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By Claudia Schatan, Eugenio Rivera Urrutia

Do small constructing economies, or SDEs, want a particular pageant coverage to create aggressive markets? opposed to the backdrop of globalization, protectionist rules that advertise nation possession and heavy legislation of key industries are proving more and more useless for using progress. international locations worldwide are instituting reforms to advertise pageant and company construction, but the industrial and political focus of energy, feeble judicial platforms, and the shortage of human and monetary assets pose exact demanding situations to SDEs. pageant rules in rising Economies positive factors an in-depth research of 2 strategic industries—telecommunications and banking—in a number of principal American countries which sheds gentle at the dynamics of the transition to deregulation and exchange liberalization. studying the teachings discovered from those studies and featuring dialogue of political, criminal, monetary, monetary, cultural, and organizational matters, the publication offers designated views on festival coverage and fiscal improvement. pageant guidelines in rising Economies is essentially meant for decision-makers and coverage analysts in foreign exchange and economics, and also will entice researchers, teachers, scholars, and execs within the fields of institutional and improvement economics, overseas exchange, and foreign affairs.

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Extra resources for Competition Policies in Emerging Economies: Lessons and Challenges from Central America and Mexico

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3). There are significant differences between the laws in terms of the areas that each addresses and of the responsibilities and functions assigned to competition authorities. The Panamanian law and the Nicaraguan draft, for example, list numerous tasks in addition to the defence of competition. 17 Under the Nicaraguan bill, the competition authority must deal with market competition, consumer protection, intellectual property, simplifying filing and application processes and unfair competition (in the sense of misleading or deceiving consumers).

Some countries even depend on imported wheat for domestic flour milling. In El Salvador the milling industry is duopolistic: Molinos de El Salvador (MOLSA) and Harinas de El Salvador (HARISA) control the three phases discussed. In Nicaragua there are only three flour millers, and they maintain very close ties to the two flour importers Proharina and Fhacasa. In Panama, the problem of the millers became one of the first cases to be investigated and prosecuted by the competition authority (CLICAC) in the mid-1990s.

4). 4). Although the small size of most of the countries considered in this study makes it difficult, at present, to demand professional preparation and experience in the field of economic competition, the laws require that the commissions include people with a background in economics together with professional lawyers. This is true of the recently approved Salvadoran law and the proposal under study in Guatemala. The case of Mexico is, without a doubt, the most advanced in this field, requiring 19 The new agency has two departments: the National Department on Free Competition and the National Consumer Protection Department.

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