In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries. Prudent macroeconomic policies will be critical to prolonging the current expansion, given the risks associated with high inflation and volatile...

This paper assesses the extent to which India's regulatory environment promotes or inhibits competition in markets where technology and market conditions make competition viable. The analysis is based on the OECD’s indicators of Product Market Regulation (PMR) which have been used extensively...

The extent of competition in product markets is an important determinant of economic growth in both developed and developing countries. This paper uses the 2008 vintage of the OECD indicators of product market regulation to assess the extent to which China’s regulatory environment is...