By Claudia Schatan, Eugenio Rivera Urrutia
Do small constructing economies, or SDEs, desire a particular festival coverage to create aggressive markets? opposed to the backdrop of globalization, protectionist regulations that advertise nation possession and heavy legislation of key industries are proving more and more useless for riding progress. international locations world wide are instituting reforms to advertise festival and company construction, but the industrial and political focus of energy, feeble judicial structures, and the shortage of human and fiscal assets pose distinct demanding situations to SDEs. festival rules in rising Economies positive factors an in-depth research of 2 strategic industries—telecommunications and banking—in numerous principal American international locations which sheds mild at the dynamics of the transition to deregulation and exchange liberalization. analyzing the teachings discovered from those stories and featuring dialogue of political, criminal, monetary, monetary, cultural, and organizational matters, the booklet presents exact views on pageant coverage and financial improvement. pageant regulations in rising Economies is essentially meant for decision-makers and coverage analysts in foreign exchange and economics, and also will entice researchers, teachers, scholars, and pros within the fields of institutional and improvement economics, overseas alternate, and overseas affairs.
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Extra resources for Competition Policies in Emerging Economies: Lessons and Challenges from Central America and Mexico
Generally, the flour market has a monopolistic or oligopolistic structure in which the key players also often retain control over flour imports and distribution (creating distortions such as market segmentation). Some countries even depend on imported wheat for domestic flour milling. In El Salvador the milling industry is duopolistic: Molinos de El Salvador (MOLSA) and Harinas de El Salvador (HARISA) control the three phases discussed. In Nicaragua there are only three flour millers, and they maintain very close ties to the two flour importers Proharina and Fhacasa.
In this context, the role of the judicial system’s review is reduced to a review of the due process carried out by the high court. (iii) A third method distinguishes between the administrative faculties of government bodies and autonomous agencies and the courts’ faculties for issuing rulings, but recognizes the special characteristics of competition cases, and in consequence, creates special tribunals for them. The basis for this method is that the judges can become specialized in the issues relevant to competition cases, allowing them to manage the technical complexities involved.
The changes being debated were: improved typification of anti-competitive practices; possible requirement of prior notification of concentrations, with adequate establishment of limits; the incorporation of “clemency appeals;” the elimination of various exceptions to the application of the law; and the strengthening of institutions linked to competition policy, among others. In Mexico, the latest version of the law (approved by Congress in mid-2006, but yet to be signed by the president as of this writing) grants greater powers to the Federal Competition Commission (FCC) to break up companies, including those in the telecommunications, media and financial services sectors, that engage in anticompetitive practices and fail to abide by earlier commission rulings.