Do Gendered Laws Matter?
We use a 50-year panel of gendered laws for 190 countries to examine whether laws and legal change are associated with several measures of women’s...
Making furlough portable would encourage people to move into new jobs
Furlough is here to stay – in the UK, at least until March. The author argues that making part of furlough income portable would encourage people to...
Reform bankruptcy laws to save businesses from going under
Faced with the prospect of hundreds of thousands of businesses going under, the UK changed its bankruptcy laws in June. Other G7 countries that put...
COVID-19 hurt women’s employment the hardest
Changes to maternity leave and pension regulation, among other policy tools, can lessen the burden on women.
Reviving tourism in the COVID era: bungs, tax cuts and no more tour buses
Tourism has taken an enormous hit during the pandemic. Simeon Djankov (LSE) looks at some of the ways governments are trying to revive the sector –...
Moving property sales online could give developing economies a boost
In some countries, COVID-19 has prompted property transactions to move online, and in these places the market has picked up as a result. It represents...
Measuring property rights institutions
In a world of limited public capacity, which rules and institutions that protect property rights have the largest impact on economic activity? This...
Five things the French and German recovery plans have in common (and what’s missing)
France and Germany have announced big recovery plans. Simeon Djankov looks at what they have in common – and what’s missing from both.
Firms in emerging markets fall to COVID-19
Young, small, and domestic market-oriented firms are more likely to fall into financial distress.
Reform chatter and democracy
It is often argued that democracy is the least imperfect form of government mainly because of the existence of a ‘self-correcting’ mechanism stemming...
Firms in Financial Distress
We use simple accounting measures to estimate the share of private manufacturing firms in financial distress under a hypothetical scenario of losing...
Firms in Financial Distress
We use simple accounting measures to estimate the share of private manufacturing firms in financial distress under a hypothetical scenario of losing...
Reform Chatter and Democracy
We explore the dynamics of media chatter about economic reforms using text analysis from about a billion newspaper articles in 28 languages. We show...
The neighbourhood effect of reforms after crises
Countries reform when their neighbours have reformed too, especially in the aftermath of economic crises. This column examines business regulatory...
Less red tape, more local entrepreneurship and foreign direct investment: the path to recovery
More flexible business regulation encourages both the development of startups and the inflow of foreign investment, write Simeon Djankov, Dorina...
COVID-19 in Developing Economies
At the beginning of the COVID-19 pandemic, it was hoped that warm weather and younger populations would shield many developing countries from the...