Should Australia Encourage Developing Countries to Adopt Competition Laws?

Henry Ergas
Additional contact information
Henry Ergas: Australia Japan Research Centre

Macroeconomics Working Papers from East Asian Bureau of Economic Research

Abstract: Requiring developing countries to adopt competition laws has become a standard element in Free Trade Agreements between those countries and developed countries, and in the check list of measures sought by the World Bank and other multilateral institutions. However, there is little reason to think competition policy will increase welfare in those countries, especially as its proper implementation requires institutional capabilities that most developing countries lack. Despite this, the ASEAN countries, along with many other developing countries, have adopted competition policies that mirror all the prohibitions typically found in developed countries. It is suggested that it would be preferable were those prohibitions dropped, and competition policy refocussed on to a narrower set of instruments and objectives.

Keywords: ASEAN; Australia; Competition Law; Antitrust Law (search for similar items in EconPapers)
JEL-codes: K21 (search for similar items in EconPapers)
Date: 2008-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.eaber.org/node/22307 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 301 [REDIRECT LOOP] Moved Permanently (http://www.eaber.org/node/22307 [301 Moved Permanently]--> https://www.eaber.org/node/22307 [301 Moved Permanently]--> https://www.eaber.org/node/22307 [301 Moved Permanently]--> https://www.eaber.org/node/22307 [301 Moved Permanently]--> https://www.eaber.org/node/22307 [301 Moved Permanently]--> https://www.eaber.org/node/22307 [301 Moved Permanently]--> https://www.eaber.org/node/22307 [301 Moved Permanently]--> https://www.eaber.org/node/22307)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eab:macroe:22307

Access Statistics for this paper

More papers in Macroeconomics Working Papers from East Asian Bureau of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Shiro Armstrong ().