June 3, 2010, 6:47 p.m.
The Center for International Private Enterprise (CIPE) has released a report which discuses the importance of enforcement of laws and regulations. The report notes that a country's institutions need to be understood as being influenced by extra-institutional factors such as a country’s operating environment. While much attention has been devoted to developing nations' laws and regulations, less has been paid to making those regulations actually work in a new environment. You can access the document here.