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Achieving Inclusive and Innovative Growth with Competition Policies

Author

Listed:
  • Han, Minsoo

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

  • Kim, Subin

    (KOREA INSTITUTE FOR INTERNATIONAL ECONOMIC POLICY (KIEP))

Abstract

In recent years, inequality has grown worse worldwide. Recent studies have pointed out weakening market competition and deepening industrial concentration as one of factors for this phenomenon. Therefore, the role of competition policies in promoting market competition should also be considered as a countermeasure against deepening inequality beyond the traditional view about competition policies. Against this backdrop, we empirically analyze cases of the US, the EU and Korea, and then propose a competition policy direction to achieve inclusive and innovative growth pursued by the Korean government.

Suggested Citation

  • Han, Minsoo & Kim, Subin, 2022. "Achieving Inclusive and Innovative Growth with Competition Policies," World Economy Brief 22-2, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2022_002
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    Keywords

    competition policy; market competition; US; EU; Korea; inclusive and innovative growth;
    All these keywords.

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