Strengthening Italy’s public sector effectiveness

doi:10.1787/823cad2a-en

Cited by 1 publication

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“…Experience among OECD countries suggests that approaches relying mostly on more rules and stronger deterrence have been of limited effectiveness (OECD, 2017 [38]). Indeed, overly stringent rules or aggressive enforcement even contributed to reinforcing corruption and other unethical behaviour in some cases (Schulze and Frank, 2003[39]; Bandiera et al, 2021 [40]), while adding costs to firms and weakening confidence (Bulman, 2021[41]). Corruption often results not from intentionally breaking the rules but from expectations about reciprocity and what constitutes common behaviour in certain situations (OECD, 2018 [42]).…”

Section: Figure 13 Experience With Corruption Is Common and Tolerance...mentioning

confidence: 99%

Improving the business environment to accelerate convergence in Croatia

2023

OECD Economics Department Working Papers

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Improving the business environment to accelerate convergence in CroatiaRaising productivity growth is central to closing the gap with the incomes and well-being enjoyed in many OECD countries. Croatia has internationally competitive firms, and a dynamic economy with many young and potentially productive firms. However, overall performance has been limited by the presence of many less productive firms and more productive firms that often fail to grow. This likely reflects a business environment that weakens competitive pressures and makes investments more costly and risky. Reducing the burdens of lengthy and unpredictable regulatory procedures, resolving legal disputes faster with a more efficient judicial system, and improving public sector integrity, will be key for boosting productivity growth. Developing public equity markets and expanding R&D support would improve access to finance for young and innovative firms. State-owned enterprises play a comparatively large role in Croatia's economy but tend to underperform financially and in delivering goods and services. Improving their governance, by strengthening the state's oversight and governance arrangements, can improve outcomes. This Working Paper relates to the 2023 OECD Economic Survey of Croatia. https://www.oecd.org/economy/croatia-economic-snapshot/ JEL codes:. D24,

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Section: Figure 13 Experience With Corruption Is Common and Tolerance...mentioning

confidence: 99%

Improving the business environment to accelerate convergence in Croatia

2023

OECD Economics Department Working Papers

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Strengthening Italy’s public sector effectiveness

Abstract: Working Papers should not be reported as representing the official views of the OECD or of its member countries. The opinions expressed and arguments employed are those of the author(s).

Cited by 1 publication

References 40 publications

Improving the business environment to accelerate convergence in Croatia

Improving the business environment to accelerate convergence in Croatia

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