Re­forms have had small im­pact

Kathimerini English - - Focus - DIMITRA MANIFAVA

The im­pact of spe­cial­ized re­forms in cer­tain sec­tors in re­cent years, aimed at lib­er­al­iz­ing mar­kets, re­mains limited ac­cord­ing to a sur­vey by the Foun­da­tion for Eco­nomic and In­dus­trial Re­search (IOBE).

The pos­i­tive re­sults of lift­ing bar­ri­ers have been over­shad­owed by the ad­verse macroe­co­nomic en­vi­ron­ment, while in some cases the ap­pli­ca­tion of the rel­e­vant reg­u­la­tions was late due to de­lays in nec­es­sary sec­tor-spe­cific leg­is­la­tion.

Hor­i­zon­tal re­forms have proved much more ef­fec­tive, par­tic­u­larly changes aimed at ren­der­ing the la­bor mar­ket more flex­i­ble and those re­lated to facil- itat­ing en­trepreneur­ship, such as mak­ing it eas­ier to start a busi­ness.

The sur­vey gauged the im­pact of re­forms in the sec­tors of road cargo trans­port, road pas­sen­ger trans­port, the pro­duc­tion and sale of elec­tri­cal en­ergy, cruise tourism and recre­ational ves­sels, and casi­nos and games of chance.

Out of the five sec­tors stud­ied pas­sen­ger trans­port ap­pears to be the one to have ben­e­fit­ted the most, with two sig­nif­i­cant bar­ri­ers lifted by in­ter­ven­tions to the law passed in 2011, the IOBE sur­vey has shown. Casi­nos and games of chance have en­joyed the small­est ben­e­fit.

The hir­ings-de­par­tures bal­ance of the La­bor Min­istry’s Er­gani data­base showed a sur­plus of 40,449 jobs in June, as the be­gin­ning of the tourism sea­son saw hir­ings soar. In the first six months of the year hir­ings out­num­bered de­par­tures by 255,903.

Road pas­sen­ger trans­port has ben­e­fit­ted con­sid­er­ably from the re­forms in­tro­duced in the sec­tor.

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