Nicholas Bloom

The value of good management

Ask any sports fan about their favourite team and they will usually spend half the time either cursing or extolling the manager. The manager is apparently responsible for every loss, and perhaps even the occasional victory. On the other hand, many people also have an ingrained cynicism about the fads and fashions of management thinking. For example, there’s an […]

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    Well-managed Pakistani firms are more capital- intensive and more likely to export

Well-managed Pakistani firms are more capital- intensive and more likely to export

The causes and consequences of the vast differences in productivity within and across countries have been the subject of research for decades. Recently, economists have woken up to the important role of management practices in firms to explain these differences. Working with the State Bank of Pakistan and the Pakistan Bureau of Statistics, we have conducted what is to […]

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    Healthcare competition can improve management quality and save lives

Healthcare competition can improve management quality and save lives

Throughout the world, the share of national income absorbed by healthcare seems to rise inexorably. Technological progress, rising citizen expectations and an ageing population have all helped to propel this escalation in costs. In the United States, almost one dollar in every five is spent on health. In an era of budgetary austerity, policy-makers have been searching desperately for […]