Antitrust and Economic Development

Author: Wu Xiaoding
Publisher:
Publish Date: 2006-04-01
Features: Research on modern competition theory and competition policy has traditionally focused on the United States as a representative, with Western developed market economy countries as the analytical objects. This book takes Japan, a representative country of the "East-West model," as the analytical object. The Japanese economy has characteristics quite different from those of Western developed market economies. Its late development, strong government intervention, and unique transaction methods and practices place Japan's market competition in a special environment. Explaining the phenomena in Japan's competitive order that differ from the Western model is a new topic in the theoretical research of competition policy, a key challenge, and also the theoretical significance and academic value of this book. Japan is a late-developing country, and the characteristics of late-developing economies lie in the presence of substantial non-market external factors during their development process. Previous theories have not provided an effective theoretical analytical framework for competition mechanisms involving significant external factors. The author will strive to overcome this difficulty and analyze, interpret, and argue the relationship between competition policy and economic development from various perspectives, hoping to provide some reference for future research.