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The strength of product market competition plays an important role in economic growth as it affects economic efficiency and the allocation of resources, and can also lead to improved labour market performance. This paper examines product market competition and economic performance in the...
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The paper by Gjersem notes that in Norway revenues from the petroleum sector have reached their peak and will slowly dwindle over the coming decades while, at the same time, population ageing will put an upward pressure on pension and health care costs (as in most other OECD countries). Against...
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The establishment of competitive markets has been one of the cornerstones Hungarian economic policy over the past decade, alongside a successful strategy of attracting foreign investment. Broad statistical measures show no signs of endemically weak domestic competition, though the country’s...
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