P. Jasinski et C. Ross, The use of policies for competition in the promotion of structural change in transforming economies, POST-C ECON, 11(2), 1999, pp. 193-217
This article takes as its central theme the idea that competition policy is
merely one among many policies which can and should be used to promote com
petition in an economy. After having considered the importance of competiti
on for any healthy economy, the article examines the inextricable links bet
ween competition and transition, in particular marketisation and liberalisa
tion, and discusses in detail the scope for the use of various policies for
competition in the transformation process. Within this discussion, particu
lar attention is paid To the importance of the legal and institutional fram
ework, the process of privatisation, macroeconomic stability, ease of entry
, supply side policies, the role of small and medium-sized enterprises (SME
s), and trade policy in contributing to the development of a market economy
. The article concludes by noting the extreme care that must be taken not o
nly in the content of such policies but also in their implementation, somet
hing which is easily demonstrated by the experience of developed capitalist
economies in the West.