a high level of competition. What a country produces and how much it competes domestically and internationally are … important for achieving fair and inclusive markets. We explore policy options to steer industrial and market structures toward …

We provide an overview of the theories and empricial evidence on the complex relationship among innovation, competition …, and inclusive growth. Competition and innovation-led growth are critical to drive productivity gains and support broad … marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new …

We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis … competition at the industry level lead to higher realized systemic risk. The results suggest that the use of securitization …

In this paper we study how competition and financial soundness affect financial inclusion in Sub-Saharan Africa (SSA …). We use detailed individual-level survey data, combined with key country-level indicators of bank competition and …, and bank loans). We find that more competition tends to increase the probability of access to these financial products. On …

This paper seeks to evaluate efficiency and competition dynamics of the Kenyan banking sector for the period 2001 … sector; secondly, we apply Panzar-Rosse, H-statistics model to assess competition in the banking sector; thirdly we introduce … competition. The study findings indicate efficiency was on an upward trend and averaging at 69 percent. The results also indicate …

Financial liberalization and globalization have enhanced competition in the banking sector with profound implications … for stability. Positively, competition has had obvious benefits including increased efficiencies, continuous financial … innovations and accelerated financial inclusion. However, to certain levels, competition may increase risk taking by banks where …

more concentration. In this regard, we investigate the role of capital requirements on bank competition and stability in … competition in Kenya's banking industry. Our estimations of both the Lerner index and the H statistic seem to suggest that … competition in the Kenyan banking sector has declined over the study period. In investigating the role of capital requirements on …