TY  - BOOK
AU  - De Rosa,Donato
AU  - Aprahamian,Arabela
AU  - De Rosa,Donato
AU  - Iootty,Mariana
AU  - Pirlea,Florina
AU  - Stanescu,Alexandru
TI  - Product Market Policies in Romania: A Comparison with EU Partners 
PY  - 2013///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Competition
KW  - European Union
KW  - Finance and Financial Sector Development
KW  - Private Sector Development
KW  - Product Markets
KW  - Regulation
N2  - 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
UR  - http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6698
ER  -