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Harvard economist advocates effective government regulation


By Joel Alas

Ketels advocates state intervention as a means of preventing an economic downturn.
TALLINN - A leading Harvard economist has suggested Baltic governments need to increase business regulations to prevent the region from slipping into economic turmoil. While most governments around the world seek to trim back red tape, Baltic countries need to increase “positive” business interference to maintain growth, the economist claims.The recommendations were the result of an assessment of Baltic Sea competitiveness by Dr. Christian Ketels, a faculty member of Harvard Business School and ...

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