Background Image
Previous Page  114 / 127 Next Page
Information
Show Menu
Previous Page 114 / 127 Next Page
Page Background

Barriers and Opportunities for Enhancing Capital Flows

In the COMCEC Member Countries

106

Very high: discouragement of new business, random

application of regulations

3.

Freedom of existing businesses to compete

Very high

High

Moderate

Low

Very low

4.

Government policy on actively promoting competition and

curbing unfair business practices

Very good: unrestricted entry to almost all markets;

effective enforcement of well-drafted competition policy

Good: significant actions to reduce monopoly power

and promote competitive environment

Fair: some actions to curb monopoly power;

reduction of entry restrictions

Poor: competition policy and legislation exist; little

enforcement action

Very poor: no effective competition institutions or

legislation

5.

Protection of intellectual property

Very good

Good

Fair

Poor

Very poor

Consider:

how strict and well-enforced the regulations

are. How efficient are the courts in dealing with

transgressors? Can the injured party gain an injunction?

Does protection extend to patents, trademarks and service

marks?

6.

Price controls

Very few or none

In a few areas, usually including energy and some

utilities

In some areas, including energy, agricultural

products and some household staples

In a significant number of industrial sectors as well

as utilities

Extensive

7.

Distortions in the business environment arising from

special interest groups’ lobbying of government

Very low

Low

Moderate

High

Very high