذا التقرير هو العشرين في سلسلة من التقارير السنوية التي تتناول بالتقييم قضايا التنمية الرئيسية. وهذا التقرير مكرس لتبيان دور وفعالية الدولة: ما ينبغي أن تقوم به، وكيف السبيل إلى ذلك، وكيف يمكن التحسن...
This is the twentieth in the annual series assessing major development issues. The report is devoted to the role and effectiveness of the state: what it should do, how it should do it, and how it can improve...
Case studies and anecdotal evidence have suggested that uncertainty about policies, laws, and regulations has hampered development of the private sector in many developing countries. The authors present...
Economic theory and case study evidence have long suggested that institutional factors, such as well-defined property and contract rights, may be crucial in explaining differences in economic performance...
This is the twentieth in the annual series assessing major development issues. The report is devoted to the role and effectiveness of the state: what it should do, how it should do it, and how it can improve...
This is the twentieth in the annual series assessing major development issues. The report is devoted to the role and effectiveness of the state: what it should do, how it should do it, and how it can improve...