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The extent of competition in product markets is an important determinant of economic growth in both developed and developing countries.
This paper provides a broad overview of policy goals and instruments and commonly used performance and policy indicators related to land transport.
In the 2000s, Turkey has enjoyed rapid catching–up. This was possible despite the adverse business environment, as the semi–formal and informal economy had a significant contribution to the expansion of the private sector.
Indonesia’s infrastructure is in poor shape, having suffered from protracted under-investment since the Asian financial crisis of the late 1990s, and constraints growth potential.
In this paper the recently updated product market regulation (PMR) indicators are extended beyond OECD member countries - including accession and enhanced engagement countries.
How can governments reap the potential benefits of public-private partnerships (PPPs) in the provision of infrastructure?
Based on an endogenous growth model, we show that intermediate goods markets imperfections can curb incentives to improve productivity downstream.
Productivity growth has declined since the late 1990s, slowing the catching-up process. Structural reforms to strengthen competition, entrepreneurship and innovation would go a long way toward enhancing it.
Product market regulation on average is Slovenia does not appear particularly stringent, but heavy state involvement and high market concentration in several industries call for the gauging of competitive pressures in Slovenian industries.
This paper presents in summary form the findings that emerge from a study of 20 structural reform episodes in 10 OECD countries.