"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 …

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 …

performance of democracy is rather independent of the circumstances. However, democracy leads to more redistribution in favor of …

"The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be … economic institutions. The results provide robust support for the claim that democracy is good for growth-enhancing reforms …