Author: marianne fay, donato de rosa, catalin pauna
Publisher: World Bank Publications
ISBN:
Category : Commerce
Languages : en
Pages : 61
Book Description
Less 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 the 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 I: a comparative analysis of Romania's PRM and Inward-oriented Policies.
product market regulation in romania, a comparison with oecd countries
Author: marianne fay, donato de rosa, catalin pauna
Publisher: World Bank Publications
ISBN:
Category : Commerce
Languages : en
Pages : 61
Book Description
Less 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 the 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 I: a comparative analysis of Romania's PRM and Inward-oriented Policies.
Publisher: World Bank Publications
ISBN:
Category : Commerce
Languages : en
Pages : 61
Book Description
Less 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 the 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 I: a comparative analysis of Romania's PRM and Inward-oriented Policies.
product market regulation in bulgaria
Author: Marianne Fay
Publisher: World Bank Publications
ISBN:
Category : Air
Languages : en
Pages : 58
Book Description
Abstract: Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Bulgaria 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 Bulgaria has made substantial progress towards less restrictive product market policies but also emphasizes a number of areas where further reform is needed. These include adoption of a regulatory process based on incentive-based rather than command-and-control approach, reduction of state interference in the decision of state-owned enterprises, further streamlining of business licensing procedures, and improvement in the communication of rules and procedures to affected parties.
Publisher: World Bank Publications
ISBN:
Category : Air
Languages : en
Pages : 58
Book Description
Abstract: Less restrictive product market policies are crucial in promoting convergence to higher levels of GDP per capita. This paper benchmarks product market policies in Bulgaria 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 Bulgaria has made substantial progress towards less restrictive product market policies but also emphasizes a number of areas where further reform is needed. These include adoption of a regulatory process based on incentive-based rather than command-and-control approach, reduction of state interference in the decision of state-owned enterprises, further streamlining of business licensing procedures, and improvement in the communication of rules and procedures to affected parties.
Perspectives on the Performance of the Continental Economies
Author: Edmund S. Phelps
Publisher: MIT Press
ISBN: 0262015315
Category : Business & Economics
Languages : en
Pages : 511
Book Description
These chapters, written from widely varying perspectives demonstrates the shortcomings and strengths of some methods of econmoics as much as they do the shortcomings and strengths of some economies of Western continental Europe.
Publisher: MIT Press
ISBN: 0262015315
Category : Business & Economics
Languages : en
Pages : 511
Book Description
These chapters, written from widely varying perspectives demonstrates the shortcomings and strengths of some methods of econmoics as much as they do the shortcomings and strengths of some economies of Western continental Europe.
The Views of the Independent Agencies on Regulatory Reform
Author: United States. Congress. House. Committee on Energy and Commerce. Subcommittee on Oversight and Investigations
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 320
Book Description
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 320
Book Description
IMF Staff Papers, Volume 54, No. 3
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1589066510
Category : Business & Economics
Languages : en
Pages : 212
Book Description
This issue features a timely paper by Vladimir Klyuev and Paul Mills on the role of personal wealth and home equity withdrawal in the decline in the U.S. saving rate. Lusine Lusinyan and Leo Bonato explain how work absence in 18 European countries affects labor supply and demand. And a paper by Paolo Manasse (University of Bologna) entitled "Deficit Limits and Fiscal Rules for Dummies" examines fiscal frameworks.
Publisher: International Monetary Fund
ISBN: 1589066510
Category : Business & Economics
Languages : en
Pages : 212
Book Description
This issue features a timely paper by Vladimir Klyuev and Paul Mills on the role of personal wealth and home equity withdrawal in the decline in the U.S. saving rate. Lusine Lusinyan and Leo Bonato explain how work absence in 18 European countries affects labor supply and demand. And a paper by Paolo Manasse (University of Bologna) entitled "Deficit Limits and Fiscal Rules for Dummies" examines fiscal frameworks.
Statistics, Knowledge and Policy Key Indicators to Inform Decision Making
Author: OECD
Publisher: OECD Publishing
ISBN: 9264009019
Category :
Languages : en
Pages : 647
Book Description
This conference proceedings compares various approaches to the development of key indicator systems which would provide reliable information spanning the social, economic and environmental domains.
Publisher: OECD Publishing
ISBN: 9264009019
Category :
Languages : en
Pages : 647
Book Description
This conference proceedings compares various approaches to the development of key indicator systems which would provide reliable information spanning the social, economic and environmental domains.
