Aldaba, Rafaelita M. - In: Philippine Review of Economics 40 (2003) 1, pp. 27-57
This paper looks at the presence of barriers to competition that prevent domestic and international prices from … small groups. Most of all, the experience has led to the deterioration of the culture of competition in the country. While … liberalization may be a precondition for the growth of a free market, it does not, by itself, guarantee effective competition. For …