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The objectives of this study are to develop a taxonomy of the existing power market structures, as shown by the extent of vertical and horizontal unbundling found among restructured power systems, across developing countries; to design an analytical framework for assessing the desirability of...
Persistent link: https://www.econbiz.de/10012561026
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"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
"For decades the world's agricultural markets have been highly distorted by national government policies, but very differently for different commodities. Hence a weighted average across countries of nominal rates of assistance or consumer tax equivalents for a product can be misleading as an...
Persistent link: https://www.econbiz.de/10011394158
"Despite recent reforms, world agricultural markets remain highly distorted by government policies. Traditional indicators of those price distortions can be poor guides to the policies' economic effects. Recent theoretical literature provides indicators of trade and welfare-reducing effects of...
Persistent link: https://www.econbiz.de/10011394159
"The binding of tariff rates and adoption of the General Agreement on Tariffs and Trade/World Trade Organization-sanctioned safeguards and antidumping mechanisms provided the basis to remove a multitude of instruments of protection in the Latin American countries discussed in this paper. At the...
Persistent link: https://www.econbiz.de/10010521079
"The authors provide estimates of the impact that removing all merchandise trade distortions (including agricultural subsidies) would have on food and agricultural production, trade, and incomes. Using the latest versions of the Global Trade Analysis Project (GTAP) database and the World Bank's...
Persistent link: https://www.econbiz.de/10010522464
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