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Competition policy and promotion of investment, economic growth and poverty alleviation in least developed countries (English)

This paper aims to answer the persistent challenge that faces the governments of least-developed countries as well as policy advisors at the Bretton Woods Institutions, the United Nations, and aid agencies: how to foster sustainable broad-based economic growth, development, and poverty reduction. To elaborate on the answer the paper presents its discussion with an introduction followed by: Section II discusses the implications of high product market and ownership concentration, governance, and institutional characteristics frequently observed in developing countries that have an impact on competition. Section III presents empirical information on the pro-growth and pro-poor benefits that arise from increased competition. Section IV discusses constraints that business faces in operating in developing countries. Section V describes the nature and type of alleged anticompetitive business practices encountered in developing countries, and Section VI concludes the discussion and offers some recommendations that the World Bank Group, in partnership with other international organizations and donors, could consider in strengthening and promoting effective competition policy in recipient countries.


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    Khemani, R.S.

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    Working Paper (Numbered Series)

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    The World Region,

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    Competition policy and promotion of investment, economic growth and poverty alleviation in least developed countries

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Khemani, R.S.

Competition policy and promotion of investment, economic growth and poverty alleviation in least developed countries (English). Foreign Investment Advisory Service (FIAS) occasional paper ; no. FIAS 19 Washington, D.C. : World Bank Group.