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Investment Reform Index 2010

Monitoring Policies and Institutions for Direct Investment in South-East Europe

image of Investment Reform Index 2010

Using an innovative methodology, the Investment Reform Index 2010 (IRI 2010) monitors investment-related policy reforms in the economies of South-East Europe and compares these to best practices in the OECD area. Based on inputs from governments, the private sector, independent experts and multilateral organisations active in the region, the IRI 2010 assesses policies and institutional settings in eight fields of policy critical to domestic and foreign investors. These are: investment policy and promotion; human capital development; trade policy and facilitation; access to finance; regulatory reform and parliamentary processes; infrastructure for investment; tax policy analysis; and SME policy. For the economies examined, the IRI 2010 provides an independent and rigorous assessment of investment-related policy settings and reform against international good practice, guidance for policy reform and development and an evidence base with which to facilitate prioritisation of donor activities supporting investment and growth.

English

Montenegro

Montenegro was the fastest growing economy in South-East Europe (SEE) between 2005 and 2008. Real GDP grew on average by 8.9% annually during this period. In 2008, GDP per capita based on purchasing power parity was USD 11 111, close to the average for SEE economies of USD 11 460. The average annual inflation rate between 2005 and 2008 was 4.8%, lower than the average of 6.1% for SEE economies during the same period1 (IMF, 2009).

English

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