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key areas: pensions, labour- and product-market regulation. Key factors in the political, economic and reform …
Persistent link: https://www.econbiz.de/10015054516
Public utility industries, once regarded as monolithic monopolies, in fact are made up of many separate activities, many of which can sustain effective competition. Experience shows that introducing competition into these industries leads to enhanced efficiency and greater innovation as well as...
Persistent link: https://www.econbiz.de/10015054715
Services liberalisation can be an emotive issue where the tertiary sector has been largely dominated by the state and where, consequently, its employees have civil-servant status. This applies as much in Asia as it has done in Europe. Despite this reality, however, it can be shown that services...
Persistent link: https://www.econbiz.de/10015054808
Most IEA countries are liberalising their electricity markets, shifting the responsibility for financing new investment in power generation to private investors. No longer able to automatically pass on costs to consumers, and with future prices of electricity uncertain, investors face a much...
Persistent link: https://www.econbiz.de/10015054824
Modernisation of service industries and the expansion of international trade have been important elements of the reform process in the Baltic States, aimed at establishing a business-friendly and pro-competitive environment for services in Estonia, Latvia and Lithuania
Persistent link: https://www.econbiz.de/10015054848
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The new regulation was introduced to the franchise market of South Korea in that an applicant who wants to be a … purpose of the regulation, it is inferred that once franchisers run their own stores, their franchisees would be better off … regulation. Along the line, this paper investigates whether franchisees would have a more likelihood to make profit in case of …
Persistent link: https://www.econbiz.de/10015054149
This paper studies the mid-September 2019 stress in U.S. money markets: On September 16 and 17, unsecured and secured funding rates spiked up and, on September 17, the effective federal funds rate broke the ceiling of the Federal Open Market Committee (FOMC) target range. We highlight two...
Persistent link: https://www.econbiz.de/10012619495