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The international aluminium cartel, 1886-1978 : the business and politics of a cooperative industrial institution
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ISBN: 9780415742542 0415742544 9781315814551 Year: 2016 Publisher: New York, NY : Routledge,

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The fight against hard core cartels in Europe : trends, challenges and best International practices
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ISBN: 9782802751137 Year: 2016 Publisher: Bruxelles : Bruylant,

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Van het concern
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ISBN: 9789013136265 Year: 2016 Publisher: Alphen aan den Rijn Kluwer


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Regulating competition : cartel registers in the twentieth-century world
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ISBN: 9781138021648 1138021644 9781315777610 9781317693987 9781317693994 0367869578 1315777614 1317694007 131769399X 9781317694007 Year: 2016 Publisher: Taylor & Francis

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Cartels, trusts and agreements to reduce competition between firms have existed for centuries, but became particularly prevalent toward the end of the 19th century. In the mid-20th century governments began to use so called ‘cartel registers’ to monitor and regulate their behaviour. This book provides cases studies from more than a dozen countries to examine the emergence, application and eventual decline of this form of regulation. Beginning with a comparison of the attitudes to regulation that led to monitoring, rather than prohibiting cartels, this book examines the international studies on cartels undertaken by the League of Nations before World War II. This is followed by a series of studies on the context of the registers, including the international context of the European Union, and the importance of lobby groups in shaping regulatory outcomes, using Finland as an example. Section two provides a broad international comparison of several countries’ registers, with individual studies on Norway, Australia, Japan, Germany, Sweden and the Netherlands. After examining the impact of registration on business behaviour in the insurance industry, this book concludes with an overview of the lessons to be learnt from 20th century efforts to regulate competition. With a foreword by Harm Schroter, this book outlines the rise and fall of a system that allowed nations to tailor their approach to regulating competition to their individual circumstances whilst also responding to the pressures of globalisation that emerged after the Second World War. This book is suitable for those who are interested in and study economic history, international economics and business history.


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Republic of Cameroon : Priorities for Ending Poverty and Boosting Shared Prosperity.
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Year: 2016 Publisher: Washington, D.C. : The World Bank,

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Cameroon is a lower-middle income country with social indicators and levels of poverty which are below those for comparator countries. Large and rising inequalities between north and south, inefficiencies in public resource allocation and an adverse business environment explain this. While insecurity due to Boko Haram activities and rapidly rising public debt constrain efforts at poverty reduction, there exists a huge potential for economic growth and poverty reduction. This potential remains mostly untapped. Realizing it will require far reaching reforms, particularly with respect to the business environment and public financial management, and require politically courage to accomplish. The remainder of this document explores how to achieve the twin goals of ending poverty and improving shared prosperity by 2030 in a sustainable manner. The document identifies a limited number of binding constraints which would need to be lifted to achieve the poverty objective. The next four chapters present background material to chapter six, which presents binding constraints to poverty reduction. The micro-foundations to poverty reduction are discussed in chapters two and three. Chapter two discusses poverty, equity and vulnerability. Chapter three discusses human capital and its role in poverty reduction. Chapter four considers poverty reduction from a macro-economic perspective. It discusses opportunities for growth and economic transformation as well as the status of various cross-cutting economic services. Chapter five, considers governance, fragility and the institutional environment. Binding constraints to sustainable poverty reduction are identified in chapter six.


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Shifting Kenya's Private Sector into Higher Gear : A Trade and Competitiveness Agenda.
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Year: 2016 Publisher: Washington, D.C. : The World Bank,

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Shifting Kenya's private sector into higher gear: a trade and competitiveness agenda' was born out of the World Bank's Trade and Competitiveness (T&C) Global Practice recent stock taking of its work in Kenya. This was part of a Programmatic Approach that aimed to organize T&C's knowledge, advisory, and convening services to address Kenya's development challenges in the private sector space. By Sub-Saharan African standards, Kenya has a large private sector, which accounts for around 70 percent of total formal employment. As a result, the dynamics of the private sector are a key determinant of the trajectory of the Kenyan economy. The country's product market regulations a restrictive for domestic competitors and foreign entrants, and the actions of cartels and behavior of dominant firms across sectors undermines competition and hurts consumers. The Kenyan Government recognizes these challenges and has invested significantly in unlocking these bottlenecks with impressive results so far and several important laws passed. Additional efforts to ease regulatory constraints and expedite important legislative changes could improve the investment climate at national and county levels.


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Malaysia Economic Monitor, June 2016 : Leveraging Trade Agreements.
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Year: 2016 Publisher: Washington, D.C. : The World Bank,

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The MEM is the World Bank's biannual flagship publication on Malaysia. It provides analysis of recent economic developments and the near-term outlook for Malaysia. Each publication also focuses on a special topic related to Malaysia's transformation into a high-income economy. Malaysia is at the forefront of a "new generation" of trade agreements that will shape trade and investment over the next decade. The 14th MEM focuses on how Malaysia can use trade agreements to bring new opportunities to the Malaysian economy and accelerate its transition to high income status.


