Competition is a development issue: effective competition laws and policy benefit consumers in the developing world and help to reduce poverty.
The development and enforcement of competition law is a research-based function, and much can be learned from the practical problems faced in developing countries and the steps that have been taken to overcome those problems.
On August 14, 2008, Stephen McGurk, IDRC's Regional Director for South Asia and China, Roger Nellist, DFID, and Pradeep S Mehta of CUTS, launched Competition and Development: The Power of Competitive Markets by Susan Joekes and Phil Evans at a seminar in Delhi. The book is part of the IDRC in_focus collection.
Unlike water and sanitation, competition isn’t generally thought of as an important development issue. But competition keeps markets honest, ensuring that people pay fair prices for the goods and services they consume.