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Eastern Europe and Central Asia

My microfinance public service announcement

Ryan Hahn's picture

My friends over at CGAP want to hear from you. Last year the gurus of microfinance redesigned their website, and now they want to know what you think about it. Compliments? Complaints? Quizzical faces? Fill out their brief survey (anonymously, of course). 

Uzbekistan’s struggling private sector

Arvind Jain's picture

Exactly one year ago, the Financial Times gave a positive gloss on Uzbekistan’s economic prospects. One of the sources for the FT’s take on Uzbekistan was Alisher Ali Djumanov, a managing partner at Eurasia Capital Management and (as the article points out) the only alumnus of Insead in the country. He had this to say:

What is driving businesses to adopt the use of the internet?

Mohammad Amin's picture

Few would contest that the internet revolution has saved us a lot of time keeping in touch with others and conducting searches. For firms, time saved is labor saved and this is particularly attractive in countries that have stricter labor laws. What I’m suggesting here is that stricter labor laws may encourage firms to adopt modern labor-saving technologies such as the internet and computers. In theory this could magnify the adverse effect of stricter labor laws on employment and wages documented in the literature. So what does the data tell us?

New Structuralist Economics: Industrial policy 2.0?

Ryan Hahn's picture

A presentation this afternoon sponsored by the Development Research Group of the World Bank promises to generate some heat (and hopefully some light as well). Justin Lin, Chief Economist of the World Bank, will be on a panel with Bill Easterly, professor at New York University and author of The White Man's Burden, to discuss Industrial Policy and the Role of the State in Promoting Growth.

Firms in Georgia see the benefits of reform

The Enterprise Surveys team has introduced a new product called Country Notes. This series of notes provide a customized snapshot of a country’s business environment relative to other economies surveyed in the region. While the survey fieldwork itself is a complex task, the notes themselves provide succinct analyses and policy recommendations based on the collected data.

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.