Hallward-Driemeier, Mary; Khun-Jush, Gita; Pritchett, Lant - Kennedy School of Government, Harvard University - 2010
Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be influenced by firm actions (e.g. bribes) and...