Publication:
Product Market Regulation in Romania : A Comparison with OECD Countries - Part II

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dc.contributor.authorFay, M.
dc.contributor.authorDe Rosa, D.
dc.contributor.authorPauna, C.
dc.date.accessioned2012-03-30T07:31:52Z
dc.date.available2012-03-30T07:31:52Z
dc.date.issued2008
dc.description.abstractLess restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Romania to those of OECD countries by estimating OECD indicators of Product Market Regulation (PMR). The PMR indicators allow a comprehensive mapping of policies affecting competition in product markets. Comparison with OECD countries reveals that Romania's product market policies are less restrictive of competition than most direct comparators from the region and not far from the OECD average. Nonetheless, this achievement should be interpreted in light of the fact that PMR approach measures officially adopted policies. It does not capture implementation and enforcement, the area where future reform efforts should be directed if less restrictive policies are to have an effective impact on long-term growth prospects. Part Outward-oriented Policies with some suggestions for the next steps.en
dc.identifier.citationRomanian Journal of Economic Forecasting
dc.identifier.issn1582-6163
dc.identifier.urihttps://hdl.handle.net/10986/5223
dc.language.isoEN
dc.relation.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.rights.holderWorld Bank
dc.titleProduct Market Regulation in Romania : A Comparison with OECD Countries - Part IIen
dc.title.alternativeRomanian Journal of Economic Forecastingen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.doctypeJournal Article
okr.externalcontentExternal Content
okr.identifier.externaldocumentum1918
okr.identifier.internaldocumentumWOS:000257521400001
okr.journal.nbpages5-29
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.countryRomania
okr.volume9
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