optimization problems of interest. The new idea in comparisonwith the unified version of Tikhomirov and others ([I-T], [A-T-F] and …

sequences provide an additional step in optimization and control. This motivates our new approach where we avoid the …

We model a firm in an institutional market setting, consisting of a production technology and its governance. The … governance consists of a hierarchical firm structure, a cost efficiency parameter,and an internal pay system. The depth of the …

implementation of which is conditional on the quality of governance and infrastructure. The evaluation of these policy choices gains … membership, governance and effective distance (corrected for infrastructure). Using scenario analyses we assess counterfactuals … exports while improved governance would, ceteris paribus, almost double its trade. Most of these changes originate from the …