TY - BOOK AU - Broadman,G.Harry AU - Broadman,G.Harry TI - Reducing Structural Dominance and Entry Barriers in Russian Industry PY - 1999/// CY - Washington, D.C. PB - The World Bank KW - Banks and Banking Reform KW - Barriers KW - Barriers To Entry KW - Business Environment KW - Business Investment KW - Competition KW - Competition Policy KW - Competitive Market KW - Debt Markets KW - Developing Countries KW - E-Business KW - Economic Theory and Research KW - Emerging Markets KW - Finance and Financial Sector Development KW - International Accounting Standards KW - Liberalization KW - Macroeconomics and Economic Growth KW - Market Share KW - Market Shares KW - Markets and Market Access KW - Microfinance KW - Monopoly KW - Output KW - Price KW - Prices KW - Private Sector Development KW - Privatization KW - Public Sector Corruption and Anticorruption Measures KW - Regional Trade KW - Small Scale Enterprises KW - Transparency KW - Transport KW - Transport Economics, Policy and Planning KW - Vertical Integration N2 - 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 UR - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-2330 ER -