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