This report analyses existing competitive research funding mechanisms and their effectiveness, taking into account a variety of contextual factors. It focuses on the efficiency of funding allocation mechanisms relative to their objectives. The main elements of this project have been an extensive...

Part I of this two-part study sets out a framework for the analysis of State trading enterprises (STEs). It emphasises their diverse nature and the imperfectly competitive markets in which many of them operate. Although State trading enterprises may be granted monopoly powers, their objectives...