Product Market Competition and Economic Performance in Korea:
Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea's development strategy has tended to weaken competition and has left a legacy of government interve...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2004
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| Schriftenreihe: | OECD Economics Department Working Papers
no.399 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea's development strategy has tended to weaken competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy, increasing openness to international trade and foreign direct investment and improving the regulatory framework in network industries. In particular, the power of the Korea Fair Trade Commission should be expanded, while raising the level of sanctions and scaling back special treatment for certain sectors. Barriers to imports remain above the OECD average, particularly in agriculture, while the stock of inward direct investment is among the lowest in the OECD area. Restructuring plans in the network industries, notably electricity and gas, have lagged behind schedule. Price distortions and the absence of independent ... |
| Beschreibung: | 1 Online-Ressource (44 p.) 21 x 29.7cm. |
| DOI: | 10.1787/634035868056 |
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| 520 | |a Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea's development strategy has tended to weaken competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy, increasing openness to international trade and foreign direct investment and improving the regulatory framework in network industries. In particular, the power of the Korea Fair Trade Commission should be expanded, while raising the level of sanctions and scaling back special treatment for certain sectors. Barriers to imports remain above the OECD average, particularly in agriculture, while the stock of inward direct investment is among the lowest in the OECD area. Restructuring plans in the network industries, notably electricity and gas, have lagged behind schedule. Price distortions and the absence of independent ... | ||
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| spelling | Baek, Yongchun VerfasserIn aut Product Market Competition and Economic Performance in Korea Yongchun, Baek, Randall S., Jones and Michael, Wise = Concurrence sur les marchés de produits et performances économiques en Corée / Yongchun, Baek, Randall S., Jones et Michael, Wise Concurrence sur les marchés de produits et performances économiques en Corée Paris OECD Publishing 2004 1 Online-Ressource (44 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.399 Maintaining rapid economic growth depends increasingly on productivity gains, particularly in the service sector. Competition has an important role to play in achieving such gains. However, Korea's development strategy has tended to weaken competition and has left a legacy of government intervention. Strengthening competition requires upgrading competition policy, increasing openness to international trade and foreign direct investment and improving the regulatory framework in network industries. In particular, the power of the Korea Fair Trade Commission should be expanded, while raising the level of sanctions and scaling back special treatment for certain sectors. Barriers to imports remain above the OECD average, particularly in agriculture, while the stock of inward direct investment is among the lowest in the OECD area. Restructuring plans in the network industries, notably electricity and gas, have lagged behind schedule. Price distortions and the absence of independent ... Economics Korea, Republic of Jones, Randall S... MitwirkendeR ctb Wise, Michael MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/634035868056 Volltext |
| spellingShingle | Baek, Yongchun Product Market Competition and Economic Performance in Korea Economics Korea, Republic of |
| title | Product Market Competition and Economic Performance in Korea |
| title_alt | Concurrence sur les marchés de produits et performances économiques en Corée |
| title_auth | Product Market Competition and Economic Performance in Korea |
| title_exact_search | Product Market Competition and Economic Performance in Korea |
| title_full | Product Market Competition and Economic Performance in Korea Yongchun, Baek, Randall S., Jones and Michael, Wise = Concurrence sur les marchés de produits et performances économiques en Corée / Yongchun, Baek, Randall S., Jones et Michael, Wise |
| title_fullStr | Product Market Competition and Economic Performance in Korea Yongchun, Baek, Randall S., Jones and Michael, Wise = Concurrence sur les marchés de produits et performances économiques en Corée / Yongchun, Baek, Randall S., Jones et Michael, Wise |
| title_full_unstemmed | Product Market Competition and Economic Performance in Korea Yongchun, Baek, Randall S., Jones and Michael, Wise = Concurrence sur les marchés de produits et performances économiques en Corée / Yongchun, Baek, Randall S., Jones et Michael, Wise |
| title_short | Product Market Competition and Economic Performance in Korea |
| title_sort | product market competition and economic performance in korea |
| topic | Economics Korea, Republic of |
| topic_facet | Economics Korea, Republic of |
| url | https://doi.org/10.1787/634035868056 |
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