Product Market Regulation in Bulgaria : A Comparison with OECD Countries

• Tác giả: Donato De Rosa
• Ngôn ngữ: eng
• Ký hiệu phân loại: 709.49 Historical, geographic, persons treatment of fine and decorative arts
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 327259
• Chủ đề: 1. ADMINISTRATIVE BURDEN; 2. ADMINISTRATIVE BURDENS; 3. ADMINISTRATIVE POLICIES; 4. ADMINISTRATIVE PROCESS; 5. ADMINISTRATIVE REGULATION

Tóm tắt

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.