Integration into global markets can improve the efficiency of the Argentinian economy, providing opportunities for private investment to flourish and for the associated benefits to accrue to consumers. Among many policies that are important for integrating into the global economy, particularly...

This paper describes how different policy distortions have been impeding better integration of Brazil's external and internal product markets and discusses how these distortions have prevented domestic firms from benefiting from multiple sources of efficiency gains. The paper first focuses on...

Renewable energy is a viable, cost-effective way to provide power to rural and remote areas, lower electricity generation costs over time, and reduce costly power outages. Renewable energy technologies could benefit the nearly 1.5 billion people who lack electricity access — 85 percent of whom...

A recent literature review conducted by the World Bank provides evidence that there are significant gains from combating cartels for developing countries (Kitzmuller and Martinez Licetti, 2012). Besides increasing the cost of goods and services, cartels are associated with low labor productivity...

A literature review shows that competition policy reforms allow markets to work more efficiently for the benefit of consumers and drive sustainable economic growth. Three main insights emerge: Greater market competition matters for achieving greater innovation, productivity, and economic growth....

Even though many countries have opened to trade, markets in developing economies oftenunderperform due to anticompetitive behavior and restrictive regulatory frameworks by a fewdominant players. Effective competition policies offer a tool to complement and support governments' efforts to reduce...

Even though many countries have opened to trade, markets in developing economies oftenunderperform due to anticompetitive behavior and restrictive regulatory frameworks by a fewdominant players. Effective competition policies offer a tool to complement and support governments’ efforts to...