Deals versus Rules: Policy Implementation Uncertainty and Why Firms Hate It

Mary Hallward-Driemeier, Gita Khun-Jush, Lant Pritchett

NBER Working Paper No. 16001
Issued in May 2010

---- Acknowledgements -----

We would like to thank the NBER for support via the Africa Project. We would like to thank Bill Battaile, Asli Demirguc-Kunt, Ahmed Galal, Ricardo Hausmann, Marialisa Motta, Stephen O’Connell, Rita Ramalho, James Robinson, Dani Rodrik, Luis Serven, Andrei Shleifer, Sylvia Solf and David Weil for conversations that were, perhaps unbeknownst to them, helpful and to Dan Willey for motivation on this topic. Mamadou Bady Balde provided the materials on Rwanda. The views expressed here do not necessarily represent the views of the World Bank, its Executive Directors, or the National Bureau of Economic Research.

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