Removing Regulatory Barriers to Competition
Competition can drive productivity growth in Kosovo, especially in the context of the post-Coronavirus disease 2019 (COVID-19) recovery. As the economy rebuilds, it is key that markets function smoothly, and that anticompetitive firm behavior or go...
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| Format: | Working Paper |
| Language: | English |
| Published: |
Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/099350306012213116/P1719510c7f48b0750bf80063303770e07d http://hdl.handle.net/10986/37499 |
| Summary: | Competition can drive productivity
growth in Kosovo, especially in the context of the
post-Coronavirus disease 2019 (COVID-19) recovery. As the
economy rebuilds, it is key that markets function smoothly,
and that anticompetitive firm behavior or government
intervention do not constrain the path to recovery.
Competitive product markets can help a country recover from
economic shocks more quickly. Competition in product markets
can also prop-up economic recovery in a more inclusive way
for the poorest households. Kosovo has made significant
progress towards pro-competition regulation of product
markets but there is still significant room for improvement.
Although the product market regulation (PMR) indicators are
limited in scope and should therefore be considered as an
entry point for further analysis, this assessment allows to
identify potential constraints to competition and possible
policy reforms. Kosovo can increase competition by: (a)
eliminating public owned enterprise (POE) - related barriers
to competition to ensure a level playing field for private
and public operators in markets where they compete, (b)
improving the regulatory process and facilitating business
registration to boost market entry, and (c) introducing
policy reforms in network sectors and professional services
to eliminate regulatory barriers to competition and avoid
anticompetitive practices. |
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