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Strengthening Argentina's Integration into the Global Economy
  • Language: en
  • Pages: 173

Strengthening Argentina's Integration into the Global Economy

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 relevant are trade, investment, and competition policies. They all share a common attribute: the capacity to shape the incentives of firms to improve resource allocation and to strengthen productivity while integrating into international markets. Once properly combined, investment, trade, and competition polices have mutually reinforcing relationships in the sense that growth dividends stemming from re...

A Step Ahead
  • Language: en
  • Pages: 275

A Step Ahead

Sustainable economic development has played a major role in the decline of global poverty in the past two decades. There is no doubt that competitive markets are key drivers of economic growth and productivity. They are also valuable channels for consumer welfare. Competition policy is a powerful tool for complementing efforts to alleviate poverty and bring about shared prosperity. An effective competition policy involves measures that enable contestability and firm entry and rivalry, while ensuring the enforcement of antitrust laws and state aid control. Governments from emerging and developing economies are increasingly requesting pragmatic solutions for effective competition policy implem...

Combating Cartels in Developing Countries
  • Language: en

Combating Cartels in Developing Countries

  • Type: Book
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  • Published: 2013
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  • Publisher: Unknown

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 and low incentives to innovate. At the same time, tough cartel enforcement is an effective tool for reducing the adverse effects of anticompetitive behavior (Symeonidis 2008). Moreover, evidence suggests that international cartels target countries without cartel enforcement (Clarke and Evenett 2002). Evenett, Levenstein, and Suslow (2001), who analyzed a sample of 40 international cartels in the 1990...

Deep Versus Shallow PTAs
  • Language: en

Deep Versus Shallow PTAs

  • Type: Book
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  • Published: 2020
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  • Publisher: Unknown

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 barriers to trade. Active competition among market players has the potential to mitigate vested interests and facilitate the opening of markets to trade and investment. Greater competition within national markets reinforces international competitiveness of potential exporters through increased incentives to foster productivity, innovation and efficiency. Additionally, international trade reinforces co...

A Step Ahead
  • Language: en
  • Pages: 245

A Step Ahead

  • Type: Book
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  • Published: 2017
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  • Publisher: Unknown

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Competition Policy
  • Language: en

Competition Policy

  • Type: Book
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  • Published: 2013
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  • Publisher: Unknown

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. Policies that help open markets and remove anti-competitive regulations can promote competition, resulting in lower prices and better deals for consumers and firms. And effective enforcement of competition rules across sectors - rather than the pure existence of competition laws - makes a difference in the impact of competition policies.

Exclusive Contracts and Tie-Ins
  • Language: en

Exclusive Contracts and Tie-Ins

  • Type: Book
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  • Published: 2013
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  • Publisher: Unknown

This article presents vertical restraint cases analyzed under the Peruvian competition law and discusses alternative approaches based on best practices.

Capital Adequacy Requirements and Peruvian Bank's Responses
  • Language: en
  • Pages: 32
Mission and Money
  • Language: en
  • Pages: 525

Mission and Money

Mission and Money goes beyond the common focus on elite universities and examines the entire higher education industry, including the rapidly growing for-profit schools. The sector includes research universities, four-year colleges, two-year schools, and non-degree-granting career academies. Many institutions pursue mission-related activities that are often unprofitable and engage in profitable revenue raising activities to finance them. This book contains a good deal of original research on schools' revenue sources from tuition, donations, research, patents, endowments, and other activities. It considers lobbying, distance education, and the world market, as well as advertising, branding, and reputation. The pursuit of revenue, while essential to achieve the mission of higher learning, is sometimes in conflict with that mission itself. The tension between mission and money is also highlighted in the chapter on the profitability of intercollegiate athletics. The concluding chapter investigates implications of the analysis for public policy.

The Business of the State
  • Language: en
  • Pages: 229

The Business of the State

The state, as an owner of businesses, competes and collaborates with the private sector, and this involvement has profound implications for investment and growth. Governments actively participate in commercial markets in different forms, from controlling the production of goods and services to investing in firms as a minority shareholder. The impact of state participation on an economy's growth depends on the type of public-private ownership, the types of markets, and the importance of those markets in the economy. The impact also depends on how policies and institutions regulate both the businesses with state ownership and the markets in which they are active. The Business of the State uses...