WebCompetition fosters economic welfare and makes markets work for development. The World Bank Group supports clients in promoting and implementing pro-competition rules in key sectors, deterring anticompetitive business practices, and minimizing distortive government interventions in markets.
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WebCompetitiveness At-A-Glance. Rapid, private sector-led growth is essential for ending extreme poverty and boosting shared prosperity, the World Bank Group’s Twin Goals. For the past three decades, economic growth centered on strong contributions from the private sector has been the main driver of poverty reduction around the world. Overview.
WebCompetition policy entails the definition and enforcement of a legal framework which tackles horizontal and cartel agreements, mergers and concentrations, abuse of dominance and vertical restraints; and the promotion of pro-competition sector policies that will eventually eliminate price controls, minimize state aids and other …
WebBanking competition. The global financial crisis reignited the interest of policy makers and academics in bank competition and the role of the state in competition policies (that is, policies and laws that affect the extent to which banks compete). Some believe that increases in competition and financial innovation in markets such as subprime lending …
WebCompetition authorities and other advocates are encouraged to share their initiatives related to, among others, regulation of digital markets, the role of digital platforms in market dynamics, data as key variable for competition, implication of new technologies for competition (e.g., blockchain, machine learning, artificial intelligence), sector specific …
WebDigital Finance and the Future of Competition Policy. By. Matthew Soursourian, Ariadne Plaitakis. Over the past several years, the emergence of digital financial services (DFS) in developing countries has raised questions about competition, especially as many markets are dominated by one or two providers. Today, these …
WebCompetition seems to work better in microfinance than in conventional finance. Of course, these are average results. They did not mean that interest rates will decline in every microcredit market that becomes more competitive. A second question is whether loan delinquency will get worse as competition increases.
WebThe World Bank Group’s Finance, Competitiveness & Innovation Global Practice (FCI) combines expertise in the financial sector with expertise in private sector development to foster private-sector led growth and help create markets in client countries. Through this work, FCI strengthens the World Bank Group’s evolving approach to development
WebCompetition law enforcement can be traced to export . Export competitiveness: Why Domestic Market Competition Matters This review of the empirical literature shows that industries with more intense domestic competition will export more.