Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition

Kenya’s business environment has been weakening over recent years and this has limited the private sector’s ability to grow, create jobs, and contribute to economic development. Competitive domestic markets are necessary to boost Kenya’s competitiv...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/946191481707622675/Unlocking-growth-potential-in-Kenya-dismantling-regulatory-obstacles-to-competition
http://hdl.handle.net/10986/25789
id okr-10986-25789
recordtype oai_dc
spelling okr-10986-257892021-04-23T14:04:32Z Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition World Bank Group regulation competition policy regulatory framework agriculture electricity telecommunications insurance air transport services Kenya’s business environment has been weakening over recent years and this has limited the private sector’s ability to grow, create jobs, and contribute to economic development. Competitive domestic markets are necessary to boost Kenya’s competitiveness. There are two pillars that sustain effective competition policy: (i) opening markets and removing anticompetitive regulation; and (ii) effectively enforcing competition law. The main focus of this report is the identification of regulations that could restrict competition and distort markets and business decisions, having a negative effect on Kenya’s competitiveness and growth. This report contains results from a review of the regulatory framework in key areas identified using Organisation for Economic Co-operation and Development's (OECD) Product Market Regulation (PMR) indicators, the World Bank Group’s framework to identify anticompetitive regulations, and interviews with stakeholders. This report is concerned only with certain regulations that affect market competition in select sectors and topical areas. The report stems from the policy dialogue with various Kenyan institutions, supported by the Kenya Investment Climate Program. This report contains three parts. Part one identifies restrictive regulations that affect the whole economy, while Part two focuses on select sectors. Part three provides policy recommendations to promote greater competition in Kenyan markets through the assessment and modification of regulations that create obstacles to competition. It also provides estimates of the potential benefits of reforming product market regulations. 2017-01-03T21:59:21Z 2017-01-03T21:59:21Z 2015-11 Report http://documents.worldbank.org/curated/en/946191481707622675/Unlocking-growth-potential-in-Kenya-dismantling-regulatory-obstacles-to-competition http://hdl.handle.net/10986/25789 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper Africa Kenya
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic regulation
competition policy
regulatory framework
agriculture
electricity
telecommunications
insurance
air transport
services
spellingShingle regulation
competition policy
regulatory framework
agriculture
electricity
telecommunications
insurance
air transport
services
World Bank Group
Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition
geographic_facet Africa
Kenya
description Kenya’s business environment has been weakening over recent years and this has limited the private sector’s ability to grow, create jobs, and contribute to economic development. Competitive domestic markets are necessary to boost Kenya’s competitiveness. There are two pillars that sustain effective competition policy: (i) opening markets and removing anticompetitive regulation; and (ii) effectively enforcing competition law. The main focus of this report is the identification of regulations that could restrict competition and distort markets and business decisions, having a negative effect on Kenya’s competitiveness and growth. This report contains results from a review of the regulatory framework in key areas identified using Organisation for Economic Co-operation and Development's (OECD) Product Market Regulation (PMR) indicators, the World Bank Group’s framework to identify anticompetitive regulations, and interviews with stakeholders. This report is concerned only with certain regulations that affect market competition in select sectors and topical areas. The report stems from the policy dialogue with various Kenyan institutions, supported by the Kenya Investment Climate Program. This report contains three parts. Part one identifies restrictive regulations that affect the whole economy, while Part two focuses on select sectors. Part three provides policy recommendations to promote greater competition in Kenyan markets through the assessment and modification of regulations that create obstacles to competition. It also provides estimates of the potential benefits of reforming product market regulations.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition
title_short Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition
title_full Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition
title_fullStr Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition
title_full_unstemmed Unlocking Growth Potential in Kenya : Dismantling Regulatory Obstacles to Competition
title_sort unlocking growth potential in kenya : dismantling regulatory obstacles to competition
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/946191481707622675/Unlocking-growth-potential-in-Kenya-dismantling-regulatory-obstacles-to-competition
http://hdl.handle.net/10986/25789
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