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Building Market Institutions in South Eastern Europe: Comparative Prospects for Investment and Private Sector Development (Directions in Development)
 
 
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Building Market Institutions in South Eastern Europe: Comparative Prospects for Investment and Private Sector Development (Directions in Development) [Paperback]

Harry G. Broadman (Author), James Anderson (Author), Constantijn A. Claessens (Author), Randi Ryterman (Author), Stefka Slavova (Author), Maria Vagliasindi (Author), Gallina A. Celette (Author)

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Book Description

082135776X 978-0821357767 May 2004
Building Market Institutions in South Eastern Europe - a study of impediments to investment and private sector development in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the former Yugoslav Republic of Macedonia, Moldova, Romania, and Serbia and Montenegro - yields fundamentally new insights for improving the region's business environment, economic development, and prospects for growth. It focuses on four core topics: - Business competition and economic barriers to entry and exit - Access to regulated utilities and services - Corporate ownership, transparency of business accounts, and access to finance - Mechanisms for commercial dispute resolution. Each topic is empirically investigated across all eight South Eastern European countries through the systematic use of data from multiple sources: - Official data from each country in the region - Results from two annual rounds of quantitative, firm-level surveys covering 1,600 firms - Results from 40 originally developed enterprise-level business case studies. The result is an innovative analysis of cross-country comparisons and the development of key policy challenges from a regional perspective. Building Market Institutions in South Eastern Europe, a collaborative effort between the World Bank and the European Bank for Reconstruction and Development, offers important practical insights for all policymakers and observers concerned with the future of South Eastern Europe. It makes concrete recommendations for reforms that would ease the constraints on domestic and foreign investment, an essential step in sustaining growth and reducing poverty in the region.

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Inside This Book (learn more)
First Sentence:
Accelerating growth and reducing poverty through the establishment of a stable, transparent, and uniform investment framework are key to restoring and consolidating peace and stability in South Eastern Europe (SEE). Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
judicial capture, referenced fixed effects, interenterprise competition, private protection firms, novo private firms, novo enterprises, margins pertain, individual country regressions, resolving business disputes, regional energy market, surveyed enterprises, basic market institutions, specialized commercial courts, surveyed firms, novo firms, judicial formalism, building market institutions, payment disputes, financial transparency, court users, interviewed firms, commercial dispute resolution, four policy areas, payment discipline, using barter
Key Phrases - Capitalized Phrases (CAPs): (learn more)
World Bank, European Union, South Eastern European, Stability Pact, Lex Mundi, Herzegovina Bulgaria, Croatia Macedonia, Republika Srpska, European Commission, South East Europe, United States, Central Europe, Transition Report, Moldova Romania Montenegro, South East Corporate Governance Roundtable, American Bar Association, Czech Republic, Yugoslav Republic of Macedonia, Peter Murrell, Policy Research Working Paper, Russian Federation, United Nations, Deutsche Telekom, International Monetary Fund, Working Table
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