Product market regulation in Indonesia: An international comparison
Appropriately designed Product Market Regulation (PMR) is essential to enhance productivity, boost economic growth and increase welfare. Regulation is needed to address market failures and guarantee the health and safety of consumers. However, by limiting the entry and expansion of firms, a too stri...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2022
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1741 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Appropriately designed Product Market Regulation (PMR) is essential to enhance productivity, boost economic growth and increase welfare. Regulation is needed to address market failures and guarantee the health and safety of consumers. However, by limiting the entry and expansion of firms, a too stringent regulatory environment can hinder an efficient allocation of resources both within and across industries. This paper provides a detailed review of PMR in Indonesia and analyses the country's performance in this area relative to OECD countries, other G-20 members and regional peers. To do so, it relies on the OECD's PMR Indicators, which have been recently compiled for Indonesia. These indicators assess the extent to which the regulatory framework of a country is competition-friendly across a range of sectors and regulatory areas. The analysis reveals that PMR in Indonesia is less conducive to competition than in most OECD countries. The scope for improvement is particularly great in areas such as barriers in network sectors, command-and-control regulation, public procurement, the governance of State-owned Enterprises (SOEs) and the extent to which the impact on competition is assessed when designing new regulation. The paper proposes concrete policy measures to align the regulatory environment of Indonesia with that of best performing countries |
| Beschreibung: | 1 Online-Ressource (49 Seiten) |
| DOI: | 10.1787/016eea51-en |
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| 520 | 3 | |a Appropriately designed Product Market Regulation (PMR) is essential to enhance productivity, boost economic growth and increase welfare. Regulation is needed to address market failures and guarantee the health and safety of consumers. However, by limiting the entry and expansion of firms, a too stringent regulatory environment can hinder an efficient allocation of resources both within and across industries. This paper provides a detailed review of PMR in Indonesia and analyses the country's performance in this area relative to OECD countries, other G-20 members and regional peers. To do so, it relies on the OECD's PMR Indicators, which have been recently compiled for Indonesia. These indicators assess the extent to which the regulatory framework of a country is competition-friendly across a range of sectors and regulatory areas. The analysis reveals that PMR in Indonesia is less conducive to competition than in most OECD countries. The scope for improvement is particularly great in areas such as barriers in network sectors, command-and-control regulation, public procurement, the governance of State-owned Enterprises (SOEs) and the extent to which the impact on competition is assessed when designing new regulation. The paper proposes concrete policy measures to align the regulatory environment of Indonesia with that of best performing countries | |
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| spelling | Lewis, Christine Verfasser aut Product market regulation in Indonesia An international comparison Christine, Lewis ... [et al] Paris OECD Publishing 2022 1 Online-Ressource (49 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers no.1741 Appropriately designed Product Market Regulation (PMR) is essential to enhance productivity, boost economic growth and increase welfare. Regulation is needed to address market failures and guarantee the health and safety of consumers. However, by limiting the entry and expansion of firms, a too stringent regulatory environment can hinder an efficient allocation of resources both within and across industries. This paper provides a detailed review of PMR in Indonesia and analyses the country's performance in this area relative to OECD countries, other G-20 members and regional peers. To do so, it relies on the OECD's PMR Indicators, which have been recently compiled for Indonesia. These indicators assess the extent to which the regulatory framework of a country is competition-friendly across a range of sectors and regulatory areas. The analysis reveals that PMR in Indonesia is less conducive to competition than in most OECD countries. The scope for improvement is particularly great in areas such as barriers in network sectors, command-and-control regulation, public procurement, the governance of State-owned Enterprises (SOEs) and the extent to which the impact on competition is assessed when designing new regulation. The paper proposes concrete policy measures to align the regulatory environment of Indonesia with that of best performing countries Economics Indonesia Vitale, Cristiana MitwirkendeR ctb Bitetti, Rosamaria MitwirkendeR ctb Yudhianto, Auxentius Andry MitwirkendeR ctb Terrero-Davila, Javier MitwirkendeR ctb https://doi.org/10.1787/016eea51-en Verlag kostenfrei Volltext |
| spellingShingle | Lewis, Christine Product market regulation in Indonesia An international comparison Economics Indonesia |
| title | Product market regulation in Indonesia An international comparison |
| title_auth | Product market regulation in Indonesia An international comparison |
| title_exact_search | Product market regulation in Indonesia An international comparison |
| title_exact_search_txtP | Product market regulation in Indonesia An international comparison |
| title_full | Product market regulation in Indonesia An international comparison Christine, Lewis ... [et al] |
| title_fullStr | Product market regulation in Indonesia An international comparison Christine, Lewis ... [et al] |
| title_full_unstemmed | Product market regulation in Indonesia An international comparison Christine, Lewis ... [et al] |
| title_short | Product market regulation in Indonesia |
| title_sort | product market regulation in indonesia an international comparison |
| title_sub | An international comparison |
| topic | Economics Indonesia |
| topic_facet | Economics Indonesia |
| url | https://doi.org/10.1787/016eea51-en |
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