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The role of competition policy in development strategies and the speciï¬c features of institutional design that are most conducive to development have been constant areas of enquiry in development economies. Standard economic theory holds tells us that competitive forces work best and deliver the expected outcomes when there exists a market that is not overridden by distortions. The model of free market economies is a theoretical construct with great historical power. It is the model that is introduced at the beginning of every economics text book and has been canonized with the authority of Adam Smith, the founder of modern economics. Free competition is a fundamental assumption in any market economy and has even been seen as one of the foundations for democratic societies.Competition law in Nigeria is undoubtedly still a novel concept, although several attempts have been made to implement competition law legislation.
The term globalisation, though new in coinage is old in terms of its antecedents. It can be traced to the advent of the spread of the two major religions – Christianity and Islam. These religions started from the Asian continent and spread to a...
The Journal is an interdisciplinary journal designed to respond to intersecting ï¬elds and welcomes submissions from researchers and scholars from all disciplines. The ï¬elds of criminal law and criminal justice not only intersect in the thou...
A well functioning financial sector safety net is an essential elemement for a financial sector. It guarantees the safety of the banking system and its deposits, inspires confidence in the system and safeguards against any shocks. The global financia...
Fourteenth in a series of annual reports comparing business regulation in 190 economies, Doing Business 2017 measures aspects of regulation affecting 10 areas of everyday business activity: • Starting a business • Dealing with construction ...
The experience of many countries around the world clearly shows that while financial sector development can spur economic growth, financial fragility and instability can seriously harm growth. Following the financial crises of the late 1990s, there h...
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