Investment in network infrastructure – the energy, water, transport and telecommunication networks –which performs a vital role for the functioning of the economy, can contribute to raising growth and social welfare. But more is not always better.
This paper discusses measures to make the regulation of product markets more conducive to competition play a prominent role in the government’s “growth package” of measures to stimulate economic growth which are in the process of being implemented.
Unemployment in South Africa is extremely high and unevenly distributed, being concentrated among young less skilled blacks.
This working paper suggests that establishing stronger vertical separation between network access provision and potentially competitive services will be the main challenge for Germany going forward.