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The strength of product market competition plays an important role in economic growth and affects economic efficiency, the allocation of resources, and can also lead to improved labour market performance. The Economics Department is examining product market competition and economic performance in order to identify product market policies that are conducive to growth and employment.
Bookmark this page: www.oecd.org/eco/structural/competition
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15-Jul-2008
Prudent macroeconomic policies have driven South Africa’s impressive economic performance over the past decade, but huge problems remain, notably in tackling unemployment. Policies to strengthen competition and improve education would raise living standards both by helping to realise South Africa’s employment potential and by boosting long-term productivity growth.
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25-Jun-2008
Portugal can benefit more from globalisation. This requires further reducing the cost of doing business, promoting competition and improving regulations in infrastructure sectors that provide services to firms.
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13-Jun-2008
This paper relates diverging productivity performances across OECD countries over the past fifteen years to differences in the stringency of regulations in the product market.
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03-Jun-2008
The Finnish economy has been performing well but risks are mounting. Imbalances are building in the labour market and the wage negotiation framework needs to be overhauled. There is scope for improvement in the municipal sector as well as in tertiary education, and the tax mix could be made more efficient.
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07-Apr-2008
Despite the longest economic expansion in its post-war history, Japan faces many challenges. Perhaps most urgent is addressing the fiscal situation through comprehensive tax reform. There is also significant scope for policies to accelerate productivity growth in the service sector, which has lagged behind manufacturing. In addition, measures to reverse the rise in labour market dualism would be beneficial for both growth and equity.
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