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business environment

Presidential medals and credit bureaus

Ryan Hahn's picture

Microfinance received a nice fillip recently when Muhammad Yunus was awarded the Presidential Medal of Freedom by U.S. President Barack Obama. While Yunus's rockstar status has helped put the access to finance agenda center stage, I wonder if it might obscure some of the hard work that goes on behind the scenes. Perhaps the phrase "credit bureaus" may not cause your heart to race, but in some countries this is really where the action is at.

Through an Internet glass, darkly

Ryan Hahn's picture

Who hasn't tried Googling himself at least once? (Even former Presidents can't help themselves, apparently.) But the folks at MIT Media Lab thought that wasn't enough, so they have created a whole new way to present your online self through a website called Personas. Give it a try, you know you want to!

Non-habit forming development aid

Ryan Hahn's picture

Does too much aid lead countries to become aid dependent? Clearly this is a possibility, and one that some aid critics believe is an inevitability. But I wouldn't say that aid is necessarily habit forming. The key issue is whether the aid is sustainable—in other words, whether the recipient country is taking the necessary steps to wean itself off aid over the longer term.

Organizing without organizations

Ryan Hahn's picture

For the last hundred years the big organizational question has been whether any given task was best taken on by the state, directing the effort in a planned way, or by businesses competing in a market. This debate was based on the universal and unspoken supposition that people couldn’t simply self-assemble; the choice between markets and managed effort assumed that there was no third alternative. Now there is.

Business Associations: Good for businesses, bad for taxpayers and consumers?

Mohammad Amin's picture

In The Rise and Decline of Nations, Mancur Olson argued that interest groups like business associations (BAs) always pursue distributive objectives, seeking unproductive rents rather than benefitting the public. Subsequent work on collective action culminating in the New Institutional Economics continued to adopt this negative view of BAs.

Thinking at the margin

Mohammad Amin's picture

In a previous post, I had talked about problems due to power outages faced by retailers in India using Enterprise Survey’s data on 1,948 retail stores. I provided evidence showing that losses due to power outages (as a % of the annual sales of stores) and hours of power outage in a typical month were much higher for low-income lagging states compared with more developed leading states in India.

Retailing in India: Setting the priorities

Mohammad Amin's picture

The retail and wholesale sector in India is among the biggest in the country, yet it receives little attention from policy makers and researchers. The sector accounts for about 14% of India’s GDP and over a quarter of the value added in all services sectors. It is the second largest employer (after agriculture), providing over 10% of all formal jobs in the country.