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This paper seeks to examine how locking-in of Pakistans unilateral liberalization at the WTO/GATS and further liberalization of services trade would affect Pakistans competitiveness. Focusing on the opportunities and risks of such liberalization the paper discusses possible options regarding the...
Persistent link: https://www.econbiz.de/10009363439
, competition and the reform of state regulation are key themes of donor aid programmes, notably those of the World Bank. This paper … provides an econometric assessment of the effects of privatisation, competition and regulation on the performance of the … generating sector and capacity utilisation. The main conclusions are that on their own privatisation and regulation do not lead …
Persistent link: https://www.econbiz.de/10009363506
of prudential regulation, and continued financial market development practiced by most Asian EMEs over the past …
Persistent link: https://www.econbiz.de/10009363976
Persistent link: https://www.econbiz.de/10009365310
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
markets and better domestic and international regulation is a necessary prerequisite for full convertibility. The direction of …
Persistent link: https://www.econbiz.de/10009365400
markets and better domestic and international regulation is a necessary prerequisite for full convertibility. The direction of …
Persistent link: https://www.econbiz.de/10009365446
Lucas (1976) argued that interventionist policies in macroeconomics may fail because the policies themselves affect the optimal behavior of private agents and hence the associated response parameters. We extend Lucas's argument and propose that a highly controlled and regulated environment leads...
Persistent link: https://www.econbiz.de/10009365515
European countries that had moved away from nuclear energy or frozen the construction of new nuclear power plants have begun to return to the construction due to their pursuit of low-carbon electricity sources, energy security and requirements for replacements for existing nuclear plants....
Persistent link: https://www.econbiz.de/10009365561
debates on the regulation of foreign investment. Particular attention has been placed on investment by state-owned enterprises …
Persistent link: https://www.econbiz.de/10011134321