Romania identified competition as key to its effective economic development and is positioning the Competition Council to become more visible and effective. Improving Romania's competitive environment will attract new firms, weed out inefficient ones, and enhance growth potential. An effective...

Romania identified competition as key to its effective economic development and is positioning the Competition Council to become more visible and effective. Improving Romania’s competitive environment will attract new firms, weed out inefficient ones, and enhance growth potential. An effective...

This report presents an analysis of competition conditions and market concentration in Haiti. Based on available import data and available information on economic group connections, it also presents a limited analysis of the economic groups and companies that operate in Haiti, with a focus on...

It is conventional wisdom that industrial policies can be at odds with competitive markets. This note examines the historical basis for industrial policy and empirical effects. Although the direct effects of industrial policy are mixed, the indirect effects often involve market distortions. By...

State aid impact evaluation is new in Romania. Given its novelty, the ex post evaluation seeks to provide evidence on how effective state aid has been, on whether state aid distorted competition, and on the implications for state aid design and implementation. These aspects are fundamental to...

This report presents an analysis of competition conditions and market concentration in Haiti. Based on available import data and available information on economic group connections, it also presents a limited analysis of the economic groups and companies that operate in Haiti, with a focus on...

It is conventional wisdom that industrial policies can be at odds with competitive markets. This note examines the historical basis for industrial policy and empirical effects. Although the direct effects of industrial policy are mixed, the indirect effects often involve market distortions. By...

This paper explores firm-level heterogeneity to identify the underlying drivers of market power trends in Romania and the implications for competition and economic growth. The results show that the (sales-weighted) average markup in Romania increased by around 15 percent between 2008 and 2017. A...

This paper assesses the performance of Romanian state-owned enterprises with various degrees of ownership (minority owned with 10 to 24.9 percent stakes, minority owned with 25 to 49.9 percent stakes, and majority owned with at least 50 percent ownership stakes) and control levels (central...