Deals versus Rules : Policy Implementation Uncertainty and Why Firms Hate It

Deals versus Rules : Policy Implementation Uncertainty and Why Firms Hate It

Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. This paper argues that often firms in Africa do not cope with policy rules, rather they face deals: firm-specific policy actions that...

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Bibliographic Details
Main Authors: Hallward-Driemeier, Mary, Khun-Jush, Gita, Pritchett, Lant
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ASSETS
BRANCH
BRIBE
BRIBERY
BRIBES
BUSINESS COMMUNITY
BUSINESS ENTERPRISE
BUSINESSMAN
CAPITAL FORMATION
CIVIL LAW
CLIMATE
COLLUSION
COMPETITORS
COMPLAINTS
CONGLOMERATES
CORRUPTION
CRIME
DEBT
DOMINANT FIRMS
ECONOMIC CONDITIONS
ECONOMIC GROWTH
ECONOMIC GROWTH RATES
ECONOMIC POLICY
ECONOMISTS
EMPLOYMENT
ENTREPRENEUR
ENTREPRENEURS
ENVIRONMENTAL
ENVIRONMENTAL REGULATION
ENVIRONMENTS
EQUILIBRIUM
EXCHANGE RATE
EXPANSION
EXTERNALITIES
EXTORTION
FINANCIAL CRISIS
FINANCIAL SECTOR
FIRMS
FOREIGN DIRECT INVESTMENT
GOVERNANCE INDICATORS
GOVERNMENT EFFECTIVENESS
GOVERNMENT OFFICIALS
GOVERNMENT POLICY
HUMAN CAPITAL
IMPORTS
INCOME
INDUSTRIAL ENTERPRISES
INVESTIGATIONS
IRREVERSIBILITY
JOB GROWTH
JUDICIAL SYSTEM
JUSTICE
LAND USE
LAWS
LAWYER
LAWYERS
LICENSING
LOAN
LOBBYING
LOCAL GOVERNMENT
MARGINAL BENEFITS
MARGINAL COSTS
MARKET COMPETITION
MARKET FAILURES
MICRO-CREDIT
MULTI-NATIONAL COMPANIES
PARTY
PENALTIES
POLICE
POLICY ACTION
POLICY ACTIONS
POLICY DOMAIN
POLICY DOMAINS
POLICY ENVIRONMENT
POLICY FORMULATION
POLICY FRAMEWORK
POLICY GOALS
POLICY IMPLEMENTATION
POLICY MAKING
POLICY OBSTACLES
POLICY OUTCOMES
POLICY PROCESS
POLICY REFORM
POLICY RESEARCH
POLITICAL ECONOMY
POLITICIAN
POLITICIANS
PREFERENTIAL
PREFERENTIAL ACCESS
PRIVATE COMPANY
PROBABILITY DISTRIBUTIONS
PROPERTY RIGHTS
PUBLIC POLICY
REGULATORY BURDEN
REGULATORY BURDENS
REGULATORY ENVIRONMENT
REGULATORY REQUIREMENTS
RULE OF LAW
SMALL BUSINESS
SMALL FIRMS
SME
SME FINANCING
STORE
TAX RATES
TAX REVENUE
WILLINGNESS TO PAY
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100526160752
http://hdl.handle.net/10986/3806

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100526160752
http://hdl.handle.net/10986/3806

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