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This chapter provides a comparative perspective of competition policy and monetary policy. Monetary policy and … competition policy are two key components of public policies needed for a market economy to function well, and indeed to exist … competition policy compared is that they both serve in different ways the same objective, or at least they have one objective in …
Persistent link: https://www.econbiz.de/10014397223
This technical note analyzes the competition in the banking sector in Denmark. It reveals that Denmark has a fairly …
Persistent link: https://www.econbiz.de/10011244565
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …
Persistent link: https://www.econbiz.de/10005769248
It is widely perceived that competition in the Indian banking sector has increased since the inception of the financial … competitive conditions and earns revenues as if under monopolistic competition …
Persistent link: https://www.econbiz.de/10014400691
Conceptual ambiguities and statistical weaknesses hamper the assessment of external competitiveness. The term competitiveness, while applied extensively, is often imprecisely defined, which can result in analytical errors and mistaken policy advice. Furthermore, aggregate statistical measures of...
Persistent link: https://www.econbiz.de/10014396613
The paper assesses the degree of banking competition and efficiency in Italy?over time as well as compared to that in … other countries, such as France, Germany, Spain, the United Kingdom, and the United States. The paper finds competition in …. The degree of competition falls within the range of estimates for a set of comparator countries. Greater contestability …
Persistent link: https://www.econbiz.de/10014400137
This paper analyzes competitiveness in the Baltics in the run-up to European Union accession. Several factors appear to have driven movements in equilibrium real exchange rates in the Baltics since the start of the transition process. In the earlier years of transition, price liberalization,...
Persistent link: https://www.econbiz.de/10014407140
competition in the banking sector. In spite of significant gains in efficiency made in recent years, operational costs and …
Persistent link: https://www.econbiz.de/10014407263
This 2007 Article IV Consultation highlights that the lengthy expansion brought the Australian economy to a position of near full employment. Inflation had eased in late 2006 and early 2007, but accelerated in the second quarter. The current account deficit was 5½ percent of GDP in 2006. The...
Persistent link: https://www.econbiz.de/10011244612
This Selected Issues paper on Serbia’s Article IV Consultation reviews the precrisis growth paradigm and its legacy vulnerabilities. The underlying growth model proved vulnerable to shocks, being associated with a high share of nontradable, low domestic savings, and a fragile external...
Persistent link: https://www.econbiz.de/10011244903