Building Market Institutions in South Eastern Europe, a collaborative effort of the World Bank and the EBRD, analyses the institutional impediments to investment and growth in eight SEE countries - Albania, Bosnia and Herzegovina, Bulgaria, Croatia, FYR Macedonia, Moldova, Romania, and Serbia and Montenegro - and suggests policy reforms to ease these constraints. The analysis focuses on four core issues: (i) Business competition and economic barriers to entry/exit, (ii) Access to...
More DescriptionBuilding Market Institutions in South Eastern Europe, a collaborative effort of the World Bank and the EBRD, analyses the institutional impediments to investment and growth in eight SEE countries - Albania, Bosnia and Herzegovina, Bulgaria, Croatia, FYR Macedonia, Moldova, Romania, and Serbia and Montenegro - and suggests policy reforms to ease these constraints. The analysis focuses on four core issues: (i) Business competition and economic barriers to entry/exit, (ii) Access to regulated utilities and services, (iii) Corporate ownership, financial transparency and access to finance, and (iv) Commercial dispute resolution. These issues are investigated empirically across the SEE countries to allow for cross-country comparisons and to develop a regional perspective on corresponding policy challenges.