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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2017
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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 |
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Digital Repository |
institution_category |
Foreign Institution |
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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 |
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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 |
_version_ |
1764460180959920128 |