Tourism, trust and unequal pay: recapping the IGC-SCID conference on ‘firms, trade and development’

Firm productivity and trade are well established indicators of economic growth and development. Despite this, there remain significant questions around which elements of firm organisation and market structures are the most conducive to encouraging scale and integration of firms into high-value global supply chains. Understanding the conditions that support productivity and trade will allow the forces of globalisation to be more effectively harnessed for growth in emerging markets. Today’s blog looks at three innovative studies presented at Stanford University that offer insights into the effects of tourism, managerial trust, and perceptions of pay inequality on firm productivity.