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competition is important for promoting economic growth. Recognising the benefits of competition, the government wants to introduce … regulatory reforms to stimulate economic growth. However, the promotion of competition has often conflicted with other policy … competition in a number of sectors, resulting in high prices, weak innovative activity and inefficient resource allocation …
Persistent link: https://www.econbiz.de/10005045589
. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken … competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy …
Persistent link: https://www.econbiz.de/10005045925
considerable and cross-country empirical evidence suggests that enhancing competition is an important means of achieving this …. Structural reforms to strengthen competition in the early 1990s did boost growth and were also ahead of similar developments in … the EU. However, indicators suggest that relatively weak competition remains in a number of sectors. Moreover, potential …
Persistent link: https://www.econbiz.de/10005045936
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10005045937
. Available cross-country evidence suggests that enhancing competition is an important means to improve economic performance …. France is catching up with best practice in competition policy reform. However, other policy considerations often hamper the … emergence of effective competition. Relatively weak competitive pressures remain in a number of sectors, particularly in …
Persistent link: https://www.econbiz.de/10005046087
The Internet has become an integral part of the everyday life of households, firms and governments. Its proper functioning over the long run is therefore crucial for economic growth and people’s wellbeing more generally. The success of the Internet depends on its openness and the confidence of...
Persistent link: https://www.econbiz.de/10011276839
In the 16 years since the OECD began conducting Economic Surveys of the Russian Federation, a great many policy recommendations relating to structural reform and framework conditions have been made. This paper, expanding on Annex 1.A1 in the 2011 OECD Economic Survey of the Russian Federation,...
Persistent link: https://www.econbiz.de/10009394360
environment in Russia supports competition and to draw attention to the areas where further reform efforts would pay dividends … the scope for competition. However, ongoing work needs to focus on separating competitive and monopoly market segments and … regulators. Introducing an overarching competition policy would also help bring the issue of competition to centre stage and …
Persistent link: https://www.econbiz.de/10008498026
The strength of product market competition plays an important role in economic growth as it affects economic efficiency … market competition and economic performance in the European Union. The Community’s competition rules, which apply whenever …’s Directorate General for Competition, and complement national competition legislation. Reforms have been adopted recently to …
Persistent link: https://www.econbiz.de/10005045597
endemically weak domestic competition, though the country’s relatively low productivity among domestic business likely signals … some sheltering from international competition. The generally healthy level of competition is partly because competition … proceed via the competition authority. And, it is suggested that sanctions against individuals in hard-core cartel cases are …
Persistent link: https://www.econbiz.de/10005045724