Gressani, DanielaMitra, Saumya2013-08-202013-08-2020020-8213-5197-40253-7494https://hdl.handle.net/10986/15228This paper attempts to describe and assess the achievements of the countries of South Eastern Europe - Albania, Bosnia and Herzegovina, Bulgaria, Croatia, FYR Macedonia, Romania, and Federal Republic of Yugoslavia - in pursuing structural economic reforms in the period since the end of the Kosovo conflict. The paper concentrates on four key areas of structural reforms: a) public management and anti-corruption; b) creating a liberal environment for trade in goods and services; c) attracting foreign investments; and d) encouraging the growth of a private market based economy. Since the Kosovo conflict, the countries of Southeastern Europe have made encouraging progress in advancing structural reforms and preparing their economies for greater integration with Europe and the rest of the world with the aim of raising the rate of sustainable economic growth. But progress has been uneven across sectors and across countries. The gap in economic performance with respect to central Europe remains large and can be bridged only with determined reforms in creating the conditions for the formation and growth of private enterprises. Attention must also shift towards strengthening governance and fighting corruption.en-USCC BY 3.0 IGOACCOUNTABILITYACCOUNTINGANTI- CORRUPTIONANTI-CORRUPTIONANTI-CORRUPTION STRATEGYAUDITINGAUDITSAUTONOMYBANKBANKING LAWSBANKING REFORMBANKING SECTORBANKING SECTOR REFORMSBANKING SERVICESBANKING SYSTEMBANKRUPTCYBUDGET PROCESSBUSINESS ENVIRONMENTCAPITAL BUDGETSCAPITAL MARKETSCAPITALIZATIONCAPITALSCIVIL SERVICECIVIL SERVICE REFORMSCIVIL SOCIETYCIVIL WARCOMMAND ECONOMYCOMPETITION LEGISLATIONCOMPETITION POLICYCONSTITUENCIESCORPORATE BEHAVIORCORPORATE GOVERNANCECORPORATE SECTORCORRUPTION PROBLEMSDEGREE OF CORRUPTIONDEPOSIT INSURANCEDEPOSIT INSURANCE SCHEMESDISCRETIONARY POWERSECOLOGYECONOMIC EFFICIENCYECONOMIC GROWTHECONOMIC PERFORMANCEECONOMIC REFORMECONOMIC REFORMSECONOMISTSEFFICIENT REGULATIONENFORCEMENT ACTIONENFORCEMENT OF COMPETITIONENTERPRISE RESTRUCTURINGENVIRONMENTAL PERFORMANCEEXCHANGE RATEEXCHANGE RATESEXCISE TAXESEXECUTIONEXPENDITUREFIGHTING CORRUPTIONFINANCIAL ASSISTANCEFINANCIAL CRISESFINANCIAL DEEPENINGFINANCIAL DISCIPLINEFINANCIAL INSTITUTIONSFINANCIAL INTEGRATIONFISCALFISCAL REVENUEFOREIGN BANKSFOREIGN DIRECT INVESTMENTFOREIGN EXCHANGEFOREIGN EXCHANGE REGIMEFOREIGN INVESTMENTFOREIGN TRADEFOREST MANAGEMENTGOVERNMENT REVENUESHUMAN CAPITALHUMAN CAPITAL STOCKIMPORTSINCOMEINSOLVENCYINSOLVENCY SYSTEMSINSOLVENTINSOLVENT BANKSINSTITUTIONAL DEVELOPMENTINSTITUTIONAL REFORMSINSURANCEINTEREST RATESINTERNATIONAL TRADEINVESTMENT CLIMATEINVESTMENT GRANTSINVESTMENT SPENDINGLACK OF CLARITYLAWSLEGISLATIONLEGISLATIVE CHANGESLEGISLATURELICENSESLOCAL AUTHORITYLOCAL GOVERNMENTLOCAL GOVERNMENT REVENUESLOCAL GOVERNMENTSMACROECONOMIC STABILITYMANAGEMENT INFORMATION SYSTEMSMARKET POWERMARKET PRICESMINISTRIES OF FINANCEORGANIZED CRIMEPOLICY DECISIONSPOLITICAL RISKPRIVATE BANKINGPRIVATE BANKSPRIVATE OWNERSHIPPRIVATE SECTORPRIVATE SECTOR INVESTMENTPRIVATIZATIONPUBLIC EXPENDITUREPUBLIC EXPENDITURE MANAGEMENTPUBLIC EXPENDITURESPUBLIC FINANCEPUBLIC FINANCE MANAGEMENTPUBLIC FINANCESPUBLIC GOODSPUBLIC GOVERNANCEPUBLIC INSTITUTIONSPUBLIC MANAGEMENTPUBLIC PROCUREMENTPUBLIC SECTORPUBLIC SERVICESPUBLIC SPENDINGREGULATORY FRAMEWORKREPUBLICSSALES TAXESSECURITIESSOCIAL ASSESSMENTSOCIAL SECURITYSOCIAL SECURITY TAXESSOFT BUDGET CONSTRAINTSSTATE OWNERSHIPSTATE PROCUREMENTSUBNATIONAL BUDGETINGSUBSIDIARYSURTAXESTAXTAX ADMINISTRATIONTAX BASETAX BURDENTAX EVASIONTAX RATESTAX REFORMSTAX SYSTEMTAXATIONTECHNICAL ASSISTANCETRADE FLOWSTRANSITION ECONOMIESTRANSPARENCYTREASURYUTILITIESWATER PRICING STRUCTURAL REFORMSPUBLIC FINANCECORRUPTIONBUSINESS ENVIRONMENTEUROPEAN UNIONREGIONAL INTEGRATIONFOREIGN DIRECT INVESTMENTSFOREIGN INVESTMENTSBANKING REFORMSPRIVATE INFRASTRUCTURESMALL & MEDIUM SCALE ENTERPRISESMARKET ECONOMYTRADE INTEGRATIONPRIVATE SECTOR INVESTMENTSINSTITUTION BUILDINGWorld Bank10.1596/978-0-8213-5197-0