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Making sense of competitiveness indicators in south-eastern Europe

  • Peter Sanfey

    ()

    (EBRD)

  • Simone Zeh

    ()

    (EBRD)

This paper sifts through a variety of competitiveness and business environment indicators to assess the state of reforms in south-eastern Europe (SEE). While common themes emerge, such as corruption, weak tax administration and the lack of availability of skills, there is a clear gap between those countries in the region that have joined, or are about to join, the European Union, and the remaining countries. The World Economic Forum’s Global Competitiveness Index signals some similarities across the region, but other sources of information, such as the World Bank’s Doing Business reports and the EBRD/World Bank Business Environment and Enterprise Performance Survey, show up marked cross-country differences. We conclude with a number of targeted recommendations for policy reforms in areas such as cross-border trade and investment, tax administration and the development of new skills and innovation.

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Paper provided by European Bank for Reconstruction and Development, Office of the Chief Economist in its series Working Papers with number 145.

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Length: 29 pages
Date of creation: Jun 2012
Date of revision:
Publication status: Published in Working papers 145, European Bank for Reconstruction and Development
Handle: RePEc:ebd:wpaper:145
Contact details of provider: Postal: One Exchange Square, London EC2A 2JN
Web page: http://www.ebrd.com/pages/research/publications/workingpapers.shtml

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  1. Elisabetta Falcetti & Tatiana Lysenko & Peter Sanfey, 2005. "Reforms and growth in transition: re-examining the evidence," Working Papers 90, European Bank for Reconstruction and Development, Office of the Chief Economist.
  2. Berglöf, Erik & Bruynooghe, Lise & Harmgart, Heike & Sanfey, Peter & Schweiger, Helena & Zettelmeyer, Jeromin, 2010. "European Transition at Twenty," Working Paper Series wp2010-91, World Institute for Development Economic Research (UNU-WIDER).
  3. Eicher, Theo S. & Schreiber, Till, 2010. "Structural policies and growth: Time series evidence from a natural experiment," Journal of Development Economics, Elsevier, vol. 91(1), pages 169-179, January.
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