Policy analysts and researchers need to be aware, while making policy recommendations, of the political feasibility of their suggestions. At the same time, the policymakers need to be aware of the extent of the loss in economic efficiency that may be involved in policy choices designed to meet...

Evidence-based research is widely recognized as an essential input in effective economic policymaking. However, for the results of their research to influence policy, the research community must overcome a variety of challenges, including the absence of adequate and relevant data, differences of...