What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an overview of theory and empirical research on the...

The economic crisis in the early 1990s prompted action on reforming the Swedish welfare state and its institutions, including deregulation of a wide range of product markets. In that way, Sweden took early action compared to other OECD countries currently struggling with how to make public...

Este documento apresenta uma contribuição para o desenvolvimento de análises de programas de desenvolvimento produtivo (PDP). A proposta metodológica do Mapeamento e Índice de Desempenho Institucional (MIDI) constitui um esforço para quantificar e mensurar os aspectos institucionais que...

This document aims to contribute to the development of a tool to analyze Productive Development Programs (PDPs). The methodology for mapping and measuring of institutional performance (MIDI, from its acronym in Spanish) constitutes an effort to quantify and measure the organizational aspects...

Este documento presenta una contribución al desarrollo de una herramienta de análisis de programas de desarrollo productivo (PDP). La propuesta metodológica del Mapeo e Índice de Desempeño Institucional (MIDI) constituye un esfuerzo para cuantificar y medir los aspectos institucionales que...

Underlying Greece's public debt crisis is a fundamental economic problem: its lack of international competitiveness. While in the short term the debt crisis must be solved, in the long term the economic perspective of the country will depend on whether it will succeed in developing competitive...

Testimony before the U.S. House of Representatives, Judiciary Committee, Subcommittee on Immigration, Border Security, and Claims (Sept. 29, 2005) contends that the Citizenship Clause of the 14th Amendment has been misconstrued as mandating birthright citizenship. Rather, the clause was a...

This paper proposes an operational interpretation of the concept of economic governance. It argues that the capacity of governments to credibly ensure a secure economic environment provides an important benchmark against which governance can be evaluated. Such an environment which is essential...

We propose a theory to explain why, and under what circumstances, a politician gives up rent and delegates policy tasks to an independent agency. We apply this theory to monetary policy by extending a standard dynamic New-Keynesian stochastic general equilibrium model. This model gives a new...

A theoretical role for the government in the financial markets consists of: regulation (passive rules), intervention (active discretion), and their personal financing needs. Three of the most important regulatory rules for maintaining a stable economy are: a clear understanding of the...