Title

Competition policy for developing countries: A long-run, entry-based approach

Document Type

Article

Publication Date

1997

Publication Title

Contemporary Economic Policy

Department

Economics

Abstract

Key aspects of a long-run, entry-based approach to the design of competition policy for developing countries are described. A competition policy with the sole purpose of mitigating governmental, natural and artificial barriers to entry best serves the goals of promoting the competitive process and fostering democracy. Freedom of entry is the sine qua non of the competitive process. Freedom of entry promotes the development of efficient, innovative firms capable of competing in international markets and ensures that market reforms will enhance social welfare.

Volume

15

Issue

2

pp.

2014-01-11

ISSN

1074-3529