Martínez Licetti, Martha

Markets and Competition Policy Team, Macroeconomics Trade and Investment Global Practice
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Markets and Competition Policy Team, Macroeconomics Trade and Investment Global Practice
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Last updated January 31, 2023
Martha Martínez Licetti is a Global Lead at the World Bank’s Macroeconomics, Trade, and Investment Global Practice, where she heads the Markets and Competition Policy Team. During her eight years at the Bank, Licetti has held different positions, including advisor on trade and competitiveness matters, as well as lead economist of the Global Trade Unit, where she has studied the connection between trade agreements and competition-enhancing domestic policies. She has been the technical lead on several projects aimed at improving the investment climate and fostering an efficient private sector through competition reforms across Eastern Europe and Central Asia, Latin America, the Middle East and North Africa, and the Sub-Saharan Africa region. She has led private-sector contributions to Bank-wide initiatives on state-owned enterprises, public procurement frameworks, and improvements to IFC investments. In her current role, she has developed an innovative competition policy offering, and she has built a portfolio of advisory and lending support to more than 60 client countries around the world. Before joining the Bank, Licetti worked as a practitioner in leading positions in the private and public sectors in areas of antitrust, market and competition analysis, state-owned enterprises, telecom regulation, anti-dumping, and trade negotiations. She is an economist, specializing in industrial organization, applied microeconomics, and antitrust, with more than 15 years of experience in economic regulation, markets, and competition policy. She has given lecture courses in industrial organization, network regulation, antitrust, and economic analysis of law, and she has published articles on antitrust policies in Latin America, Europe, and the United States. She has doctoral, masters, and advanced studies degrees in economics from Northeastern University in Boston, University of Texas at Austin, and the Institute of World Economics in Kiel, Germany. Her current research interests focus on understanding the empirical relationship between competition policy and market regulation, inclusive growths, and shared prosperity.

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    Strengthening Argentina's Integration into the Global Economy: Policy Proposals for Trade, Investment, and Competition
    (Washington, DC: World Bank, 2018-04-09) Martínez Licetti, Martha ; Iootty, Mariana ; Goodwin, Tanja ; Signoret, José
    Integration into global markets can improve the efficiency of the Argentinian economy, providing opportunities for private investment to flourish and for the associated benefits to accrue to consumers. Among many policies that are important for integrating into the global economy, particularly relevant are trade, investment, and competition policies. They all share a common attribute: the capacity to shape the incentives of firms to improve resource allocation and to strengthen productivity while integrating into international markets. Once properly combined, investment, trade, and competition polices have mutually reinforcing relationships in the sense that growth dividends stemming from reforms in one policy area are reinforced when properly combined with reforms in the other two. Against this backdrop, this report follows a three-pronged approach. It presents a set of robust empirical analyses – drawing from both general and partial equilibrium exercises - to assess the potential impacts from trade, competition, and investment policy reforms. It offers a new comparative review of international experience with structural microeconomic reform programs to bring insights for Argentina’s design and sequencing of such reforms. Finally, it presents individual reform recommendations for each institution in charge of the three respective policy areas in an integrated step-by-step framework from the firm perspective to illustrate the critical challenges to investment and internationalization for Argentinian firms.