Rankings on the ease of doing business do not tell the whole story about an economy's business environment. Lhe indicator does not account for all factors important for doing business- for example, macroeconomic conditions, infrastructure, workforce skills or security. But improvement in an economy's ranking does indicate that its government is creating a regulatory environment more conducive to operating a business. In Eastern Europe and Central Asia many economies continue to do so- and economies in the region once again dominate the list of top Doing Business reformers in 2007/08. New this year: reforms in the region are moving eastward as 4 newcomers join the top 10 list of reformers: Azerbaijan, Albania, the Kyrgyz Republic and Belarus (table 1.1). Rwanda is one example of the divi...
... reformers: Azerbaijan, Georgia and the former Yugoslav Republic of Macedonia in Eastern Europe a...
Eastern Europe and Central Asia saw reform in 10 economies. Six reduced the running-around time for entrepreneurs by creating one-stop shops. Albania took registration out of the courts and merged company, social security, labor and tax registrations. Before, entrepreneurs had to wait more than a month to start doing business; now it's just 8 days. Azerbaijan's one-stop shop reduced delays by 2 weeks, Slovenia's by 6. Bulgaria, the Kyrgyz Republic and the former Yugoslav Republic of Macedonia undertook reforms similar to Azerbaijan's. And while Czech entrepreneurs still have to obtain multiple documents, the new "Project Czech Point" allows them to do so at one place. Lebanon and Oman improved the efficiency of their one-stop shops. What used to take 46 days in Lebanon now takes 11. Tun...
Economies that score well on the ease of keep courts efficient by introducing case management, strict procedural time limits and specialized commercial courts or e-courts; by streamlining appeals; and by making enforcement of judgments faster and cheaper (table 10.1). Most reforms took place in Eastern Europe and Central Asia- in Armenia, Azerbaijan, Bulgaria, the former Yugoslav Republic of Macedonia and Romania. Among OECD high-income economies, Austria, Belgium and Portugal reformed. In Africa, Mozambique and Rwanda did. In South Asia, Bhutan was the only economy that improved its courts in 2007/08. In East Asia, China was the only reformer. The Middle East and North Africa had no reforms. In Rwanda specialized commercial courts started operating in May 2008. Thre...
The crisis constituted by the actions of persons engaged in, or assisting, sponsoring, or supporting, (i) extremist violence in the former Yugoslav Republic of Macedonia, and elsewhere in the Western Balkans region, or (ii) acts obstructing implementation of the Dayton Accords in Bosnia or United Nations security Council Resolution 1244 of june 10, 1999, in Kosovo, that led to the declaration of a national emergency on june 26, 2001, has not been resolved.
The break-up of the Soviet Union, in the beginning of the 1990s influenced developments in the Balkan Peninsula, which acquired the form of an intense secessionist wave in the federal republics that made up the Yugoslav federation. The EC, despite its low degree of political integration, tried to intervene in the developing crisis, using the recognition of the newly independent states as a political leverage, and although the EC intervention did not avert the dynamics of the upcoming dramatic developments, the use of recognition as a diplomatic leverage, along with the known and already tested in the past principle of "uti possidetis juris," did function in this case as a brake to the escalation of the Yugoslav tragedy. Of particular interest is the case of the former Socialist Republic...
Jason Miko's column "A place at the table for Macedonia?" (Commentary, Sept. 7) misidentifies the loyal ally that has been disrespected by the United States. Mr. Miko's attempt to demonstrate how the United States favors Greece over the Former Yugoslav Republic of Macedonia (FYROM) is flawed. In November 2004, the United States, in total disregard of Greece, a long-standing NATO ally, irresponsibly reversed 60-plus years of policy and recognized FYROM as the Republic of Macedonia. This act by the United States has contributed greatly to FYROM's intransigence in the quest to find a mutually acceptable solution to its name dispute within a U.N. framework. Furthermore, it has emboldened FYROM to condone hate propaganda and acts of provocation against Greece and its citizens, causing poor n...
Last week's unfortunate incident in, of all places, the U.N. General Assembly, only underscores the provocative and intransigent attitude of the Former Yugoslav Republic of Macedonia (FYROM) toward a member of NATO and the European Union - its neighbor, Greece. On Sept. 25, 2007, the president of the 62nd United Nations General Assembly, Srgjan Kerim, a FYROM national, compromised the credibility of the U.N. General Assembly by introducing the president of his country, Branko Crvenkovksi, as the "president of the Republic of Macedonia.
For Croatia, the former Yugoslav republic of Macedonia, Turkey and "potential EU candidates" such as the western Balkan countries of Albania, Bosnia and Herzegovina, Montenegro and Serbia, the prospect of EU entry is just as meaningful as it was for their turbulent histories. As Marcus Svedberg, chief economist, East Capital Asset Management in Stockholm, points out, the promise of EU accession is a powerful force for transformation -- so much so that the pace of economic reforms among EU hopefuls and candidate countries is outstripping that in other parts of CEE. Investors seeking opportunities in Eastern Europe are looking beyond the EU candidates and potential accession candidates. The latest CEE Banking study by UniCredit notes that with fewer privatization opportunities in the esta...
On june 26, 2001, by Executive Order 13219, I declared a national emergency with respect to the Western Balkans pursuant to the International Emergency Economic Powers Act (50 U.S.C. 1701-1706) to deal with the unusual and extraordinary threat to the national security and foreign policy of the United States constituted by the actions of persons engaged in, or assisting, sponsoring, or supporting (i) extremist violence in the former Yugoslav Republic of Macedonia, and elsewhere in the Western Balkans region,...
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