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A step ahead : competition policy for shared prosperity and inclusive growth /
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 to...
| Clasificación: | Libro Electrónico |
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| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington DC :
World Bank Group,
[2017]
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| Colección: | Trade and development series.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | 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 implementation, as well as recommendations for pro-competitive sectoral policies. This publication puts forward a research agenda that advocates the importance of market competition, effective market regulation, and competition policies for achieving inclusive growth and shared prosperity in emerging and developing economies. It is the result of a global partnership and shared commitment between the World Bank Group and the Organisation for Economic Co-operation and Development (OECD). Part I of the book brings together existing empirical evidence on the benefits of competition for household welfare. It covers the elimination of anticompetitive practices and regulations that restrict competition in key markets and highlights the effects of competition on small producers and employment. Part II of the book focuses on the distributional effects of competition policies and how enforcement can be better aligned with shared prosperity goals. |
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| Notas: | "This publication has been prepared by the World Bank Group in partnership with the Organisation for Economic Co-operation and Development (OECD). The Competition Policy Cluster of the Trade and Competition Unit, World Bank Group Trade and Competitiveness Global Practice, led the preparation of this publication, in close coordination with the Competition Division of the OECD Directorate for Financial and Enterprise Affairs. The Markets and Institutions Global Solutions Group of the World Bank Group Poverty Global Practice also provided substantial inputs and reviewed the papers showcased in this publication."--Acknowledgements. |
| Descripción Física: | 1 online resource (xvi, 225 pages) : illustrations, maps |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9781464809460 1464809461 |