Buildings Market Institutions in South Eastern Europe : Comparative Prospects for Investment and Private Sector Development

Buildings Market Institutions in South Eastern Europe : Comparative Prospects for Investment and Private Sector Development

This report studies impediments to investment and private sector development in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the former Yugoslav Republic of Macedonia, Moldova, Romania, and Serbia and Montenegro. It aims to yield fundamental...

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Bibliographic Details
Main Authors: Broadman, Harry G., Anderson, James, Claessens, Constantijn A., Ryterman, Randi, Slavova, Stefka, Vagliasindi, Maria, Vincelette, Gallina A.
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank 2013
Subjects:
ACCOUNTING
ACCOUNTING STANDARDS
AGRICULTURE
ANNUAL SALES
ASSETS
AUDITS
BANKRUPTCY
BARRIERS TO ENTRY
BUSINESS ASSOCIATION
BUSINESS ASSOCIATIONS
BUSINESS ENVIRONMENT
BUSINESS SECTOR
CAPITALIZATION
COMMAND ECONOMIES
COMMERCIAL DISPUTE
COMMERCIAL DISPUTE RESOLUTION
COMPETITION POLICY
CONTRACT ENFORCEMENT
CONVENTIONAL WISDOM
COUNTRIES MUST
COURT
COURT OFFICIALS
DEBT
DISCLOSURE
ECONOMIC ACTIVITY
ECONOMIC BARRIERS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC REFORM
ECONOMIC STABILITY
ENTERPRISE OWNERSHIP
EXPORTS
FINANCIAL INFORMATION
FISH
FIXED ASSETS
FOREIGN AID
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTMENT
GDP
GOVERNMENT REFORM
GOVERNMENT SUBSIDIES
GROSS DOMESTIC PRODUCT
GROWTH RATE
HIGH UNEMPLOYMENT
HORIZONTAL INTEGRATION
INCOME
INSTITUTIONAL DEVELOPMENT
INSTITUTIONAL ENVIRONMENT
INSTITUTIONAL REFORM
INSTITUTIONAL REFORMS
INTERNATIONAL ACCOUNTING STANDARDS
INVESTMENT CLIMATE
JUDICIAL CORRUPTION
LAWS
LEGAL SYSTEMS
LEGISLATION
LIQUIDATION
MARKET ECONOMY
PARTIAL PRIVATIZATION
PERFORMANCE INDICATORS
POLICY IMPLICATIONS
POVERTY ALLEVIATION
PRIVATE SECTOR DEVELOPMENT
PROFIT MARGINS
PROFITABILITY
PROPERTY RIGHTS
PUBLIC SERVICES
REAL SECTOR
STATEMENTS
SUBSIDIARY
SUSTAINABLE GROWTH
SWAPS
TOTAL OUTPUT
TRADE LIBERALIZATION
TRANSITION ECONOMIES
TRANSPARENCY
UNEMPLOYMENT
Online Access:http://documents.worldbank.org/curated/en/2004/05/4384993/buildings-market-institutions-south-eastern-europe-comparative-prospects-investment-private-sector-development
http://hdl.handle.net/10986/14947
Description
Summary:This report studies impediments to investment and private sector development in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, the former Yugoslav Republic of Macedonia, Moldova, Romania, and Serbia and Montenegro. It aims to yield fundamentally new insights for improving the region's business environment, economic development, and prospects for growth. It focuses on four core topics: 1) Business competition and economic barriers to entry and exit; 2) Access to regulated utilities and services; 3) Corporate ownership, transparency of business accounts, and access to finance; and 4) Mechanisms for commercial dispute resolution. Each topic is empirically investigated across all eight South Eastern European countries through the systematic use of data from multiple sources: Official data from each country in the region; results from two annual rounds of quantitative, firm-level surveys covering 1,600 firms; and results from 40 originally developed enterprise-level business case studies. The result is an innovative analysis of cross-country comparisons and the development of key policy challenges from a regional perspective. The report ends by making concrete recommendations for reforms that would ease the constraints on domestic and foreign investment, an essential step in sustaining growth and reducing poverty in the region.

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