Building Market Institutions in South Eastern Europe : Comparative Prospects for Investment and Private Sector Development

Intro -- Contents -- Foreword -- Acknowledgments -- Building Market Institutions in South Eastern Europe- An Overview -- Abbreviations -- 1. Institutional Aspects of the South Eastern European Economy: Introduction, Trends, and Scope of the Study -- Background -- Trends in the SEE8 Economies -- Scope and Methodology of the Study -- Structure of the Study -- 2. Institutional Reform Progress to Date and Remaining Challenges in South Eastern Europe -- Aggregate Assessment of the Business Environment in SEE -- Institutional Impediments to Investment and Growth -- Conclusion: The Unresolved Institutional Problems in South Eastern Europe -- 3. Competition in South Eastern Europe -- Development of the Private Sector and Prospects for Competition in SEE -- Structural Conditions for Competition in SEE: Horizontal and Vertical Elements -- Assessment of Entry and Exit Barriers -- Business Performance and Competition -- Policies to Enhance Competition in South Eastern Europe -- Statistical Annex -- 4. Access to Regulated Infrastructure Utilities -- Tariffs, Access, and Quality of Service across Countries -- Infrastructure's Access and Quality across Different Enterprises' Characteristics -- Private Sector Involvement and Independence of Rulemaking -- Role of Infrastructure Development in Fostering Investment in the Real Sector and in Regional Integration -- Policy Recommendations -- 5. Corporate Ownership, Financial Transparency, and Access to Finance -- Introduction -- Forms of Ownership -- Transparency and Accountability in Firm Finances -- Access to Finance -- Financial Transparency, Investment, and Growth -- Policy Recommendations -- Annex: Additional Analyses -- 6. Resolving Business Disputes in South Eastern Europe: The Role of the Courts -- Avoidance of Business Disputes -- Contract Enforcement in Court -- Firms' Use of the Courts.