Book Details

Competition Policies in Emerging Economies

Publication year: 2008

ISBN: 978-0-387-78433-5

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Do small developing economies, or SDEs, need a specific competition policy to create competitive markets? Against the backdrop of globalization, protectionist policies that promote state ownership and heavy regulation of key industries are proving increasingly ineffective for driving growth. Countries around the world are instituting reforms to promote competition and business creation, yet the economic and political concentration of power, feeble judicial systems, and the scarcity of human and financial resources pose special challenges to SDEs. Competition Policies in Emerging Economies features an in-depth analysis of two strategic industries—telecommunications and banking—in several Central American nations which sheds light on the dynamics of the transition to deregulation and trade liberalization. Examining the lessons learned from these experiences and presenting discussion of political, legal, economic, financial, cultural, and organizational issues, the book provides unique perspectives on competition policy and economic development.

Subject: Business and Economics, Banking, Business Creation, Central America, Competition Policy, Deregulation, Economic Development, Economic Policy, Economic Reform, Financial Services, Latin America, Mexico, Privatization, Regulation, Telecommunications, Trade Liberalization