Promoting Effective Competition Policies for Shared Prosperity and Inclusive Growth
June 23, 2015World Bank Headquarters, Room MC 13-121, 1818 H street NW Washington, DC, 20433

In partnership with the Organisation for Economic Co-operation and Development (OECD), the World Bank Group is hosting a full-day conference to explore the role of competition policy as a tool to promote more sustainable and inclusive economic growth.

As part of the World Bank Group's Global Engagement on Competition Policy, this conference will include leading academics, policy makers, and practitioners from across the world, as well as senior officials from international organizations. This event will contribute to inform the joint efforts of the Trade & Competitiveness and Poverty Global Practices of the World Bank Group to understand the relationship between (lack of) competition and the Bank Group's twin goals.

This conference follows an international call for papers to foster empirical research in order to better understand the effects of lack of competition on welfare and contribute to World Bank Group’s efforts towards increasing effectiveness  of competition policy implementation in client countries. 

In addition, this one-day event will feature a roundtable discussion of award-winning stories from the 2014-2015 Competition Advocacy Contest: Inclusive growth for shared prosperity organized by the World Bank Group in collaboration with the International Competition Network (ICN). 

(9:00am-10:30am) Session I: Evidence of lack of competition on Economic Welfare

  • Microeconomic Policies, Macroeconomic Implications
  • Competition Policy as a tool to foster shared prosperity and inclusive Growth
  • Effects of market power on poverty and distribution of wealth

(11:00am-12:30pm) Session II: Effects of antitrust enforcement on shared prosperity and inclusive growth

  • Antitrust enforcement as a tool for private sector development
  • Gains and losses of antitrust enforcement in key economic sectors
  • The true impact of cartels: quantifying actual damages

(2:30pm-4:00pm) Session III: Effects of procompetitive sector regulations on shared prosperity and inclusive growth

  • Achieving shared prosperity through pro-competitive policies
  • Bridging innovation, trade and competition
  • Tackling anticompetitive effects in key sectors: agribusiness, telecommunications and retail

(4:20pm-6:00pm) Session IV: Building a Culture of Competition and Open Markets for Private Sector Development and Economic Growth

  • Promoting pro-competitive reforms that foster growth and reduce inequality 
  • Promoting awareness of competition benefits in a time of crisis 
  • Promoting cooperation with relevant public bodies in order to balance other public interests with competition goals

The program will conclude with the Award Ceremony of the Competition Advocacy Contest organized by the World Bank Group and the International Competition Network.

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    Organisation for Economic Co-operation and Development

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    International Competition Network

Event details
  • Where: Room MC 13-121, World Bank, 1818 H street NW, Washington, DC
  • When: 9:00am-6:30pm, June 23, 2015
  • CONTACT: Martha Martinez Licetti