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| Author | : Jonathan Klaaren |
| Publisher | : |
| Total Pages | : 541 |
| Release | : 2019 |
| Genre | : Competition, Unfair |
| ISBN | : 9781928232803 |
| Author | : Imraan Valodia |
| Publisher | : NYU Press |
| Total Pages | : 384 |
| Release | : 2017-07-04 |
| Genre | : Business & Economics |
| ISBN | : 1776141687 |
Shaping markets through competition and economic regulation is at the heart of addressing the development challenges facing countries in southern Africa. The contributors to Competition Law and Economic Regulation: Addressing Market Power in southern Africa critically assess the efficacy of the competition and economic regulation frameworks, including the impact of a number of the regional competition authorities in a range of sectors throughout southern Africa. Featuring academics as well as practitioners in the field, the book addresses issues common to southern African countries, where markets are small and concentrated, with particularly high barriers to entry, and where the resources to enforce legislation against anti-competitive conduct are limited. What is needed, the contributors argue, is an understanding of competition and regional integration as part of an inclusive growth agenda for Africa. By examining competition and regulation in a single framework, and viewing this within the southern African experience, this volume adds new perspectives to the global competition literature. It is an essential reference tool and will be of great interest to policymakers and regulators, as well as the rapidly growing ecosystem of legal practitioners and economists engaged in the field.
| Author | : |
| Publisher | : |
| Total Pages | : |
| Release | : 2017 |
| Genre | : |
| ISBN | : 9781776140916 |
| Author | : CCRED. Submitter |
| Publisher | : |
| Total Pages | : 31 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
Economic regulation, including competition policy, is not an end in itself but a means to an end, and must ultimately have a positive impact on the economy as a whole. However, this positive impact needs to be broad-based or inclusive, particularly in the context of South Africa given its legacy of non-inclusive growth and persistent inequality. An area where increased participation is important in achieving more inclusive growth in a developing country context is in the procurement of large-scale infrastructure. The South African experience with procuring large-scale renewable energy-based electricity generation capacity carries interesting lessons in this respect.The paper reviews the development of South Africa's large-scale renewable energy sector from an economic regulation and inclusive growth lens. The regulatory framework governing the sector is examined, looking at both the policy and institutional environment, and their role in contributing to inclusive growth objectives. As such, the paper investigates the role that economic regulation can play in stimulating inclusive growth, through the promotion of both competitive and socio-economic outcomes. The paper also looks at the importance of factoring vested interests in order to maximize inclusive growth outcomes through economic regulation.
| Author | : Martha Martinez Licetti |
| Publisher | : World Bank Publications |
| Total Pages | : 275 |
| Release | : 2017-06-29 |
| Genre | : Business & Economics |
| ISBN | : 1464809461 |
Sustainable economic development has played a major role in the decline of global poverty in the past two decades. There is no doubt that competitive markets are key drivers of economic growth and productivity. They are also valuable channels for consumer welfare. Competition policy is a powerful tool for complementing efforts to alleviate poverty and bring about shared prosperity. An effective competition policy involves measures that enable contestability and firm entry and rivalry, while ensuring the enforcement of antitrust laws and state aid control. Governments from emerging and developing economies are increasingly requesting pragmatic solutions for effective competition policy implementation, as well as recommendations for pro-competitive sectoral policies. A Step Ahead: Competition Policy for Shared Prosperity and Inclusive Growth puts forward a research agenda that advocates the importance of market competition, effective market regulation, and competition policies for achieving inclusive growth and shared prosperity in emerging and developing economies. It is the result of a global partnership and shared commitment between the World Bank Group and the Organisation for Economic Co-operation and Development (OECD). Part I of the book brings together existing empirical evidence on the benefits of competition for household welfare. It covers the elimination of anticompetitive practices and regulations that restrict competition in key markets and highlights the effects of competition on small producers and employment. Part II of the book focuses on the distributional effects of competition policies and how enforcement can be better aligned with shared prosperity goals.
| Author | : Antonio Andreoni |
| Publisher | : Oxford University Press |
| Total Pages | : 411 |
| Release | : 2021 |
| Genre | : Business & Economics |
| ISBN | : 0192894315 |
Taking South Africa as an important case study of the challenges of structural transformation, the book offers a new micro-meso level framework and evidence linking country-specific and global dynamics of change, with a focus on the current challenges and opportunities faced by middle-income countries.
