Michela Giorcelli on the Impact of Management on Productivity

Good managerial practices may help nations and firms increase productivity by rearranging existing resources into more efficient production processes. On the contrary, mismanagement---due to rent-seeking or out of pure neglect---can squander any growth opportunity. Understanding what good management entails and how can firms and countries achieve it is as crucial as ever. Today, Michela will talk to us about it.