Robust and functioning markets are key for states and their citizens, particularly those in the midst of reform and transition. Market building consists of setting rules for commercial activity, supporting the growth of private business, and intervening during times of crisis. Understanding this framework, expanded market opportunities also allow governments to more effectively spend their resources and leverage capital to deliver on their mandates for sustainable change. ISE’s work focuses on developing the tools and frameworks for building integrated markets and identifying assets to support inclusive growth and development.
Confronted by set of deeply entrenched obstacles, the government of Bihar adopted a carefully structured approach to state-building. In this paper we assess the measures it took to consolidate the rule of law, build key…
Despite Nepal’s economic potential, disagreement on forming an enabling environment for business is entrenching informal and corrupt rules. This impedes licit businesses, restricting trade and investment. This article proposes how the government should partner with…
Stagnating agriculture and a declining textiles sector characterized the Gujarati economy on its 1960 creation. Poor quality infrastructure compounded the challenge. We look at the five major market-building strategies it adopted to combine investment focus…
One of the most interesting characteristics of Finland’s long-term ascent of many of the world economic and governance indicators has been how, instead of focusing on problems, it tended to adopt a pragmatic, solution-based approach.…
We explain why Karnataka is an instructive case study, containing both positive and negative lessons. In the last decade income growth has been spectacular; self-interested policy making have led it to be branded India’s most…
Why is Chile now considered a model of good governance and free-market reform? How has it moved to an open, prosperous and stable democracy and how successful has it been in moving beyond the faction…