By Mark Williams
This booklet comprehensively examines pageant coverage and legislation in better China--the People's Republic, Hong Kong, and Taiwan. The evolution of pro-competition guidelines in every one jurisdiction is traced within the context of foreign advancements in pageant coverage adoption via constructing and transitional economies in addition to the advocacy of pageant adoption by way of the next foreign agencies- WTO, OECD, UNCTAD, the area financial institution and the IMF. A theoretical rationalization of the saw advancements concludes that winning festival coverage adoption is not likely to prevail, with out a functioning democratic approach.
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Additional info for Competition Policy and Law in China, Hong Kong and Taiwan
This argument will be considered later in the analysis of the Hong Kong telecommunications sector. Another populist cause is that of equity and the notion that the overconcentration of economic power in a few hands is inherently dangerous. The argument runs that this may imperil the functioning of democratic institutions. 14 The reverse is also the raison d’etre true. In Hong Kong, those who currently hold the levers of economic power also, directly or indirectly, control the policy-formation process and so, unsurprisingly, the Hong Kong government has been a vociferous opponent of domestic or international legislation on competition; a full analysis of this phenomenon will be offered later.
Point of view. Constructivism rejects the previous three paradigms at the ontological level. It postulates that reality cannot be said to be ‘out there’ but exists in multiple forms in the mental constructs of the researcher. Everyone has their own version of reality, socially and experientially based, local and speciﬁc, and dependent for form and content on the person who holds it. Ontologically, if there are many different interpretations of the research (as many as there are people producing the results or reading them) then realities are multiple and the search is for more sophisticated constructions, not ‘reality’.
Political and governmental weaknesses then compound this ﬂawed approach. Further, a one-size-ﬁts-all mentality is often apparent, that demonstrates either a bias towards the foreign consultants’ own familiar but complex system and/or a lack of knowledge of the realities of government and law enforcement in the recipient country. Another reason for inappropriate wholesale adoption might be the desire by the adopting country to emulate the perceived prestige or success of the foreign system, without appreciating the vital importance of adopting a system to ﬁt local objectives and taking into account local capacity to operate a 24 competition theory and adoption 25 competition system.
Competition Policy and Law in China, Hong Kong and Taiwan by Mark Williams