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Competition Policy For Developing Countries: A Long‐Run, Entry‐Based Approach

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  • ROSS C. SINGLETON

Abstract

This paper describes key aspects of a long‐run, entry‐based approach to the design of competition policy for developing countries. 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.

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  • Ross C. Singleton, 1997. "Competition Policy For Developing Countries: A Long‐Run, Entry‐Based Approach," Contemporary Economic Policy, Western Economic Association International, vol. 15(2), pages 1-11, April.
    • Handle: RePEc:bla:coecpo:v:15:y:1997:i:2:p:1-11
    DOI: 10.1111/j.1465-7287.1997.tb00460.x
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    References listed on IDEAS

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    1. Hay, Donald, 1993. "The Assessment: Competition Policy," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 9(2), pages 1-26, Summer.
    2. Samuel M. Loescher, 1974. "Corporate Giantism, Degradation of the Plane of Competition, and Countervailance," Journal of Economic Issues, Taylor & Francis Journals, vol. 8(2), pages 329-351, June.
    3. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
    4. Baumol, William J, 1992. "Horizontal Collusion and Innovation," Economic Journal, Royal Economic Society, vol. 102(410), pages 129-137, January.
    5. Bailey, Elizabeth E, 1981. "Contestability and the Design of Regulatory and Antitrust Policy," American Economic Review, American Economic Association, vol. 71(2), pages 178-183, May.
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    Cited by:

    1. Duijm Bernhard, 1999. "Die Unabhängigkeit von Kartellbehörden," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 50(1), pages 323-344, January.
    2. John Stanley Metcalfe & Ronnie Ramlogan, 2007. "Competition and the Regulation of Economic Development," Chapters, in: Paul Cook & Raul Fabella & Cassey Lee (ed.), Competitive Advantage and Competition Policy in Developing Countries, chapter 2, Edward Elgar Publishing.
    3. Cook, Paul, 2002. "Competition Policy, Market Power and Collusion in Developing Countries," Centre on Regulation and Competition (CRC) Working papers 30681, University of Manchester, Institute for Development Policy and Management (IDPM).
    4. Grajzl, Peter & Baniak, Andrzej, 2009. "Industry self-regulation, subversion of public institutions, and social control of torts," International Review of Law and Economics, Elsevier, vol. 29(4), pages 360-374, December.
    5. Nicola Theron, 2001. "The Economics Of Competition Policy: Merger Analysis In South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 69(4), pages 614-658, December.

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