Small economies often import regulation from larger countries, but is this the right approach given the special economic conditions of small countries?
SPC Network, in a project supported by Cable & Wireless, examined what form of regulation is proportionate for small economies. The project involved a review of the existing literature on competition policy in small economies and a special survey to establish the issues and appropriate policy responses. We proposed a seven point regulatory agenda specially designed for small countries.
"SPC Network produced a rigorous and independent assessment of the unique challenges of small economies which they were able to illustrate with empirical evidence from a diverse group of countries. Their paper is an excellent contribution to the current debate in small countries." — Cable & Wireless.