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selected stability and competition outcomes in these sectors. Based on survey information on financial market regulation …-oriented regulatory policies and competition in banking and insurance.<P>Régulation prudentielle et concurrence sur les marchés financiers …This paper examines how a range of stability-oriented regulatory policies for banking and insurance are related to …
Persistent link: https://www.econbiz.de/10008498028
capacity and waste of public money. A more level playing field would bring about efficiency-enhancing competition by private … to keep up the sustained growth of productivity. Reforms that enhance competition in product markets are among those that … competition is developing in some segments. Digitalisation is a promising candidate to lift China’s long-term growth potential …
Persistent link: https://www.econbiz.de/10013278668
regulation can encourage competition, efficiency and investment in those segments of the service industries where non …The paper looks at patterns of regulation in service industries and explores their implications for service performance …. Focusing on restrictions to market mechanisms, a map of the state of service regulation in OECD countries is provided, based on …
Persistent link: https://www.econbiz.de/10012446449
This paper discusses the current state of product market competition in Iceland, including the legal and regulatory … framework, and suggests directions for further improvement. Given the size of the economy, efficiency considerations dictate … competition law since the early 1990s have strengthened competitive forces in many sectors of the economy, and proposed amendments …
Persistent link: https://www.econbiz.de/10012442998
This paper examines the strength of product market competition and economic performance in Canada and discusses way in … which the institutional framework governing competition policy could be improved. Competitive forces are comparatively … strong and administrative and economic regulations inhibiting competition are amongst the lowest in the OECD countries …
Persistent link: https://www.econbiz.de/10012444013
Empirical work shows that competition is important for promoting economic growth. However, in Japan the promotion of … competition has long been compromised by ministerial guidance and exemptions from the competition law. Thus, the level and growth … Japanese economy had difficulty in coming out of the quasi-stagnation of the past decade. Recognising that gains from more pro-competition …
Persistent link: https://www.econbiz.de/10012444046
Russia in 2003 embarked on the restructuring of its electricity sector. The reform is intended to introduce competition … will encourage both investment in new capacity and greater efficiency of both production and consumption. The overall … characterised by real competition based on economically meaningful prices. There are two dangers here. The first is that private …
Persistent link: https://www.econbiz.de/10012444056
a means to allocate resources and improve economic efficiency. A number of indicators suggest that such forces have been … policies, a number of challenges remain. Although there are few sectors of the economy from which competition policy and law … competition enforcement. Intellectual property rights create special challenges for competition policy and some problems have …
Persistent link: https://www.econbiz.de/10012444089
. 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 …
Persistent link: https://www.econbiz.de/10012444204
endemically weak domestic competition, though the country’s relatively low productivity among domestic business likely signals … some sheltering from international competition. The generally healthy level of competition is partly because competition … the competition authority. And, it is suggested that sanctions against individuals in hard-core cartel cases are …
Persistent link: https://www.econbiz.de/10012444274