Tomić, Deša Mlikotin; Božina, Marta - Ekonomski Fakultet, Sveučilište u Zagrebu - 2007
This paper examines the impact of regulation on market competition and market performances. It analyses the importance … of strict financial regulation for a well performing economy. Heavy regulation decreases market flexibility, vital in the … possibility of avoiding legal rules, and operate in a informal manner. At the same time regulation is necessary to enable …