A void in the literature on the business environment is how it evolves over time. Focusing on China during its crucial … better educated, with more diverse sectoral experience. Market competition increased over time, especially after China …

independent regulation, partial privatization of the generation company (KenGen), and establishment of complementary entities …

This paper revisits trends in bank privatization and analyzes their economic impact over the past 25 years. Building on … a novel data set of privatization events for 70 developed and developing countries, it shows that bank privatization … became more frequent since the Global Financial Crisis, especially in emerging markets such as China and India, but also …