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Ana Paula Martinez

    Competition Policy in Developing Societies
    Old Cupar
    • Old Cupar

      • 48 pages
      • 2 hours of reading

      All the main streets including the Bonnygate, Crossgate and St Catherine Street are featured in this book, along with many pictures covering social history subjects such as the fair, floods, markets, the jail, the barracks and Houston's Hillside Foundry. There are half a dozen photos from the First World War era including ones showing Voluntary War Workers and billeted Polish troops. The human interest pictures are the strength of this title and convey a real feel for the atmosphere of the town in the 1900 to 1920 period.

      Old Cupar
    • Competition is fundamental to boost productivity and innovation, which in turn is the key driver of sustainable growth and development. A dynamic and competitive environment can result from a different set of competition policies, having an impact over market structure, business behavior, and economic performance. As the author demonstrates, most of these policies are beyond the realm of the traditional toolbox of antitrust regimes. From a development perspective, the impact of institutional reforms on the capability of developing economies to boost total factor productivity should take priority over other reforms that have little impact on long-term economic performance. As discussed by the author, there is no single approach, and the adopted policies should reflect domestic deficits and needs, featuring appropriate incentives to economic agents in each institutional context. After all, public policy does not happen in a vacuum, but in a world where second- best solutions become every-day tools.

      Competition Policy in Developing Societies