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Competition and stability in banking : the role of regulation and competition policy
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ISBN: 9780691171791 0691171793 0691210039 1400880904 Year: 2016 Publisher: Princeton, N.J. Princeton University Press

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Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United States in the 1970s. The global financial crisis of 2007-2009, which originated from an oversupply of credit, once again raised questions about excessive banking competition and what should be done about it. Competition and Stability in Banking addresses the critical relationships between competition, regulation, and stability, and the implications of coordinating banking regulations with competition policies.Xavier Vives argues that while competition is not responsible for fragility in banking, there are trade-offs between competition and stability. Well-designed regulations would alleviate these trade-offs but not eliminate them, and the specificity of competition in banking should be accounted for. Vives argues that regulation and competition policy should be coordinated, with tighter prudential requirements in more competitive situations, but he also shows that supervisory and competition authorities should stand separate from each other, each pursuing its own objective. Vives reviews the theory and empirics of banking competition, drawing on up-to-date analysis that incorporates the characteristics of modern market-based banking, and he looks at regulation, competition policies, and crisis interventions in Europe and the United States, as well as in emerging economies.Focusing on why banking competition policies are necessary, Competition and Stability in Banking examines regulation's impact on the industry's efficiency and effectiveness.

Keywords

Private finance --- Banks and banking. --- Banks and banking --- Competition. --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Financial institutions --- Money --- Competition (Economics) --- Competitiveness (Economics) --- Economic competition --- Commerce --- Conglomerate corporations --- Covenants not to compete --- Industrial concentration --- Monopolies --- Open price system --- Supply and demand --- Trusts, Industrial --- Government policy. --- 333.139.2 --- 333.106 --- Bankcontrole en -reglementering. Reglementering van het bankberoep. --- Kost, rendabiliteit en concurrentie in de banken. --- Competition --- Economic aspects --- Bankcontrole en -reglementering. Reglementering van het bankberoep --- Kost, rendabiliteit en concurrentie in de banken --- Government policy --- Europe. --- European Union. --- United States. --- asymmetric information. --- banking sector. --- cartels. --- competition policy. --- competition. --- concentration. --- consolidation. --- consumer protection. --- contagion. --- credit. --- crisis interventions. --- deregulation. --- developing economies. --- economic growth. --- emerging economies. --- financial crisis. --- financial innovation. --- financial intermediation. --- financial sector. --- fragility. --- industrial organization approach. --- macroprudential regulation. --- mergers. --- network externalities. --- pricing. --- product differentiation. --- prudential regulation. --- regulation. --- regulatory failure. --- regulatory reform. --- restrictive agreements. --- risk taking. --- safety net. --- savings banks. --- shadow banking. --- stability. --- state aid. --- state ownership. --- systemic risk. --- two-sided markets.


Book
Competition and Stability in Banking : The Role of Regulation and Competition Policy
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ISBN: 1400880904 9781400880904 0691171793 9780691171791 9780691210032 0691210039 Year: 2016 Publisher: Princeton, NJ : Princeton University Press,

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Abstract

Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United States in the 1970s. The global financial crisis of 2007-2009, which originated from an oversupply of credit, once again raised questions about excessive banking competition and what should be done about it. Competition and Stability in Banking addresses the critical relationships between competition, regulation, and stability, and the implications of coordinating banking regulations with competition policies.Xavier Vives argues that while competition is not responsible for fragility in banking, there are trade-offs between competition and stability. Well-designed regulations would alleviate these trade-offs but not eliminate them, and the specificity of competition in banking should be accounted for. Vives argues that regulation and competition policy should be coordinated, with tighter prudential requirements in more competitive situations, but he also shows that supervisory and competition authorities should stand separate from each other, each pursuing its own objective. Vives reviews the theory and empirics of banking competition, drawing on up-to-date analysis that incorporates the characteristics of modern market-based banking, and he looks at regulation, competition policies, and crisis interventions in Europe and the United States, as well as in emerging economies.Focusing on why banking competition policies are necessary, Competition and Stability in Banking examines regulation's impact on the industry's efficiency and effectiveness.

Keywords

Banks and banking. --- Banks and banking --- Competition. --- Competition --- Competition (Economics) --- Competitiveness (Economics) --- Economic competition --- Commerce --- Conglomerate corporations --- Covenants not to compete --- Industrial concentration --- Monopolies --- Open price system --- Supply and demand --- Trusts, Industrial --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Financial institutions --- Money --- Government policy. --- Economic aspects --- Government policy --- E-books --- BUSINESS & ECONOMICS / Finance. --- BUSINESS & ECONOMICS / Commercial Policy. --- BUSINESS & ECONOMICS / Banks & Banking. --- Europe. --- European Union. --- United States. --- asymmetric information. --- banking sector. --- cartels. --- competition policy. --- competition. --- concentration. --- consolidation. --- consumer protection. --- contagion. --- credit. --- crisis interventions. --- deregulation. --- developing economies. --- economic growth. --- emerging economies. --- financial crisis. --- financial innovation. --- financial intermediation. --- financial sector. --- fragility. --- industrial organization approach. --- macroprudential regulation. --- mergers. --- network externalities. --- pricing. --- product differentiation. --- prudential regulation. --- regulation. --- regulatory failure. --- regulatory reform. --- restrictive agreements. --- risk taking. --- safety net. --- savings banks. --- shadow banking. --- stability. --- state aid. --- state ownership. --- systemic risk. --- two-sided markets.


Book
Retaking the Path to Inclusion, Growth and Sustainability : Brazil Systematic Country Diagnostic.
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Year: 2016 Publisher: Washington, D.C. : The World Bank,

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Bleak short-term economic outlook raises the risk that social and environmental achievements may not be sustained. The changed economic circumstances have exposed shortcomings in Brazil's development model, epitomized by the struggle to achieve a sustainable fiscal policy. Against this background, some Brazilians are now asking whether the gains of the past decade might have been an illusion, created by the commodity boom, but unsustainable in today's less forgiving international environment. Brazil thus finds itself at an important juncture and, to a certain extent, the policy course set today will determine whether the country can sustain the gains of the past and return to a path of solid, inclusive and environmentally sustainable growth. This Systematic Country Diagnostic offers a contribution to the debate about Brazil's future development.

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