Romania - Functional Review : Romania Competition Council

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dc.contributor.author
World Bank
en_US
dc.date.accessioned
2013-02-07T22:00:49Z
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dc.date.available
2013-02-07T22:00:49Z
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dc.date.issued
2010-10
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dc.identifier.uri
http://hdl.handle.net/10986/12281
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dc.description.abstract
The European Union is founded on a competitive market economy unified by commonly agreed rules and practices. While Romania has joined the Union, its ability to prosper fully within the common market requires a strengthened commitment to, and ability to protect, EU competition principles. Romania's legal and organizational framework for enhancing competition is tenuous and the current economic and fiscal crisis puts recent gains at risk. In particular, Romania's performance in competition policy still lags behind EU practice and is characterized by: (i) State-owned enterprises and government participation still play a dominant role in many important markets and sectors in Romania, controlling at least one firm in 14 key sectors of the economy and exhibiting a market share above 50% in at least one segment of network industries. (ii) Relatively low enforcement of competition policy against hard-core cartels and abusive practices while merger review cases that do not significantly impose threats to competition account for the bulk of the workload in the competition area. (iii) Low staffing for competition enforcement and economic analysis placing the Romania Competition Council (RCC) at the bottom of European Union rankings with no internal target deadlines to track performance. (iv) Active advocacy activities mainly focus on raising awareness of the importance of competition law but efforts need to be made to refocus activity on tackling anticompetitive regulation, expand advocacy to key groups within the government and implement alternative advocacy tools. A comprehensive reform program therefore is required at the national level, as well as within the Romanian Competition Council (RCC) as the key agency in guaranteeing healthy competition. Priority actions, further detailed in this report, include the following: (i) improve the competitive environment by reducing the dominant role of the state in several economic sectors, (ii) provide space for a redoubled RCC focus on competition enforcement establish a new unit within RCC to target hard core anti-competitive behavior take immediate steps, within the principles of the government's unified pay system, to ensure a level of compensation to core RCC competition staff commensurate with their responsibilities in front of the judiciary and private sector.
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dc.language
English
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dc.language.iso
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dc.publisher
Washington, DC
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dc.rights
CC BY 3.0 Unported
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/
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dc.subject
AGRICULTURE
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dc.subject
ALTERNATIVE POLICY INSTRUMENTS
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dc.subject
ANTI-COMPETITIVE PRACTICES
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ANTITRUST LAWS
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BARRIERS TO ENTRY
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dc.subject
BASIC METALS
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BEHAVIORS
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BENCHMARKS
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BEST PRACTICE
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BEST PRACTICES
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BUSINESS PRACTICE
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BUSINESS PRACTICES
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CARTEL
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CARTELS
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CENTRAL BANK
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CENTRAL BANKS
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dc.subject
CHANGE MANAGEMENT
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dc.subject
COLLABORATION
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COLLABORATIONS
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COLLECTION OF DATA
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COMMERCIALIZATION
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COMMON MARKET
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COMMUNITIES
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dc.subject
COMPETENCIES
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COMPETITION FRAMEWORK
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COMPETITION POLICIES
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COMPETITION POLICY
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COMPETITIVE ENVIRONMENT
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COMPETITIVE MARKET
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COMPETITIVE MARKETS
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COMPETITIVE PRICES
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COMPETITIVENESS
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COMPETITORS
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CONFLICT OF INTEREST
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CONFLICTS OF INTEREST
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CONSUMER GOODS
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CONSUMER PROTECTION
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CONSUMER SPENDING
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CONSUMERS
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COST OF ENTRY
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CROWDING OUT
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DAMAGES
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DISCUSSION
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DISCUSSIONS
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DOCUMENTS
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DOMESTIC MARKET
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DOMESTIC MARKETS
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EARLY REPAYMENT
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ECONOMETRIC ANALYSIS
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dc.subject
ECONOMETRICS
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dc.subject
ECONOMIC ANALYSIS
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dc.subject
ECONOMIC CONCENTRATION
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dc.subject
ECONOMIC COOPERATION
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dc.subject
ECONOMIC DEVELOPMENT
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ECONOMIC EFFICIENCY
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ECONOMIC GROWTH
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ECONOMIC IMPACT
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ECONOMIC SECTORS
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ECONOMIC SIZE
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ECONOMIC TOOLS
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ECONOMIC WELFARE
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ECONOMICS
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dc.subject
ECONOMICS RESEARCH
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dc.subject
ECONOMIES OF SCALE
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ECONOMISTS
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ELECTRICITY GENERATION
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EMPIRICAL EVIDENCE
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ENVIRONMENTAL
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EXCLUSIVE CONTRACTS
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FAIR
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FINANCIAL INSTITUTIONS
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FINANCIAL MANAGEMENT
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GDP
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GLOBAL MARKET
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GOVERNMENT ACTIONS
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GOVERNMENT INVOLVEMENT
