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Competitiveness in South East Europe

A Policy Outlook

image of Competitiveness in South East Europe

Future economic development and the wellbeing of citizens in South East Europe (SEE) depend more than ever on greater economic competitiveness. To underpin the drive to improve competitiveness and foster private investment, an integrated policy approach is needed. This first edition of Competitiveness in South East Europe: A Policy Outlook seeks to help policy makers in Albania, Bosnia and Herzegovina, the Former Yugoslav Republic of Macedonia, Kosovo, and Serbia assess their progress towards their growth goals and benchmark them against the good practices adopted by OECD countries and the performance of their regional peers.

This report addresses 15 policy dimensions critical to competitive economies that draw on the South East Europe 2020 Strategy (SEE 2020), a regional growth strategy drawn up by the Regional Cooperation Council and adopted by SEE governments in 2013. The qualitative assessments presented herein use scoring frameworks to enable regional comparisons. A participatory assessment process – that brings together regional policy networks and organisations, policy makers, independent experts and the private sector – ensures a balanced view of performance.

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Competition policy in South East Europe

Competition policy supports competitive economic environments that allow new firms to challenge incumbents, efficient ones to grow and inefficient ones to exit, and give all incentive to improve the quality of their products. In the Competition Policy Dimension, four policy areas broadly measure the scope and strength of competition policy regimes. The Scope of Action Policy Area assesses to what degree the competition authority is invested by law with the power to investigate and sanction anti-competitive practices. The Anti-Competitive Behaviour Policy Area describes the development of policy to prevent and prosecute exclusionary vertical and horizontal agreements and anti-competitive mergers. The Probity of Investigation Policy Area examines the independence and accountability of institutions which enforce competition law and how fair their procedures are. The Advocacy Policy Area looks at further action to promote a competitive environment.

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