Serbia's New Growth Agenda : Removing Regulatory Barriers to Competition
This note outlines barriers to competition in product markets based primarily on the screening of Serbian regulations using the OECD Product Market Regulation methodology and comparison to regulations in the OECD. The note focuses on topics covered...
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Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2020
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Online Access: | http://documents.worldbank.org/curated/en/553091585543567018/Serbia-New-Growth-Agenda-Removing-Regulatory-Barriers-to-Competition http://hdl.handle.net/10986/33567 |
Summary: | This note outlines barriers to
competition in product markets based primarily on the
screening of Serbian regulations using the OECD Product
Market Regulation methodology and comparison to regulations
in the OECD. The note focuses on topics covered by the 2018
OECD-WBG product market regulation (PMR) indicators such as
regulation of network industries, professional services,
state-owned enterprises, and restrictions on foreign
businesses. The OECD-WBG product market regulation
indicators are a screening tool that measure the degree to
which regulations promote or inhibit competition. The
indicators rely on qualitative information on over 1,000
features of economy-wide and sectoral regulations. The
qualitative information is collected and coded based on a
standardized questionnaire and later aggregated into
quantitative scores that run from 0 (least restrictive) to 6
(most restrictive) using standardized weights. The analysis
in this note relies on primary data for Serbia collected by
the World Bank Group and comparative data for other
countries collected by the OECD. To ensure comparability
across countries the data is current as of January 1, 2018.
The data has been collected throughout 2018 and the
indicators included in this report are as of July 2019. The
PMR indicators for Serbia have been calculated as part of
the partnership between OECD and WBG Markets and Competition
Policy Team and the primary data has been collected in
collaboration with more than 30 public and private
institutions in Serbia. |
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