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HARMONIZATION
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HUMAN RESOURCES
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dc.subject
INFORMATION TECHNOLOGY
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dc.subject
INSIGHTS
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INSTITUTIONAL MEMORY
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INSURANCE
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INTEGRATION
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INTERNATIONAL BEST PRACTICE
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INTERNATIONAL COMPETITION
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INVENTION
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INVENTORY
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ITC
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LAW ENFORCEMENT
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LEADING
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LEGAL FRAMEWORK
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LIBERALIZATION
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MARGINAL VALUE
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MARKET COMPETITION
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MARKET DEFINITION
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MARKET ECONOMY
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MARKET EFFICIENCY
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MARKET INTEGRATION
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MARKET PARTICIPANTS
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MARKET PERFORMANCE
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MARKET POWER
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MARKET REGULATION
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MARKET SHARE
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MARKET SHARES
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MARKET STUDIES
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MARKETPLACE
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MERGERS
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METRICS
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MINES
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MONOPOLY
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MORTGAGE
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MORTGAGE CREDITS
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MORTGAGE LOANS
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ORGANIZATIONAL STRUCTURE
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OUTPUT
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PERFORMANCE MEASURES
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POLICY MAKERS
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PORTFOLIO
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PREDATORY PRICING
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PRICE CHANGES
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PRICE CONTROL
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PRICE CONTROLS
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PRICE DISCRIMINATION
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PRICE FIXING
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PRICE INCREASES
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PRICE MAINTENANCE
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PRIVATE INVESTORS
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PRODUCERS
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PRODUCT MARKET
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PRODUCTIVITY
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PRODUCTIVITY INCREASES
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PROPERTY RIGHTS
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PUBLIC ACCOUNTABILITY
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PUBLIC FINANCE
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PUBLIC POLICIES
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dc.subject
REBATE
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dc.subject
REFORM PROGRAM
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REGULATOR
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REGULATORS
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REGULATORY AGENCIES
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REGULATORY AGENCY
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REGULATORY BODIES
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REGULATORY ENVIRONMENT
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REGULATORY FRAMEWORK
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REGULATORY SYSTEM
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RELEVANT MARKET
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REPUTATION
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RESOURCE MANAGEMENT
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RETAIL
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RETAIL MARKET
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SAVINGS
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SELLING PRICES
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SETTLEMENT PROCEDURES
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SOCIAL DEVELOPMENT
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SOURCES OF INFORMATION
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dc.subject
STANDARD OF LIVING
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SUPPLIERS
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SUSTAINABLE ECONOMIC GROWTH
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TARGET MARKETS
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TAX
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TECHNICAL ASSISTANCE
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TELECOMMUNICATIONS
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TRANSPARENCY
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TURNOVER
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UNFAIR COMPETITION
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dc.subject
VISION
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WHOLESALE TRADE
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dc.title
Romania - Functional Review : Romania Competition Council
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okr.identifier.externaldocumentum
000425962_20121210155655
en_US
okr.identifier.internaldocumentum
17056885
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okr.volume
1 of 1
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okr.date.disclosure
2012-12-10
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okr.topic
Education :: Knowledge for Development
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okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
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okr.topic
Economic Theory and Research
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okr.topic
Private Sector Development :: Emerging Markets
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okr.topic
Environmental Economics and Policies
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okr.topic
Environment
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okr.theme
Public sector governance :: Public expenditure, financial management and procurement
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okr.theme
Public sector governance :: Managing for development results
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okr.theme
Public sector governance :: Administrative and civil service reform
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okr.sector
Public Administration, Law, and Justice :: Central government administration
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okr.region.administrative
Europe and Central Asia
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okr.identifier.report
74289
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okr.unit
PSIR (ECSP4)
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okr.region.country
Romania
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okr.doctype
Economic & Sector Work :: Other Financial Sector Study
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okr.doctype
Economic & Sector Work
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dc.rights.holder
World Bank
en_US
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Education
okr.globalpractice
Environment and Natural Resources
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes

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