The Devil Is In The Details Analysis Of Substantial Market Power In Fijian Markets


The Devil Is In The Details Analysis Of Substantial Market Power In Fijian Markets
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The Devil Is In The Details Analysis Of Substantial Market Power In Fijian Markets


The Devil Is In The Details Analysis Of Substantial Market Power In Fijian Markets
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Author : Releshni Karan Reddy
language : en
Publisher: Scientific Research Publishing, Inc. USA
Release Date : 2022-07-13

The Devil Is In The Details Analysis Of Substantial Market Power In Fijian Markets written by Releshni Karan Reddy and has been published by Scientific Research Publishing, Inc. USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07-13 with Antiques & Collectibles categories.


Fiji, being remotely located with a small population, does not attract many players to its economy. Fewer players with large market shares coupled with high barriers to entry allow firms with substantial market power (“SMP”) to form. This research aims to explore the existence of SMP amongst selected markets and the adequacy of Fiji’s regulatory law, which is inspired by the US and EU competition regulation models. Based on the analysis of competition cases and in-depth interviews with members of the Fijian competition authority, the research examines how FCCC has dealt with the issues of testing SMP in relevant markets. Three industries were randomly selected as case studies. These were the telecommunications industry, shipping industry and the LPG industry. SMP was tested using a three-stage test. Stage One was choosing the relevant market and Stage Two was analysing the market conditions such as market shares of players and barriers to entry. Stage Three was analysing whether the player could maintain its price independently of its consumers and competitors. If Stages Two and Three was affirmative in respect of Stage One, SMP was held to exist. Legislation was closely examined to identify and verify the test of firms holding SMP. The results show existence of firms holding SMP in the chosen markets in telecommunications, shipping and LPG sectors. Competition legislation in Fiji does not limit the mere existence of SMP but punishes abuse of its SMP. The results identify the ways in which the authority seeks to adjust its competition system to the particularities of a small developing country, in terms of legislation, economy, culture and institutional framework. The existing legislation needs to be reformed to include provisions identifying tests for SMP. The study reveals inconsistencies between the formal provisions of the competition law and the manner in which it is applied and advances recommendations for improvement.



The Fijian Colonial Experience


The Fijian Colonial Experience
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Author : Timothy J. MacNaught
language : en
Publisher: ANU Press
Release Date : 2016-06-01

The Fijian Colonial Experience written by Timothy J. MacNaught and has been published by ANU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-01 with History categories.


Indigenous Fijians were singularly fortunate in having a colonial administration that halted the alienation of communally owned land to foreign settlers and that, almost for a century, administered their affairs in their own language and through culturally congenial authority structures and institutions. From the outset, the Fijian Administration was criticised as paternalistic and stifling of individualism. But for all its problems it sustained, at least until World War II, a vigorously autonomous and peaceful social and political world in quite affluent subsistence — underpinning the celebrated exuberance of the culture exploited by the travel industry ever since.



The Politics Of Order In Informal Markets


The Politics Of Order In Informal Markets
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Author : Shelby Grossman
language : en
Publisher: Cambridge University Press
Release Date : 2021-06-24

The Politics Of Order In Informal Markets written by Shelby Grossman and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-06-24 with Business & Economics categories.


This book introduces a theory for how the state shapes private governance, leveraging data from informal markets in Lagos, Nigeria.



Globalisation And Governance In The Pacific Islands


Globalisation And Governance In The Pacific Islands
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Author : Stewart Firth
language : en
Publisher: ANU E Press
Release Date : 2006-12-01

Globalisation And Governance In The Pacific Islands written by Stewart Firth and has been published by ANU E Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-12-01 with Business & Economics categories.


"The Pacific Islands are feeling the effects of globalisation. Free trade in sugar and garments is threatening two of Fiji's key industries. At the same time other opportunities are emerging. Labour migration is growing in importance, and Pacific governments are calling for more access to Australia's labour market. Fiji has joined Samoa, Tonga, Tuvalu and Kiribati as a remittance economy, with thousands of its citizens working overseas. Meantime, Papua New Guinea and Solomon Islands grapple with an older kind of globalisation in which overseas companies exploit mineral and forest resources. The Pacific Islands confront unique problems of governance in this era of globalisation. The modern, democratic state often fits awkwardly with traditional ways of doing politics in that part of the world. Just as often, politicians in the Pacific exploit tradition or invent it to serve modern political purposes. The contributors to this volume examine Pacific globalisation and governance from a wide range of perspectives. They come from Papua New Guinea, Solomon Islands, Hawai'i, the Federated States of Micronesia, Samoa, Fiji, New Zealand and Jamaica as well as Australia."--Publisher's description.



