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This paper reviews the current empirical literature on competition and market structure of Philippine industries. It shows that weak competition is one of the fundamental factors that explain limited growth, productivity, and employment in the economy. Philippine experience has shown that...
Persistent link: https://www.econbiz.de/10009365322
Previous work has shown that the results of both China and Mexicos export-led market reforms over the past quarter … century have been strikingly different. In contrast to China, Mexico has not managed to increase the value added of its … exports of manufactured goods and has subsequently had a difficult time competing with China in world markets. Building on …
Persistent link: https://www.econbiz.de/10009365144
debates on the regulation of foreign investment. Particular attention has been placed on investment by state-owned enterprises … (SOEs), driven in part by public suspicion about investment from China, which has been the largest source of SOE capital …
Persistent link: https://www.econbiz.de/10011134321
Foreign investment has played an important role in the Australian economy since the country's foundation. Part of the latest wave of foreign direct investment (FDI) in Australia has been by Chinese firms, and largely by state-owned enterprises with connections to the Chinese state. Despite the...
Persistent link: https://www.econbiz.de/10011134325
Expansion of global trade has been heralded as a great boon for agriculture. However, benefits of such expansion has been seen by some quarters as inequitable due to the role of large agribusiness firms and conglomerates. This study synthesizes existing research on the market structure of...
Persistent link: https://www.econbiz.de/10011278064
This paper endogenizes the market structure of an economy with heterogeneous agents who want to form bilateral matches in the presence of search frictions and when utility is non-transferable. We depart from standard matching models where all agents are assumed to be in a unique meeting place by...
Persistent link: https://www.econbiz.de/10009365066
Although there has been much theorising on the impact of Indias economic reforms of 1991 on Indian manufacturers, there is hardly any previous study that has taken up the task of actually asking the manufacturing firms as to what the true impact of economic reforms has been on them. In this...
Persistent link: https://www.econbiz.de/10009363558
Creation of the Council on Economic and Fiscal Policy (CEFP) made Japans economic and fiscal policy making more transparent, consistent and coherent. This new institutional arrangement accelerated structural reform and improved economic and fiscal policy making in general, thus contributing to...
Persistent link: https://www.econbiz.de/10009363693
The Indian government has taken a number of incremental measures to liberalise legal and administrative impediments to international capital movements in recent years. This paper analyses the extent to which the effectiveness of capital controls in India, measured by the domestic less net...
Persistent link: https://www.econbiz.de/10009363806
This paper presents a coherent and systematic analysis of the collapse and subsequent revival of the Central Asian Republics (CARs) since 1990. The focus is on the pattern of growth and structural change during the cycle of decline and subsequent revival in the CARs which have been inadequately...
Persistent link: https://www.econbiz.de/10009363926