Credibility, trust, and perception of authorities’ performance
The credibility of an institution is, almost, synonymous with how well it is trusted. This column uses survey data to examine how trust in various...
Subtle Discrimination
We introduce the concept of subtle discrimination - biased acts that cannot be objectively ascertained as discriminatory - and study its implications...
Reducing bureaucratic hassle in Ukraine
A reform removing the need for businesses to use a company seal when dealing with government agencies means ‘signed, sealed and delivered’ has become...
The Systemic Governance Influence of Expectation Documents: Evidence from a Universal Owner
The Review of Corporate Finance Studies, 14 (2), 372–407
How a regulated utility innovates without breaking things
Safety and stability are essential for public utilities. But they face pressure to innovate to keep up with technological innovation, environmental...
How the financial authorities can take advantage of artificial intelligence
Artificial intelligence will both be of considerable help to the financial authorities and bring new challenges. This column argues the authorities...
Collateral Effects: The Role of FinTech in Small Business Lending
This paper investigates the impact of introducing junior unsecured loans (i.e., FinTech loans) in the small business lending market. Using French...
The meandering path of gender reform in Africa
Informality prevails in Africa, especially among women. Eighty-eight per cent of working African women were employed in the informal economy in 2022...
All The President’s Money: Market Concentration, Oligarchs and Sanctions in Hybrid Regimes
Hybrid regimes feature combinations of democratic and autocratic attributes. Their common element is a leader who cultivates a clientele of favored...
Gender-based violence blocks Pakistan’s economic development
Despite some advances in women’s rights in Pakistan, economic and political unrest has increased gender-based violence in the country. A system of...
A growth plan for Greece
In January 2020, the Greek government appointed a Commission to propose a growth plan for the Greek economy. The Pissarides Commission produced a...
A Growth Strategy for the Greek Economy
The Greek government appointed in January 2020 a Commission chaired by Nobel Prize winner Christopher Pissarides to propose a growth plan. The...
The Uneven Path Towards Women’s Rights in Argentina
Argentina’s progress towards legal equality for women has been slower than in most other Latin American countries. In 1971 Argentina’s score of 31 on...
