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We're not excusing that ad or any other policy distortions.
Policy distortions and financial frictions are two leading candidates in generating capital misallocation.
Markets were not well developed because of lack of competition, policy distortions, entry barriers and poor regulation.
We examine how the elimination of all agricultural policy distortions in all trading countries might influence agricultural production decisions and subsequently affect environmental quality in the United States.
Using the counterfactual MRPK from a matching procedure, some popular hypotheses on what drive the policy distortions are tested in the matched samples.
For now, Curaçao seems ready to continue hosting American airmen deemed adversaries of Mr. Chávez, while still comfortably exploiting some of the policy distortions put into motion in its oil-rich neighbor, like the multiple exchange rates that recently drove large numbers of Venezuelans here to profit from illegal schemes to obtain hard currency.
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Universities would have equally strong reasons to complain about any policy distortion that might keep Americans away from graduate study in S&E fields".
After all, hawala thrives on restrictive economic policies, distortions in payment schemes, and weak foreign exchange systems.
China is getting old before it has got rich.The policy's distortions have also contributed to other horrific features of family life, notably the practice of aborting female fetuses to ensure that the lone child is a son.
It has set the community of nations back at least 62 years and restores the concept of war of choice as a legitimate means of foreign policy, a distortion of international law that, if the American and British position were accepted, would encourage other "wars without end".
Much of the water extraction in agriculture is driven by policy-induced distortions that affect agricultural inputs and outputs and water pumping costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com