| Author | : Simon Roberts |
| Publisher | : |
| Total Pages | : 28 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
The paper will assess certain outcomes in the implementation of competition policy in South Africa to address the exertion of market power unilaterally by large firms or through collusive arrangements. Through reviewing the theoretical framework and literature linking competition policy and barriers to entry with economic participation, the paper develops a framework for understanding the centrality of competition legislation as a microeconomic tool towards achieving more inclusive outcomes in the South African economy. The paper draws on specific case studies from recent South African competition cases, impact assessment studies, and cross-country interventions in key sectors such as telecommunications and energy to demonstrate the role of competition policy in addressing strategic barriers to entry and participation in key economic sectors of the South African economy.
| Author | : Musahara, Herman |
| Publisher | : OSSREA |
| Total Pages | : 246 |
| Release | : 2016-06-13 |
| Genre | : Business & Economics |
| ISBN | : 9994455885 |
This anthology presents issues, challenges and progress in Rwanda, Mauritius, Ethiopia, South Africa, and Uganda towards Africa's acknowledgement through Agenda 2063 of the need for inclusive and sustainable development, and its commitment to the Sustainable Development Goals (Agenda 2030) of the United Nations. Dictated by overall ever unfolding realities, including economic, social, political, technological issues, the growth and development dictums have been reshaped and reframed continually, in an effort to accommodate and respond to emerging issues. Human development and inclusive growth and development, within the overall theme of sustainable development, are, for example, among the recent focuses of the global and national development agenda. The background is that as individuals, communities, and societies get richer, the worrying levels of inequalities, exclusion and disparities are becoming an area of concern, drawing the attention of governments, planners, civil societies, researchers and academia. A predominant current issue has been an appreciation of high economic growth in the last 10 years, which is nonetheless marred by pervasive levels of poverty and inequality. The issues covered include: trade; rural-urban linkages; the dynamics of poverty, vulnerability, and welfare; social policies for inclusive and sustainable development; productivity and informality; and financial direct support systems to the poor. The chapters are based on first-hand data, secondary data from different databases and systematic reviews of academic literature. Drawing on the findings and conclusions of the individual chapters, the book distills together the key lessons and also puts forward recommendations for policy and practice. It is a resource for researchers, policy and decision makers, academia and graduate students.
| Author | : Gaylor Montmasson-Clair |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2021 |
| Genre | : |
| ISBN | : |
Economic regulation, including competition policy, is not an end in itself but a means to an end, and must ultimately have a positive impact on the economy as a whole. However, this positive impact needs to be broad-based or inclusive, particularly in the context of South Africa given its legacy of non-inclusive growth and persistent inequality. An area where increased participation is important in achieving more inclusive growth in a developing country context is in the procurement of large-scale infrastructure. The South African experience with procuring large-scale renewable energy-based electricity generation capacity carries interesting lessons in this respect. The paper reviews the development of South Africa's large-scale renewable energy sector from an economic regulation and inclusive growth lens. The regulatory framework governing the sector is examined, looking at both the policy and institutional environment, and their role in contributing to inclusive growth objectives. As such, the paper investigates the role that economic regulation can play in stimulating inclusive growth, through the promotion of both competitive and socio-economic outcomes. The paper also looks at the importance of factoring vested interests in order to maximise inclusive growth outcomes through economic regulation.
| Author | : Fatsani Banda |
| Publisher | : |
| Total Pages | : 29 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
With over 20 years in a democratic South Africa, the country still faces serious economic challenges of poverty, inequality and unemployment. In response to these challenges, the need for a higher level of economic growth, combined with a more inclusive approach to sharing the benefits of such growth, are universally acknowledged. Recent literature establishes an important link between growth and development and removing constraints to accessing economic activity, and disciplining the market power of large firms. In this context, inclusive economic growth is also about firms being able to overcome strategic barriers to entry and expansion. The South African experience has been one of high levels of concentration in several key sectors resulting in an economy which largely excludes the majority of the population from ownership of important economic assets. This has deprived the economy of the benefits from increased participation and access to markets, and dynamic rivalry in the form of competition based on innovation, competitive pricing, investment in improved production processes and capabilities, and learning-by-doing. This paper highlights the factors which are critical to facilitating the entry of efficient rivals into traditionally concentrated markets premised on the understanding that investment and innovation emanates from and rests with firms. In this context, government's role (including its various agencies) should be to facilitate the process by lessening structural and strategic barriers in the economy which restrict the dynamic rivalry introduced by firms that compete on the basis of investments, innovation and developing new processes and capabilities. The paper relates these issues back to the international growth and development literature in order to provide a strong motivation for the relationship between barriers to entry, competition and dynamic efficiency, increased participation in the economy and inclusive growth. This assessment provides the theoretical context for understanding the sector-specific experiences of firms in the sectors which the barriers to entry project will analyse. A second companion review paper working paper no. 5/2015 discusses the literature on competition policy, economic regulation and industrial policy.
