Economic Development: The Critical Role of Competition Law and Policy

Edited by Eleanor M. Fox, Professor of Law Emerita, Walter J. Derenberg Professor of Trade Regulation Emerita, New York University School of Law, US and Abel M. Mateus, Professor of Economics, New Lisbon University, Portugal

‘These two volumes contain a superb collection of readings on how markets, competition, and competition law can enhance the growth and development of developing countries. . . These volumes, containing also many other readings I have no space to mention, cover a wide range of topics lucidly, succinctly, and carefully. They are superb.’

• Contents:Volume IAcknowledgementsIntroduction Eleanor M. Fox and Abel M. MateusPART IPOLITICAL ECONOMY OF ECONOMIC DEVELOPMENT, INSTITUTIONS AND THE ROLE OF COMPETITION A.Economic Development and the Role of the Market Mechanism, Institutions and Policies in Developing Countries1. Michael Spence et al. (2008), ‘Sustained, High Growth in the Postwar Period’2. Michael Spence et al. (2008), ‘The Policy Ingredients of Growth Strategies’B.The Role of Markets and Competition Policies from a National Perspective3. R.S. Khemani (2007), ‘Interplay and Implications of High Product, Ownership and Financial Market Concentration’4. R.S. Khemani (2007), ‘Pro-Poor Benefits of Competition and Economic Growth’5. Philippe Aghion and Mark Schankerman (2004), ‘On the Welfare Effects and Political Economy of Competition-Enhancing Policies’C.Interest Groups, the Political Process and Competition in Developing Countries6. Gene M. Grossman and Elhanan Helpman (1994), ‘Protection for Sale’7. Karla Hoff and Joseph E. Stiglitz (2004), ‘After the Big Bang? Obstacles to the Emergence of the Rule of Law in Post-Communist Societies’D.The Role of Institutions in Development8. Dani Rodrik (2000), ‘Institutions for High-Quality Growth: What They Are and How to Acquire Them’E.The Problem of the Bottom Billion9. Paul Collier (2006), ‘African Growth: Why a “Big Push”?’PART IIGLOBALIZATION AND ITS IMPACT ON DEVELOPING COUNTRIES 10. Jagdish Bhagwati and T.N. Srinivasan (2002), ‘Trade and Poverty in the Poor Countries’11. Pranab Bardhan (2004), ‘The Impact of Globalization on the Poor’12. Ann Harrison and Margaret McMillan (2007), ‘On the Links Between Globalization and Poverty’13. Joseph E. Stiglitz (2004), ’Globalization and Growth in Emerging Markets’PART IIIINDUSTRIAL VERSUS COMPETITION POLICIES, PRIVATIZATION AND LIBERALIZATION A.Privatization and Liberalization: A Critique of the Washington Consensus14. John Williamson (1993), ‘Democracy and the “Washington Consensus”’15. Clifford Zinnes, Yair Eilat and Jeffrey Sachs (2001), ‘The Gains from Privatization in Transition Economies: Is “Change of Ownership” Enough?’16. T.N. Srinivasan (2000), ‘The Washington Consensus a Decade Later: Ideology and the Art and Science of Policy Advice’17. Rudiger Dornbusch (1992), ‘The Case for Trade Liberalization in Developing Countries’18. Paul R. Krugman (1987), ‘Is Free Trade Passé?’19. Dani Rodrik (1992), ‘The Limits of Trade Policy Reform in Developing Countries’20. Sebastian Edwards (1998), ‘Openness, Trade Liberalization, and Growth in Developing Countries’21. Dani Rodrik (2006), ‘Goodbye Washington Consensus, Hello Washington Confusion? A Review of the World Bank’s Economic Growth in the 1990s: Learning from a Decade of Reform’B.Industrial Policy Versus Competition Policy22. Gene M. Grossman (1990), ‘Promoting New Industrial Activities: A Survey of Recent Arguments and Evidence’23. Dani Rodrik (2007), Normalizing Industrial Policy24. Marcus Noland and Howard Pack (2003), ‘Conclusions’Volume IIAcknowledgementsIntroduction Eleanor M. Fox and Abel M. MateusPART ICOMPETITION LAW AND ADVOCACY A.Foundations and Perspectives – Are Developing Countries Different?1. Eleanor M. Fox (2007), ‘Economic Development, Poverty and Antitrust: The Other Path’2. Ignacio De León (2008), ‘Latin American Competition Policy: From Nirvana Antitrust to Reality-Based Institutional Competition Building’B.Monopolies and Abuse of Dominant Position3. Michael Adam and Simon Alder (2008), ‘Abuse of Dominance and its Effects on Economic Development’4. Philippe Brusick and Simon J. Evenett (2008), ‘Should Developing Countries Worry About Abuse of Dominant Power?’5. David Lewis (2008), ‘Chilling Competition’C.Cartels6. Frédéric Jenny (2006), ‘Cartels and Collusion in Developing Countries: Lessons from Empirical Evidence’7. John M. Connor (2009), ‘Latin America and the Control of International Cartels’D.Institutions8. William E. Kovacic (2001), ‘Institutional Foundations for Economic Legal Reform in Transition Economies: The Case of Competition Policy and Antitrust Enforcement’9. Abel M. Mateus (2010), ‘Competition and Development: Towards an Institutional Foundation for Competition Enforcement’E.International Architecture10. Robert Anderson and Frédéric Jenny (2005), ‘Competition Policy, Economic Development and the Possible Role of a Multilateral Framework on Competition Policy: Insights from the WTO Working Group on Trade and Competition Policy’11. Eleanor M. Fox (2009), ‘Linked-In: Antitrust and the Virtues of a Virtual Network’12. Simon J. Evenett (2005), ‘What Can We Really Learn from the Competition Provisions of RTAs?’13. Joel P. Trachtman (2003), ‘Legal Aspects of a Poverty Agenda at the WTO: Trade Law and “Global Apartheid”’PART VSELECTED COUNTRY EXPERIENCES A.China14. Giacomo Di Federico (2009), ‘The New Anti-monopoly Law in China from a European Perspective’B.India15. Aditya Bhattacharjea (2008), ‘India’s New Competition Law: A Comparative Assessment’C.Mexico16. Rafael del Villar (2008), ‘Competition and Equity in Telecommunications’D.Sub-Saharan Africa17. Thulasoni Kaira (2008), ‘The Role of Competition Law and Policy in Alleviating Poverty – The Case of Zambia’