Economic downturns which have their roots in preceding credit excesses and debt overhang have tended historically to be long lasting, whether the financial sector remained healthy or not. There are no good reasons to believe the current global crisis will be any different. Moreover, it is argued...

We investigate how often replication studies are published in empirical economics and what types of journal articles are eventually replicated. We find that from 1974 to 2014 0.10% of publications in the Top 50 economics journals were replications. We take into account the results of replication...

In 2022, the OECD will add a human capital dimension to its fragility framework in acknowledgement of the ambition set forth in States of Fragility 2018 to “never lose sight of the end goal of delivering hope and better lives for all people in fragile contexts”. The COVID-19 pandemic and its...

This paper provides an analysis of India’s existing regulatory regime and its evolution over the last 25 years, and the efforts to improve the regulatory framework as India has transitioned towards a market economy. The paper argues that while India has implemented many sector specific...

Business registration is crucial for ensuring accountable, transparent and viable business environments. By bringing businesses into the formal economy, governments are able to provide more strategic and targeted policies for businesses and consumers. The objective of this working paper is to...

Governments are created and run by humans, who can experience the same behavioural biases and barriers as individuals in society. Therefore, it makes sense to explore how behavioural insights (BI) can be applied to the governance of regulatory policy making, and not just to the design of...