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improvements in the regulation of telecoms would do much to further improve the business climate. The governance of public … recurrent cuts in shipments of natural gas from Argentina since 2004 have put additional strain on regulation in the electricity …
Persistent link: https://www.econbiz.de/10012442893
This paper provides a revised measure of regulatory restrictions on inward foreign direct investment (FDI)for OECD countries and extends the approach to 13 non-member countries. The methodology is largely similar to that adopted in the previous version of the OECD indicator and covers three...
Persistent link: https://www.econbiz.de/10012442991
Much scope remains to make regulation of product markets more conducive to competition ? notwithstanding progress in … objectives in energy market regulation could be achieved at lower cost. In the telecommunications industry, competition in the … local loop can be strengthened. Regulation of the liberal professions is among the most restrictive in the OECD. Entry …
Persistent link: https://www.econbiz.de/10012443967
This paper assesses Brazil’s regulatory framework and agencies for several network industries (electricity, oil and gas, and water and sanitation). Private investment can be encouraged by tackling regulatory uncertainty in many areas. To this end, recent initiatives include a new regulatory...
Persistent link: https://www.econbiz.de/10012444125
The economic crisis in the early 1990s prompted action on reforming the Swedish welfare state and its institutions, including deregulation of a wide range of product markets. In that way, Sweden took early action compared to other OECD countries currently struggling with how to make public...
Persistent link: https://www.econbiz.de/10012444481
This paper uses the OECD’s indicators of product market regulation (PMR) to assess the extent to which the regulatory … restrictive, which provides considerable scope for reaping gains from bringing regulation into line with international best …
Persistent link: https://www.econbiz.de/10012444520
the United States, is that the heavy regulation of Europe reduces its growth. Using newly assembled data on regulation in … several sectors of many OECD countries, we provide substantial and robust evidence that various measures of regulation in the …
Persistent link: https://www.econbiz.de/10012444698
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to strengthen competition, entrepreneurship and innovation would go a long way toward enhancing it. Recent competition policy reforms that strengthen enforcement of cartel law must now be...
Persistent link: https://www.econbiz.de/10012444731
While several sectors in the economy have been deregulated, the Swedish housing market remains distorted, hindering an optimal matching of supply and demand. In the rental market the rent setting framework with its focus on cost-based rents in the public sector prevents a price response, leading...
Persistent link: https://www.econbiz.de/10012444856
This paper examines whether regulation that is more conducive to competitive and efficient financial systems has a … external sources of funding tend to grow faster in countries that have more competition-friendly regulation in markets for … on regulations in banking and securities markets. They point to substantial variations in the stance of regulation across …
Persistent link: https://www.econbiz.de/10012444857