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Competition policy and enforcement have promoted two fundamental aspects of reform in Korea: increased reliance on markets rather than central government direction to drive growth and increased openness and transparency of public institutions and major private enterprises. Korea’s independent competition agency, the Korea Fair Trade Commission (KFTC), plays a central role in major reform efforts, and it has stepped up its enforcement
This report presents an integrated assessment of regulatory reform in the Netherlands in areas such as the macroeconomic context, the quality of the public sector, competition policy and enforcement, and integration of market openness, and in sectors such as electricity and telecommunications.&l
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The introduction of greater competition in regulated sectors has required establishing new regulators or seriously rethinking what existing regulators were doing, bringing to the fore important questions concerning the proper relationship between sector specific regulators and economy-wide competition agencies. On the one hand, competition agencies have a comparative advantage over regulators when it comes to ensuring that
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This working paper suggests that a successful reform of public enterprises would improve productivity in key sectors of the Greek economy, and thus provide essential inputs at lower cost to the economy as a whole.
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US competition policy is grounded in principles of economics and has been a powerful tool in regulatory reform. Competition law enforcement and policy advice have played central roles in successful efforts over the last 20 years to reform and often eliminate anti-competitive economic regulation of transport, energy, telecommunications, and services.
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The expanding need for regulation coupled with pressures to reduce the cost of compliance has led to interest in marketable permit or obligation programmes (MPOPs). This paper presents the potential benefits and risks of MPOP's.
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This Report responds to the 1995 request by OECD Ministers that the OECD examine the significance, direction, and means of reform in regulatory regimes in Member countries.
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A major challenge of economic transition in central and eastern European countries is creating the institutional framework crucial to market operation. OECD Economic Studies No. 25.
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The working paper discusses the role of distribution systems in the Italian economy and gives an overview of the transformation of the Italian distribution system in the 1970s and the 1980s.
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This glossary of terms frequently used in the field of industrial organisation economics and competition law has been compiled for pedagogical and training purposes.