Fiji


Fiji
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Author : Daryl Tarte
language : en
Publisher: ANU Press
Release Date : 2014-11-11

Fiji written by Daryl Tarte and has been published by ANU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-11-11 with Political Science categories.


Few people have been in the unique position of being able to observe and record the dramatic changes that have taken place in the islands of Fiji over the past 80 years than fourth-generation citizen, Daryl Tarte. He writes emotively, in great detail, about his personal experience of growing up on a remote island during the colonial era, when races were segregated, and white people lived an elite existence. Following independence, he has been personally involved with many of the key economic, political and social activities that have evolved and enabled the nation to progress during the 20th century. These include the sugar industry, tourism, commerce and industry, religion, the media, women and of course, the coups. His observations into the complexities of leadership in these areas of national development are fascinating and perceptive. Much of the story is told through the eyes of the many people of all races with whom he has interacted. Fiji is made up of over 300 unique islands. Tarte has been to many of them, and in a final chapter he gives an insightful commentary of how different they all are.



Oil To Cash


Oil To Cash
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Author : Todd Moss
language : en
Publisher: CGD Books
Release Date : 2015-06-10

Oil To Cash written by Todd Moss and has been published by CGD Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-10 with Business & Economics categories.


Oil to Cash explores one option to help countries with new oil revenue avoid the so-called resource curse: just give the money directly to citizens. A universal, transparent, and regular cash transfer would not only provide a concrete benefit to regular people, but would also create powerful incentives for citizens to hold their government accountable. Oil to Cash details how and where this idea could work and how policymakers can learn from the experiences with cash transfers in places like Mexico, Mongolia, and Alaska.



Why Doesn T Microfinance Work


Why Doesn T Microfinance Work
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Author : Milford Bateman
language : en
Publisher: Zed Books Ltd.
Release Date : 2010-06-10

Why Doesn T Microfinance Work written by Milford Bateman and has been published by Zed Books Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-06-10 with Business & Economics categories.


Since its emergence in the 1970s, microfinance has risen to become one of the most high-profile policies to address poverty in developing and transition countries. It is beloved of rock stars, movie stars, royalty, high-profile politicians and ‘troubleshooting’ economists. In this provocative and controversial analysis, Milford Bateman reveals that microfinance doesn’t actually work. In fact, the case for it has been largely built on hype, on egregious half-truths and – latterly – on the Wall Street-style greed of those promoting and working in microfinance. Using a multitude of case studies, from India to Cambodia, Bolivia to Uganda, Serbia to Mexico, Bateman demonstrates that microfi nance actually constitutes a major barrier to sustainable economic and social development, and thus also to sustainable poverty reduction. As developing and transition countries attempt to repair the devastation wrought by the global financial crisis, Why Doesn’t Microfinance Work? argues forcefully that the role of microfinance in development policy urgently needs to be reconsidered.



Banking On The Future Of Asia And The Pacific


Banking On The Future Of Asia And The Pacific
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Author : Peter McCawley
language : en
Publisher: Asian Development Bank
Release Date : 2017-04-01

Banking On The Future Of Asia And The Pacific written by Peter McCawley and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-01 with Business & Economics categories.


This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific. Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, this book raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB’s successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific the past 50 years. As ADB continues to evolve and adapt to the region’s changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future.



Regulatory Cycles Revisiting The Political Economy Of Financial Crises


Regulatory Cycles Revisiting The Political Economy Of Financial Crises
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Author : Jihad Dagher
language : en
Publisher: International Monetary Fund
Release Date : 2018-01-15

Regulatory Cycles Revisiting The Political Economy Of Financial Crises written by Jihad Dagher and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-15 with Business & Economics categories.


Financial crises are traditionally analyzed as purely economic phenomena. The political economy of financial booms and busts remains both under-emphasized and limited to isolated episodes. This paper examines the political economy of financial policy during ten of the most infamous financial booms and busts since the 18th century, and presents consistent evidence of pro-cyclical regulatory policies by governments. Financial booms, and risk-taking during these episodes, were often amplified by political regulatory stimuli, credit subsidies, and an increasing light-touch approach to financial supervision. The regulatory backlash that ensues from financial crises can only be understood in the context of the deep political ramifications of these crises. Post-crisis regulations do not always survive the following boom. The interplay between politics and financial policy over these cycles deserves further attention. History suggests that politics can be the undoing of macro-prudential regulations.



A Better Globalization


A Better Globalization
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Author : Kemal Derviş
language : en
Publisher: CGD Books
Release Date : 2005

A Better Globalization written by Kemal Derviş and has been published by CGD Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.


Discusses the two broad dimensions of the globalization debate--economic, including finance, trade, poverty, and health; and political, covering security, the fight against terrorism, and the role of international institutions--and the significance of democratic consent in the twenty-first century--Provided by publisher.