OECD Competition Assessment Reviews: Portugal Volume I - Inland and Maritime Transports and Ports
Author: OECD
Publisher: OECD Publishing
ISBN: 9264300023
Category :
Languages : en
Pages : 472
Book Description
. Against this backdrop, this report analyses Portuguese regulations for road, railway and maritime transport, and many ancillary services (such as vehicle inspection centres), as well as Portugal’s ports.
Publisher: OECD Publishing
ISBN: 9264300023
Category :
Languages : en
Pages : 472
Book Description
. Against this backdrop, this report analyses Portuguese regulations for road, railway and maritime transport, and many ancillary services (such as vehicle inspection centres), as well as Portugal’s ports.
OECD Reviews of Regulatory Reform: Regulatory Reform in Greece 2001
Author: OECD
Publisher: OECD Publishing
ISBN: 9264193456
Category :
Languages : en
Pages : 344
Book Description
This review of regulatory reform in Greece presents an integrated assessment of areas such as the quality of the public sector, competition policy and enforcement, and market openness. It also contains chapters on sectors such as telecommunications, electricity, domestic ferries and trucking.
Publisher: OECD Publishing
ISBN: 9264193456
Category :
Languages : en
Pages : 344
Book Description
This review of regulatory reform in Greece presents an integrated assessment of areas such as the quality of the public sector, competition policy and enforcement, and market openness. It also contains chapters on sectors such as telecommunications, electricity, domestic ferries and trucking.
Alternative Lending
Author: Promitheas Peridis
Publisher: Springer Nature
ISBN: 3031134710
Category : Business & Economics
Languages : en
Pages : 455
Book Description
The book covers alternative lending using the emergence of Debt Funds in the EU as a case study. The book explores the risks that they can pose to financial stability, and the regulatory and supervisory tools available to mitigate these risks. Through this analysis, the book uncovers the risks and potential risk mitigation tools that can be applied to the alternative lenders–including debt funds and other potential alternative lenders. After identifying the reasons behind the growth of alternative lenders (using as example the assets of Alternative Investment Funds (AIFs) and in particular debt funds) and the simultaneous decrease of the banks’ assets, the book analyses the systemic importance of the alternative lenders and the risk channels through which the systemic risk can spread to the banking sector and the financial system. Then, the book deals with the financial innovation-market failure theory and demonstrates that financial innovations (e.g. debt funds, securitisations) can cause market failures, resulting in regulatory interventions. Of interest to banking and financial regulation academics, researchers, and practitioners this book analyses the regulatory provisions in place for both credit institutions and debt funds, including the Basel Accords, the Capital Requirements Directives and Regulations, and the Alternative Investment Fund Managers Directive (AIFMD) and its implementation in various EU jurisdictions, before offering a proposal for a new three-defensive framework applicable to debt funds and to other potential alternative lenders.
Publisher: Springer Nature
ISBN: 3031134710
Category : Business & Economics
Languages : en
Pages : 455
Book Description
The book covers alternative lending using the emergence of Debt Funds in the EU as a case study. The book explores the risks that they can pose to financial stability, and the regulatory and supervisory tools available to mitigate these risks. Through this analysis, the book uncovers the risks and potential risk mitigation tools that can be applied to the alternative lenders–including debt funds and other potential alternative lenders. After identifying the reasons behind the growth of alternative lenders (using as example the assets of Alternative Investment Funds (AIFs) and in particular debt funds) and the simultaneous decrease of the banks’ assets, the book analyses the systemic importance of the alternative lenders and the risk channels through which the systemic risk can spread to the banking sector and the financial system. Then, the book deals with the financial innovation-market failure theory and demonstrates that financial innovations (e.g. debt funds, securitisations) can cause market failures, resulting in regulatory interventions. Of interest to banking and financial regulation academics, researchers, and practitioners this book analyses the regulatory provisions in place for both credit institutions and debt funds, including the Basel Accords, the Capital Requirements Directives and Regulations, and the Alternative Investment Fund Managers Directive (AIFMD) and its implementation in various EU jurisdictions, before offering a proposal for a new three-defensive framework applicable to debt funds and to other potential alternative lenders.
OECD Reviews of Regulatory Reform: Regulatory Reform in Italy 2001
Author: OECD
Publisher: OECD Publishing
ISBN: 9264192670
Category :
Languages : en
Pages : 404
Book Description
OECD's 2001 review of regulatory reform in Italy.
Publisher: OECD Publishing
ISBN: 9264192670
Category :
Languages : en
Pages : 404
Book Description
OECD's 2001 review of regulatory reform in Italy.