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14 Apr 2005
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Article
English
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Competition Advocacy: Challenges for Developing Countries
John Clark, Pages: 69–80
in
OECD Journal: Competition Law and Policy
Competition advocacy is especially critical for developing countries as their economic policies are undergoing fundamental market driven changes. Prerequisites for effective competition advocacy by a competition agency include a significant degree ...
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14 Apr 2005
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Article
English
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Competition Issues in the Electricity Sector
OECD, Pages: 81–181
in
OECD Journal: Competition Law and Policy
Electricity markets are prone to the exercise of market power due to a combination of factors including: inelastic demand, lack of extensive practical storage of electricity, transmission congestion, transmission loop flows and capacity constraints ...
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17 Jan 2005
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Article
English
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Competition Law and Policy in Russia
Sarah Reynolds, Pages: 7–83
in
OECD Journal: Competition Law and Policy
The Russian Federation is the first non-member economy to participate in the OECD Regulatory Reform Programme. This review aims to assist the Russian authorities’ efforts to foster competition, innovation, and economic growth as well as to meet ...
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17 Jan 2005
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Article
English
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Substantive Criteria Used for the Assessment of Mergers
OECD, Pages: 89–183
in
OECD Journal: Competition Law and Policy
To decide if a merger should be blocked, conditioned or approved, three basic types of substantive test are employed: i) a dominance test (will the merger create or strengthen a dominant position?); ii) an SLC test (will the merger produce a ...
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14 Apr 2005
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Article
English
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Competition Law and Policy in Finland
Michael Wise, Pages: 7–67
in
OECD Journal: Competition Law and Policy
Competition policy was at the centre of market-driven reforms since the late 1980s that restructured Finland’s network monopolies and eliminated the many vestiges of corporatist control. The pace of change is slower now, as the role of market ...
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16 Nov 2005
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Article
English
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Competition Law and Policy in Germany
Michael Wise, Pages: 7–66
in
OECD Journal: Competition Law and Policy
Germany's post-war competition law has been notably successful, and the enforcement body, the Bundeskartellamt, is widely respected. German institutions are now challenged to adapt to the modernised EU enforcement approach. Germany's institutional ...
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16 Nov 2005
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Article
English
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Merger Remedies
OECD, Pages: 67–131
in
OECD Journal: Competition Law and Policy
The following principles should guide competition authorities when devising remedies in merger cases: i) remedies are to be considered only if a threat to competition has been identified; ii) remedies should be the least restrictive means to ...
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10 Mar 2005
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Article
English
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Business Dynamics and Policies
Nicola Brandt, Pages: 9–36
in
OECD Economic Studies
This study presents evidence on firm entry and exit, growth and survival derived with new data from Eurostat, covering nine European Union member countries. Cross-country and cross-industry patterns in firm entry rates are analysed with a special ...
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10 Mar 2005
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Article
English
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The ICT Productivity Paradox: Insights from Micro Data
Dirk Pilat, Pages: 37–65
in
OECD Economic Studies
Empirical analysis of the economic impacts of information and communications technology (ICT) has followed three main tracks, namely analysis with aggregate data on ICT investment, with data on ICTproducing and ICT-using industries, and with ...
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10 Mar 2005
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Article
English
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International Production Relocation and Exports of Services
Nigel Pain, Desirée van Welsum, Pages: 67–94
in
OECD Economic Studies
This paper explores the relationship between the relocation of international production and exports of services from the United States using a number of different panel data estimators for six different categories of services. A conventional export ...
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10 Mar 2005
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Article
English
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Explaining Waiting-time Variations for Elective Surgery Across OECD Countries
Luigi Sicilani, Jeremy Hurst, Pages: 95–123
in
OECD Economic Studies
Waiting times for publicly-funded elective surgery are a major health policy concern in many OECD countries (like Australia, Canada, Denmark, Finland, Ireland, Italy, the Netherlands, New Zealand, Norway, Spain, Sweden, and the United Kingdom), but ...
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10 Mar 2005
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Article
English
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The Contribution of Housing Markets to Cyclical Resilience
Pietro Catte, Nathalie Girouard, Robert Price, Christophe André, Pages: 125–156
in
OECD Economic Studies
This paper examines the linkages between housing markets and the business cycle in OECD countries, focusing on how differences in the degree of resilience to economic shocks can be affected by the structural characteristics of housing and mortgage ...
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10 Mar 2005
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Article
English
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The Challenges of Narrowing the US Current-Account Deficit and Implications for Other Economies
Anne-Marie Brook, Franck Sédillot, Patrice Ollivaud, Pages: 157–186
in
OECD Economic Studies
This article uses the OECD’s interlink model to explore several possible channels through which a narrowing of the US current account deficit could occur. The shocks considered include dollar depreciation, fiscal consolidation, and an improvement in ...
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17 Mar 2005
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Article
English
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Highlights of Recent Trends in Financial Markets
OECD, Pages: 7–65
in
Financial Market Trends
Over the past few months, major equity markets generally have continued their upward trend, while interest rates at the long end of the maturity spectrum have declined. Meanwhile, credit spreads for both investment grade and sub-investment grade ...
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17 Mar 2005
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Article
English
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Corporate Pension Fund Liabilities and Funding Gaps
OECD, Pages: 69–113
in
Financial Market Trends
The fixed nature of pension benefits under corporate defined benefit (DB) pension plans imply that plan sponsors face financial and potentially biometric risks. A large number of OECD countries have such DB pension schemes, whereby employees receive ...
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17 Mar 2005
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Article
English
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Overview of Advances in Risk Management of Government Debt
OECD, Pages: 117–134
in
Financial Market Trends
Modern risk management has become an important tool for achieving strategic debt targets in the OECD area. In essence, risk management policies, based on the use of formal methods, are now an integral part of debt management in most OECD ...
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17 Mar 2005
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Article
English
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White Paper on Government of Collective Investment Schemes (CIS)
OECD, Pages: 137–169
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Financial Market Trends
Collective Investment Schemes (CIS) have been one of the most significant developments in financial intermediation during the past few decades. OECD data indicate that CIS assets have been rising sharply as a share of national income and a share of ...
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17 Mar 2005
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Article
English
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Highlights of OECD Financial Outreach Activities in 2004
OECD, Pages: 173–189
in
Financial Market Trends
Following the end of the "Cold War", the OECD has, since the early 1990s, been conducting "Outreach" activities (i.e. policy dialogue and capacity-building cooperation activities with non-Member economies), first with the Central and Eastern ...
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17 Mar 2005
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Article
English
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Global Pension Statistics Project: Data Update
OECD, Pages: 191–194
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Financial Market Trends
The statistical exercise covers an extensive range of indicators. At this stage of the data collection, most of the relevant information was collected on autonomous pension funds, the fund type for which most of the detailed information was ...
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06 Jan 2005
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Article
English
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The Dynamics of Massification and Differentiation: A Comparative Look at Higher Education Systems in the United Kingdom and California
John Aubrey Douglass, Pages: 9–33
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Higher Education Management and Policy
US higher education and distinct state systems such as in California offer comparative models for UK higher education. This essay provides a comparative analysis of US and UK higher education, followed by a description of the development, and ...
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