Broadman, G. Harry
Reducing Structural Dominance and Entry Barriers in Russian Industry Broadman, G. Harry [electronic resource] / Broadman, G. Harry - Washington, D.C., The World Bank, 1999 - 1 online resource (24 p.) - Policy research working papers. World Bank e-Library. .
May 2000 - The absence of new business in Russia is striking. Reforms to make Russia more competitive should start with eliminating regulatory and institutional barriers to the entry of new competitors. Many industrial firms in Russia have undergone changes in ownership, but relatively few have been competitively restructured. Using survey and other data, Broadman suggests that much of Russian industry is immune from robust competition because of heavy vertical integration, geographic segmentation, and the concentration of buyers and sellers in selected markets. Moreover, regulatory constraints protect incumbent firms from competition with new entrants, both domestic and foreign. Broadman sketches a reform agenda for Russia's post-privatization program, which emphasizes the restructuring of anticompetitive structures and the reduction of barriers to entry. Broadman's proposed reform agenda calls broadly for strengthening Russia's nascent rules-based framework for competition policy to reduce discretion, increase transparency, and improve accountability. This paper - a product of the Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Regional Office - is part of a larger effort in the region to assess structural reform in Russia. The author may be contacted at hbroadman@worldbank.org.
10.1596/1813-9450-2330
Banks and Banking Reform
Barriers
Barriers To Entry
Business Environment
Business Investment
Competition
Competition Policy
Competitive Market
Debt Markets
Developing Countries
E-Business
Economic Theory and Research
Emerging Markets
Finance and Financial Sector Development
International Accounting Standards
Liberalization
Macroeconomics and Economic Growth
Market Share
Market Shares
Markets and Market Access
Microfinance
Monopoly
Output
Price
Prices
Private Sector Development
Privatization
Public Sector Corruption and Anticorruption Measures
Regional Trade
Small Scale Enterprises
Transparency
Transport
Transport Economics, Policy and Planning
Vertical Integration
Reducing Structural Dominance and Entry Barriers in Russian Industry Broadman, G. Harry [electronic resource] / Broadman, G. Harry - Washington, D.C., The World Bank, 1999 - 1 online resource (24 p.) - Policy research working papers. World Bank e-Library. .
May 2000 - The absence of new business in Russia is striking. Reforms to make Russia more competitive should start with eliminating regulatory and institutional barriers to the entry of new competitors. Many industrial firms in Russia have undergone changes in ownership, but relatively few have been competitively restructured. Using survey and other data, Broadman suggests that much of Russian industry is immune from robust competition because of heavy vertical integration, geographic segmentation, and the concentration of buyers and sellers in selected markets. Moreover, regulatory constraints protect incumbent firms from competition with new entrants, both domestic and foreign. Broadman sketches a reform agenda for Russia's post-privatization program, which emphasizes the restructuring of anticompetitive structures and the reduction of barriers to entry. Broadman's proposed reform agenda calls broadly for strengthening Russia's nascent rules-based framework for competition policy to reduce discretion, increase transparency, and improve accountability. This paper - a product of the Poverty Reduction and Economic Management Sector Unit, Europe and Central Asia Regional Office - is part of a larger effort in the region to assess structural reform in Russia. The author may be contacted at hbroadman@worldbank.org.
10.1596/1813-9450-2330
Banks and Banking Reform
Barriers
Barriers To Entry
Business Environment
Business Investment
Competition
Competition Policy
Competitive Market
Debt Markets
Developing Countries
E-Business
Economic Theory and Research
Emerging Markets
Finance and Financial Sector Development
International Accounting Standards
Liberalization
Macroeconomics and Economic Growth
Market Share
Market Shares
Markets and Market Access
Microfinance
Monopoly
Output
Price
Prices
Private Sector Development
Privatization
Public Sector Corruption and Anticorruption Measures
Regional Trade
Small Scale Enterprises
Transparency
Transport
Transport Economics, Policy and Planning
Vertical Integration