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Labor regulations are important determinants of resource allocation, productivity, and labor market outcomes. They can protect workers’ rights, enhance job security, and improve working conditions. However, overly restrictive regulations can also increase business costs, becoming barriers to...
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Since the 2011 uprising that toppled the former regime, Libya has been mired in deep political strife. An economy in which agriculture once flourished was converted wholesale to an oil-based rentier state of the most extreme kind. Following the immediate post-revolution oil-consumption boom, in...
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