Historically countries of Eastern Europe and Central Asia have faced a number of obstacles in their transition to democracy and market-based economies. These obstacles include higher levels of corruption, and greater administrative and regulatory burdens as they pass laws and implement programs to combat corruption and promote private sector development. This report uses the results of the most recent Business Environment and Enterprise Performance Survey (BEEPS) to examine trends in corruption and administrative burden of regulations on private sector firms in 29 Eastern European and Central Asian countries.
