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Competition Policies for Industrializing Economies

Claudio FrischtakBita HadjimichaelUlrich Zachau

出版	World Bank, 1989
主題	Business & Economics / International / Economics & Trade
ISBN	08213136229780821313626
URL	http://books.google.com.hk/books?id=iD8FAQAAIAAJ&hl=&source=gbs_api

註釋

This paper examines the nature and impact of barriers to competition in industrializing countries. The paper argues that policy-generated barriers instituted by regulatory, promotional and trade regimes have been a major constraint to efficient industrial development and suggests that the primary objective of competition policy should be to remove those barriers through coordinated policy reforms. In a neutral competition policy regime, the major policy generated impediments to competition and resource mobility would be phased out. A growing body of case studies from developed and industrializing countries indicates that competition is the prime motivation for managers to cut waste, improve technical parameters of production, an allocate resources efficiently. In addition, evidence shows that competition is a compelling force for industrial restructuring as firms shed outdated operations, introduce new product lines and search for new markets. A competitive environment is thus the most effective way to stimulate modernization and structural change. The benefits of competition do not depend on the nature of asset ownership; public as well as private enterprises that face competition allocate and use resources more efficiently.