Showing 1 - 10 of 50
From the mid-1980s, New Zealand was widely considered to be a leader in liberalising product market regulation (PMR). However, the reform of PMR has lost momentum over recent years. Many areas of PMR are still consistent with best practice, but New Zealand is no longer assessed to be at the...
Persistent link: https://www.econbiz.de/10009195420
Regulatory reform efforts in a broad range of industries have resulted in increased importance of competitive forces as a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been stronger in the United States than in most other OECD...
Persistent link: https://www.econbiz.de/10005045769
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate high concentration in many markets, and preventing...
Persistent link: https://www.econbiz.de/10005045834
The paper uses an original international database on regulation, market structure and performance in the telecommunications industry to investigate the effects of entry liberalisation and privatisation on productivity, prices and quality of service in long-distance (domestic and international)...
Persistent link: https://www.econbiz.de/10005045975
In this paper, we relate the scope and depth of regulatory reforms to growth outcomes in OECD countries. By means of a new set of quantitative indicators of regulation, we show that the cross-country variation of regulatory settings has increased in recent years, despite extensive liberalisation...
Persistent link: https://www.econbiz.de/10005046173
The Internet has become an integral part of the everyday life of households, firms and governments. Its proper … Internet depends on its openness and the confidence of users. Designing policies that protect society while allowing for … Internet’s great economic potential to be fulfilled, is a difficult task. This paper investigates this challenge and takes …
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
This paper investigates the role played by deregulation on firms’ investment decisions in infrastructure sectors. The analysis covers the period 1980-2006, which was characterised by increased liberalisation and privatisation across OECD countries. We assess the relationship of different...
Persistent link: https://www.econbiz.de/10009322440
In the 2000s, Turkey has enjoyed rapid catching–up. This was possible despite the adverse business environment, as the semi–formal and informal economy had a significant contribution to the expansion of the private sector. Productivity growth was strong, but labour utilisation remained very...
Persistent link: https://www.econbiz.de/10008752419
As a result of reforms and financial sector development, the People’s Bank of China (PBoC) now exerts significant control over money market interest rates. With money market conditions increasingly influencing effective commercial lending rates, the PBoC is also able to affect the cost of...
Persistent link: https://www.econbiz.de/10008764467