Increasing productivity through structural changes in firms’ capabilities, the functioning of markets, and how firms interact with world markets.
The IGC aims to work with firms in developing countries so they can more effectively provide products and services to local and world markets. First, we look at improving the capabilities of poorly managed firms by means such as networking opportunities, information about improved technologies, and access to skilled labour and electricity. Second, we examine how markets function, including government industrial policy and policy around competition. Third, we work on the interaction of domestic firms with world markets, including the effects of trade on market function, knowledge and adoption of best practices, and domestic income inequality.