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Do small developing economies, or SDEs, need a specific competition policy to create competitive markets? Against the backdrop of globalization, protectionist policies that promote state ownership and heavy regulation of key industries are proving increasingly ineffective for driving growth. Countries around the world are instituting reforms to promote competition and business creation, yet the economic and political concentration of power, feeble judicial systems, and the scarcity of human and financial resources pose special challenges to SDEs. Competition Policies in Emerging Economies features an in-depth analysis of two strategic industries—telecommunications and banking—in several Central American nations which sheds light on the dynamics of the transition to deregulation and trade liberalization. Examining the lessons learned from these experiences and presenting discussion of political, legal, economic, financial, cultural, and organizational issues, the book provides unique perspectives on competition policy and economic development. Competition Policies in Emerging Economies is primarily intended for decision-makers and policy analysts in international trade and economics, and will also appeal to researchers, academics, students, and professionals in the fields of institutional and development economics, international trade, and international affairs.

Economic policy. --- International economics. --- Development economics. --- Economic Policy. --- International Economics. --- Development Economics. --- Economics --- Economic development --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Economic nationalism --- Economic planning --- National planning --- State planning --- Planning --- National security --- Social policy --- Competition --- Telecommunication policy --- Banks and banking --- Government policy --- Telecommunication --- Telecommunication and state --- Competition (Economics) --- Competitiveness (Economics) --- Economic competition --- Commerce --- Conglomerate corporations --- Covenants not to compete --- Industrial concentration --- Monopolies --- Open price system --- Supply and demand --- Trusts, Industrial --- Economic aspects