Baek, Yongchun; Jones, Randall S.; Wise, Michael - Economics Department, Organisation de Coopération et … - 2004
. Competition has an important role to play in achieving such gains. However, Korea’s development strategy has tended to weaken … competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy … industries, notably electricity and gas, have lagged behind schedule. Price distortions and the absence of independent …