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The European Commission and its member states are wrestling with the problem of how to implement the scheduled liberalization of the postal sector while maintaining the service obligation. This book addresses some of these concerns. It is comprised of essays chosen from those presented at the...
Persistent link: https://www.econbiz.de/10013520677
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012287328
contracts literature hold up to recent empirical evidence. Guided by theory, we arrange services according to the type and …
Persistent link: https://www.econbiz.de/10012022711
This paper yields a rationale for why subsidized public banks may be desirable from a regional perspective in a financially integrated economy. We present a model with credit rationing and heterogeneous regions in which public banks prevent a capital drain from poorer to richer regions by...
Persistent link: https://www.econbiz.de/10010373500
Persistent link: https://www.econbiz.de/10012821995
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
competition is important for promoting economic growth. Recognising the benefits of competition, the government wants to introduce … regulatory reforms to stimulate economic growth. However, the promotion of competition has often conflicted with other policy … competition in a number of sectors, resulting in high prices, weak innovative activity and inefficient resource allocation …
Persistent link: https://www.econbiz.de/10012444401
. Available cross-country evidence suggests that enhancing competition is an important means to improve economic performance …. France is catching up with best practice in competition policy reform. However, other policy considerations often hamper the … emergence of effective competition. Relatively weak competitive pressures remain in a number of sectors, particularly in …
Persistent link: https://www.econbiz.de/10012445441
competition among public and private suppliers. The paper lays out an analytical framework identifying the inherent incentive and …
Persistent link: https://www.econbiz.de/10012445450
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of … competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building … on neo-institutional theory in sociology, we argue that the domestic adoption of market-oriented reforms is strongly …
Persistent link: https://www.econbiz.de/10005784793