a major risk for potential investors. High entry barriers lead to weak competition. Reducing the role of the state in … the economy and WTO membership should be viewed as opportunities to strengthen competition, and hence provide incentives …

(deregulation and privatisation) in the Portuguese banking sector. The main finding is that, despite a relative wage erosion …

quality of foreign accounts liberalisation, deregulation and privatisation, but in a wider context the direct and indirect …

numerous countries, the poor financial performance of nationalized firms and the recent developments of financial theory … encourage many States to sell off their companies to the private sector. After a survey of recent privatization trends in the … world and in France, as well as a presentation of the main theories in favour of privatization, this article presents the …

Privatization is an old phenomenon but with important changes for the ten last years. According to the movement …

Privatization is an old phenomenon but with important changes for the ten last years. According to the movement …

competition. This paper proposes that the remaining distribution companies be privatised with a view to raising the level of cash … regulator, and modified regulatory rules to improve risk allocations and strengthen incentives. On competition, the paper …

general business environment and a range of measures of the intensity of competition as perceived by a firm. We find that … competition has an important and non-monotonic effect on the growth of sales and of labour productivity: some degree of perceived …

in various sectors of the Danish economy. It looks at a number of indicators of the strength of competition — including … competition legislation framework. The paper then focuses on the large public sector, which has been slow to open up to … competition, partly because of regulatory restrictions but also because some local governments are too small to handle tenders and …