Competition Policy: The Comparative Advantage of Developing Countries
17 Pages Posted: 14 Feb 2017
Date Written: February 1, 2017
Despite all of the handicaps of developing countries, this article argues, developing countries have two overlooked comparative advantages in the realm of competition policy: their incentives are better aligned than those of the developed countries to design a competition law fit for their economic context, and their incentives are better aligned than those of the developed countries to design a regional framework and global norms. While the author does not presume that developing countries would have the power to act on their advantages to change the world, she argues that recognition of these better aligned incentives could spur their leaders to make the case for a better architecture for regional collaboration and world coherence from the vantage of less powerful nations.
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