Competition Law and the Investment Climate in Developing Countries

Nearly 100 countries have enacted competition laws, and there is a growing record of enforcement actions by competition agencies in developing countries. The econometric literature on the effects of competition law on investment in these countries focuses almost exclusively on the consequences for i...

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Main Author: Evenett, Simon
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/9068
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spelling okr-10986-90682021-04-23T14:02:44Z Competition Law and the Investment Climate in Developing Countries Evenett, Simon World Development Report 2005 Nearly 100 countries have enacted competition laws, and there is a growing record of enforcement actions by competition agencies in developing countries. The econometric literature on the effects of competition law on investment in these countries focuses almost exclusively on the consequences for inflows of foreign direct investment. Equally as important though less studied is the potential effects of competition law enforcement on the level and composition of investment by state bodies and by domestic firms. Even though investment can play an important role in promoting development, the overarching goal of competition law and enforcement should be to promote static and dynamic efficiency and contribute substantially to improving the allocation of resources in the economy. 2012-06-26T15:37:22Z 2012-06-26T15:37:22Z 2003 http://hdl.handle.net/10986/9068 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Europe and Central Asia Latin America & Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic World Development Report 2005
spellingShingle World Development Report 2005
Evenett, Simon
Competition Law and the Investment Climate in Developing Countries
geographic_facet Europe and Central Asia
Latin America & Caribbean
description Nearly 100 countries have enacted competition laws, and there is a growing record of enforcement actions by competition agencies in developing countries. The econometric literature on the effects of competition law on investment in these countries focuses almost exclusively on the consequences for inflows of foreign direct investment. Equally as important though less studied is the potential effects of competition law enforcement on the level and composition of investment by state bodies and by domestic firms. Even though investment can play an important role in promoting development, the overarching goal of competition law and enforcement should be to promote static and dynamic efficiency and contribute substantially to improving the allocation of resources in the economy.
author Evenett, Simon
author_facet Evenett, Simon
author_sort Evenett, Simon
title Competition Law and the Investment Climate in Developing Countries
title_short Competition Law and the Investment Climate in Developing Countries
title_full Competition Law and the Investment Climate in Developing Countries
title_fullStr Competition Law and the Investment Climate in Developing Countries
title_full_unstemmed Competition Law and the Investment Climate in Developing Countries
title_sort competition law and the investment climate in developing countries
publisher Washington, DC: World Bank
publishDate 2012
url http://hdl.handle.net/10986/9068
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