We argue that the literature on government size suffers from neglecting the role of governance both as a driving and a limiting factor for government spending. Cross-country evidence for a sample of 126 developed and developing countries averaging data for the period 2003-07 reveals that better...

Artificial intelligence (AI) is increasingly pervasive and essential to everyday life, enabling apps and various smart devices to autonomous vehicles and medical devices. Yet along with the promise of an increasingly interconnected and responsive Internet of Everything, AI is ushering in a host...

The literature has identified that countries with higher levels of openness tend to present a larger government sector as a way to reduce the risks to the economy that openness entails. This paper argues that there are a number of policies that can mitigate trade-induced risks, many of which do...