In the three decades to the recent economic downturn, wage gaps widened and household income inequality as measured by GINI increased in a large majority of OECD countries. This occurred even when countries were going through a period of sustained economic and employment growth. This report...

Cover -- Half Title -- Title -- Copyright -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Part I: Competition Policy, Shared Prosperity, Poverty Alleviation, and Inclusive Growth: Empirical Evidence to Support Policy Action -- 1. Introduction -- 1.1 What Is Competition Policy? --...

Sustainable economic development has played a major role in the decline of global poverty in the past two decades. There is no doubt that competitive markets are key drivers of economic growth and productivity. They are also valuable channels for consumer welfare. Competition policy is a...