This week the UK’s Overseas Development Institute released a report, entitled “Assessing the Economic Impact of Competition” (also discussed on the July 22 blog entry). The report discusses the findings of an ODI research project, which examined (1) how the policy framework of a country affects the degree of competition in any given product market, and (2) how the degree of competition affects market outcomes, such as price, competitiveness, innovation, and access to services. ODI conducted primary research in Zambia, Kenya, Ghana, Vietnam, and Bangladesh across four product markets: sugar, cement, beer, and mobile phone services. In addition to stating the research findings in each of these markets, the report draws interesting country comparisons of policy frameworks and market structures. The report concludes with policy recommendations for each country and a general discussion of the impact of competition on economic performance in markets.
To view the report, click here.