How Reform Happens
The article explores the factors influencing regulatory reforms across 189 countries from 2005 to 2022. It highlights that richer countries tend to have more successful reform attempts but with less impact per reform compared to poorer nations. The findings suggest that the approval process and the ability to compensate losers play significant roles in the success of reforms.
- ▪A data set of 3,590 regulatory reforms was analyzed to understand reform dynamics.
- ▪Richer countries are more likely to attempt and succeed in reforms, but individual reforms have less impact.
- ▪Technological reforms have a higher success rate compared to administrative or legal reforms.
Marginal Revolution files mainly under finance. We currently carry 103 of its stories.
Story provenance
Source · retrieval · rights · ranking — open for full record
inspect →
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | Marginal Revolution |
| Canonical URL | https://marginalrevolution.com/marginalrevolution/2026/04/how-reform-happens.html?utm_source=rss&utm_medium=rss&utm_campaign=how-reform-happens |
| Publication time | Tue, 28 Apr 2026 05:01:29 +0000 |
| Retrieval time | 2026-04-28T05:03:09.832Z |
| Last seen | 2026-04-28T05:03:09.832Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | VX4CFeLySRB_ |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
How Reform Happens by Tyler Cowen April 28, 2026 at 1:01 am in Political Science What determines whether and how regulations are reformed? We use a newly constructed data set of 3,590 successful and failed regulatory reforms in 189 countries, between 2005 and 2022, to address this question. We document that regulations have become more business friendly in some regulatory domains but not others. We also show that regulations are more business friendly in richer than in poorer countries, and that holding initial regulatory levels constant, richer countries also reform more.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Marginal Revolution.