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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 …
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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 …
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"Competition in public procurement auctions in the water supply and sanitation sector is largely limited. This is … important policy choice for auctioneers to achieve efficiency. In general, there is a tradeoff between competition in auctions … competition. Using data on public procurement auctions for water and sewage projects in developing countries, this paper shows …
Persistent link: https://www.econbiz.de/10011394148
"Limited competition has been a serious concern in infrastructure procurement. Importantly, however, there are normally … development projects in developing countries and examines why competition ends up restricted. It shows that bidders are self …-selective and auctioneers also tend to limit participation depending on the size of contracts. Therefore, limited competition would …
Persistent link: https://www.econbiz.de/10011394149
This report examines the potential use of auctions as a price discovery mechanism facilitating accelerated decommissioning of the global coal fleet. Despite widespread recognition of coal power's significant negative impact on climate and health as well as the urgency of acting in response to...
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