COMPETITION: ENGINE FOR PROSPERITY

The EFN Asia 2011 Conference discussed the role of governmental competition policy and competition in public service delivery. The benefits of economic competition were laid out, debate over what extent the state should regulate market processes to ensure free and fair competition took place and the Malaysian version of the 2011 Economic Freedom of the World index was launched.

Keynote speakers included Florencio Abad, Secretary of the Department of Budget and Management in the Philippines, Dr. Jürgen Morlok, Head of the Board of Trustees of the Friedrich Naumann Foundation for Freedom, Fred McMahon, Director of the Centre for Trade and Globalism at the Fraser Institute and Dr. Koh Tsu Koon, Minister of the Department of the Prime Minister’s Office (Malaysia), among others.

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