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Economic development

The impact of regulation on economic growth in developing countries: a cross-country analysis (pdf 194kb)

This article assesses through econometric modelling the impact of variations in the quality of regulation on economic performance. Findings confirm that ''good'' regulation is associated with a higher economic growth.

The role of an effective regulatory regime in promoting economic growth and development has generated considerable interest among researchers and practitioners in recent years. In particular, building effective regulatory structures in developing countries is not simply an issue of the technical design of the most appropriate regulatory instruments. It is also concerned with the quality of supporting regulatory institutions and capacity.

 

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