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Reversing the “Resource Curse” with Foreign Corruption Regulation

Thomas Rauter
Anti-corruption regulation originating in developed countries is effective in changing corporate behavior and has a positive economic impact on developing countries. Countries with large natural-resource endowments are often...
Covid-19

The Covid-19 Vaccine is Nearly Here. The Question is: Will People Take It?

Barry Eichengreen
In addition to the challenges involved in manufacturing and distributing the new Covid vaccine from Pfizer, the reluctance of many Americans to take a...
News

The “Turbulent Twenties” Are Just Beginning

Jana Kasperkevic
Years ago, two academics predicted that an increase in economic inequality would lead to a period of political instability in 2020. Since then, the...
Covid-19

Covid-19 Is Reducing Americans’ Confidence Across Institutions

Marianne Bertrand
Latest US household survey findings reveal that the Covid-19 crisis caused a sharp reduction in Americans’ confidence in institutions—whether or not they were directly...
Covid-19

Defying Expectations, Bankruptcy Filings Are Down During the Covid-19 Crisis So Far

Jialan Wang
Historically, bankruptcy filings have closely tracked the business cycle and unemployment rates. However, a recent study found that this relationship has reversed during the...
Monetary Policy

Central Bankers Face Potential Conflict of Interest When Writing About QE Policies

Elisabeth Kempf
As Quantitative Easing makes a return during the global Covid-19 pandemic, its effectiveness has once again come under intense debate in both academic and...
Covid-19

Regulators Should Keep a Close Eye on the Little Guys in the Race for a Covid-19 Vaccine

Jérôme Adda
As the race to find a Covid-19 vaccine or treatment rages on, many have raised concerns over trustworthiness of clinical research and questioned whether...
News

Pursuing Stakeholder Capitalism Is an Impossible Task When Stakeholders Have Different Beliefs

Marc Painter
Can companies really attempt to benefit all stakeholders, when stakeholders rarely agree on the best course of action? A new study examines Walmart’s 2019...

The Illusory Promise of “Stakeholderism”: Why Embracing Stakeholder Governance Would Fail Stakeholders

Lucian Bebchuk
Stakeholderism—granting corporate leaders discretion to give weight to the interest of all stakeholders—should not be expected to deliver its purported benefits to stakeholders. Furthermore,...
Antitrust and Competition

Competition in Digital Markets: What Have We Learned So Far?

Filippo Lancieri
A new Stigler Center working paper systematically analyzed and summarized 21 reports issued by 17 antitrust authorities and expert panels on the subject of...
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