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...
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Online Access: | https://documents.worldbank.org/en/publication/documents-reports/documentdetail/714761531474226515/a-step-ahead-competition-policy-for-shared-prosperity-and-inclusive-growth http://hdl.handle.net/10986/27527 |
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okr-10986-275272021-04-23T14:04:44Z A Step Ahead : Competition Policy for Shared Prosperity and Inclusive Growth World Bank Organisation for Economic Co-operation and Development COMPETITION COMPETITION POLICY SHARED PROSPERITY ANTITRUST MERGERS CARTELS COMPETITION IN AGRICULTURE FOOD TRANSPORT RETAIL TELECOMMUNICATIONS COMPETITION PROCOMPETITIVE REGULATIONS INNOVATION WELFARE DISTRIBUTION POVERTY REDUCTION DISTRIBUTIONAL EFFECTS BOTTOM 40 PERCENT EXTREME POVERTY ANTITRUST ENFORCEMENT CARTEL AND MERGERS DECISIONS 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. A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth 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. 2017-07-05T21:26:58Z 2017-07-05T21:26:58Z 2017-06-27 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/714761531474226515/a-step-ahead-competition-policy-for-shared-prosperity-and-inclusive-growth 978-1-4648-0945-3 http://hdl.handle.net/10986/27527 English en_US Trade and Development; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
COMPETITION COMPETITION POLICY SHARED PROSPERITY ANTITRUST MERGERS CARTELS COMPETITION IN AGRICULTURE FOOD TRANSPORT RETAIL TELECOMMUNICATIONS COMPETITION PROCOMPETITIVE REGULATIONS INNOVATION WELFARE DISTRIBUTION POVERTY REDUCTION DISTRIBUTIONAL EFFECTS BOTTOM 40 PERCENT EXTREME POVERTY ANTITRUST ENFORCEMENT CARTEL AND MERGERS DECISIONS |
spellingShingle |
COMPETITION COMPETITION POLICY SHARED PROSPERITY ANTITRUST MERGERS CARTELS COMPETITION IN AGRICULTURE FOOD TRANSPORT RETAIL TELECOMMUNICATIONS COMPETITION PROCOMPETITIVE REGULATIONS INNOVATION WELFARE DISTRIBUTION POVERTY REDUCTION DISTRIBUTIONAL EFFECTS BOTTOM 40 PERCENT EXTREME POVERTY ANTITRUST ENFORCEMENT CARTEL AND MERGERS DECISIONS World Bank Organisation for Economic Co-operation and Development A Step Ahead : Competition Policy for Shared Prosperity and Inclusive Growth |
relation |
Trade and Development; |
description |
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.
A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth 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. |
format |
Book |
author |
World Bank Organisation for Economic Co-operation and Development |
author_facet |
World Bank Organisation for Economic Co-operation and Development |
author_sort |
World Bank |
title |
A Step Ahead : Competition Policy for Shared Prosperity and Inclusive Growth |
title_short |
A Step Ahead : Competition Policy for Shared Prosperity and Inclusive Growth |
title_full |
A Step Ahead : Competition Policy for Shared Prosperity and Inclusive Growth |
title_fullStr |
A Step Ahead : Competition Policy for Shared Prosperity and Inclusive Growth |
title_full_unstemmed |
A Step Ahead : Competition Policy for Shared Prosperity and Inclusive Growth |
title_sort |
step ahead : competition policy for shared prosperity and inclusive growth |
publisher |
Washington, DC: World Bank |
publishDate |
2017 |
url |
https://documents.worldbank.org/en/publication/documents-reports/documentdetail/714761531474226515/a-step-ahead-competition-policy-for-shared-prosperity-and-inclusive-growth http://hdl.handle.net/10986/27527 |
_version_ |
1764465024361824256 |