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"Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition … tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However …, the degree of competition realized is closely related to bidders' entry decision and the auctioneer's decision on how to …
Persistent link: https://www.econbiz.de/10011394147
"Calderán and Serven provide an empirical evaluation of the impact of infrastructure development on economic growth and income distribution using a large panel data set encompassing over 100 countries and spanning the years 1960-2000. The empirical strategy involves the estimation of simple...
Persistent link: https://www.econbiz.de/10010522934
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Investment commitments to infrastructure projects with private participation grew in 2005, but the number of infrastructure projects reaching financial closure fell, according to just-released data from the Private Participation in Infrastructure Database
Persistent link: https://www.econbiz.de/10012556132
Persistent link: https://www.econbiz.de/10011393741
"Under the traditional "competition-fragility" view, more bank competition erodes market power, decreases profit … margins, and results in reduced franchise value that encourages bank risk taking. Under the alternative "competition … suggest that - consistent with the traditional "competition-fragility" view - banks with a greater degree of market power also …
Persistent link: https://www.econbiz.de/10010521063
Competition can drive productivity growth in Kosovo, especially in the context of the post-Coronavirus disease 2019 … recover from economic shocks more quickly. Competition in product markets can also prop-up economic recovery in a more … inclusive way for the poorest households. Kosovo has made significant progress towards pro-competition regulation of product …
Persistent link: https://www.econbiz.de/10013545583