Product Market Policies in Romania : A Comparison with EU Partners

Romania's European Union accession in 2007 has resulted in a substantial reduction of the formal barriers to integration with the European Union Single Market. This study takes stock of the progress by benchmarking product market policies in R...

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Main Authors:	De Rosa, Donato, Iootty, Mariana, Pirlea, Florina, Aprahamian, Arabela, Stanescu, Alexandru
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	regulation competition product markets European Union
Online Access:	http://documents.worldbank.org/curated/en/2013/11/18502306/product-market-policies-romania-comparison-eu-partners http://hdl.handle.net/10986/16916

id	okr-10986-16916
recordtype	oai_dc
spelling	okr-10986-169162021-04-23T14:03:33Z Product Market Policies in Romania : A Comparison with EU Partners De Rosa, Donato Iootty, Mariana Pirlea, Florina Aprahamian, Arabela Stanescu, Alexandru regulation competition product markets European Union Romania's European Union accession in 2007 has resulted in a substantial reduction of the formal barriers to integration with the European Union Single Market. This study takes stock of the progress by benchmarking product market policies in Romania to those of European Union countries, as measured by the OECD indicators of Product Market Regulation. These indicators allow for a comprehensive mapping of policies affecting competition in product markets. Comparison with European Union countries reveals that, for half of the policy areas covered by the study, Romania's product market policies are more restrictive of competition than most direct comparators in the region, whereas for other indicators Romania is on a par with the European Union average or has achieved best practice. Nonetheless, these results should be interpreted in light of the fact that the Product Market Regulation approach measures officially adopted policies and does not capture implementation. Future reforms should be directed both at improving official regulation and, where policies that favor competition are already in place, toward effective enforcement. 2014-02-05T14:23:56Z 2014-02-05T14:23:56Z 2013-11 http://documents.worldbank.org/curated/en/2013/11/18502306/product-market-policies-romania-comparison-eu-partners http://hdl.handle.net/10986/16916 English en_US Policy Research Working Paper;No. 6698 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Europe and Central Asia Romania
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	regulation competition product markets European Union
spellingShingle	regulation competition product markets European Union De Rosa, Donato Iootty, Mariana Pirlea, Florina Aprahamian, Arabela Stanescu, Alexandru Product Market Policies in Romania : A Comparison with EU Partners
geographic_facet	Europe and Central Asia Romania
relation	Policy Research Working Paper;No. 6698
description	Romania's European Union accession in 2007 has resulted in a substantial reduction of the formal barriers to integration with the European Union Single Market. This study takes stock of the progress by benchmarking product market policies in Romania to those of European Union countries, as measured by the OECD indicators of Product Market Regulation. These indicators allow for a comprehensive mapping of policies affecting competition in product markets. Comparison with European Union countries reveals that, for half of the policy areas covered by the study, Romania's product market policies are more restrictive of competition than most direct comparators in the region, whereas for other indicators Romania is on a par with the European Union average or has achieved best practice. Nonetheless, these results should be interpreted in light of the fact that the Product Market Regulation approach measures officially adopted policies and does not capture implementation. Future reforms should be directed both at improving official regulation and, where policies that favor competition are already in place, toward effective enforcement.
format	Publications & Research :: Policy Research Working Paper
author	De Rosa, Donato Iootty, Mariana Pirlea, Florina Aprahamian, Arabela Stanescu, Alexandru
author_facet	De Rosa, Donato Iootty, Mariana Pirlea, Florina Aprahamian, Arabela Stanescu, Alexandru
author_sort	De Rosa, Donato
title	Product Market Policies in Romania : A Comparison with EU Partners
title_short	Product Market Policies in Romania : A Comparison with EU Partners
title_full	Product Market Policies in Romania : A Comparison with EU Partners
title_fullStr	Product Market Policies in Romania : A Comparison with EU Partners
title_full_unstemmed	Product Market Policies in Romania : A Comparison with EU Partners
title_sort	product market policies in romania : a comparison with eu partners
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2013/11/18502306/product-market-policies-romania-comparison-eu-partners http://hdl.handle.net/10986/16916
_version_	1764434883152707584

Product Market Policies in Romania : A Comparison with EU Partners

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