Blockchain technology is giving rise to a new global system that offers great promise for
entrepreneurs and small businesses — but its potential will be stymied if government regulation hinders rather than embraces the transparency and democratization the technology offers, writes the author in this working paper.
By Paul Lagunes, Baker Institute for Public Policy; Xiaoxuan Yang, Columbia University; and Andrés Castro, Columbia University.
Corruption is a persistent problem throughout Latin America. Higher rates of perceived corruption are associated with lower levels of economic welfare and direct foreign investment, write the authors.
Paul Lagunes, Xiaoxuan Yang, Andrés CastroJuly 8, 2019