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Doing Business - Getting Easier Around the World

DOING BUSINESS GETTING EASIER AROUND THE WORLD A vibrant private sector-with firms making investments, creating jobs, and improving productivity-promotes growth and expands opportunities for poor people. The Doing Business project provides objective measures of business regulations for local firms in 185 economies and shows that doing business around the world is getting easier. The Women, Business and The Law project maps legal barriers for women in starting businesses and getting jobs. These barriers are coming down in all parts of the globe, releasing the potential of... ENTREPRENEURS Governments are making it NUMBER OF ECONOMIES WHERE IT'S POSSIBLE: easier for local entrepreneurs by making it possible to... START A BUSINESS 2005 2012 IN LESS THAN 20 DAYS. 40 105 8pen E-government initiatives are on the rise, saving time and money and providing new opportunities for increasing transparency. ECONOMIES USE ELECTRONIC SYSTEMS FOR SERVICES 100+ ranging from business registration to customs clearance to court filings. It is getting easier for entrepreneurs to find the information they need to start a business. WOMEN IN THE WORKFORCE But women continue to face legal restrictions related to their ability to navigate the While the gender gap continues to be a business environment. hurdle for many women, it is getting easier for women to run businesses and ONLY 38 get jobs. OF 141 FROM 2009 TO 2011, 39 ECONOMIES ECONOMIES set equal rights for men and women in 45 key areas. MADE A LEGAL CHANGE TOWARD GENDER PARITY. 232 MILLION LEADING TO... STOP MORE THAN HALF A BILLION women live in economies where they cannot get a job without their husband's permission. IMAGINE liil what the rest of the world's women can achieve if all the barriers come down. women now having brighter prospects to start a business or get a job. ECONOMIES Business regulatory reforms are making tangible The regulatory environment as impact on the ground. For example: measured by the Doing Business indicators has been improving. MEXICO 2.8% Simplified municipal employment procedures at the state level. MORE THAN 60 ECONOMIES COLOMBIA 5.1% use the Doing Business indicators to shape Phased introduction formal firm reform agendas and monitor reform. of one-stop shops for registration business start-up. Regions with the most efficient regulatory processes have a better business-friendly environment. Stronger legal institutions and property rights are associated with more efficient regulatory processes. INDIA 6% new Stronger Progressively eliminated firms a number of lengthy and created O- OECD high income bureaucratic controls that were required to Europe & Central Asia operate a business. Latin America & Caribbean Complex & expensive Regulatory processes South Asia -• - East Asia & Pacific Simple & inexpensive RWANDA 308% Created one-stop Middle East & North Africa new firms registered Sub-Saharan- shop for business Africa registration. Weaker AFRICA Distance to the "frontier" (a measure based on the most efficient business regulatory practices observed by the Doing Business project across countries and over time) has been decreasing: DOING BUSINESS IS: Starting and running a (COMPLEX) (EASY) 100 business in Africa is South Africa 2005- 2012 still costlier and more Mauritius complex than in any 2005 2012 Namibia other region of the world. Kenya Ghana Swaziland Ethiopia HOWEVER, Uganda 45 OF 46 Lesotho Gambia, The Nigeria Madagascar Comoros SUB-SAHARAN GOVERNMENTS Cameroon improved their economy's regulatory environment for domestic Rwanda businesses over the past 8 years-with an average of nine Benin institutional and regulatory reforms per economy. Senegal Togo Mauritania Among these economies, Rwanda Mali improved the most over the past 7 years. Angola Guinea-Bissau The Rwandan government tracked its Congo, Rep. progress in comparison to other economies Burkina Fas in the region, assessed challenges, and Congo, Dem. Rep. made adjustments to ultimately improve Chad over time. THE WORLD Doing Business drives demand for business regulatory reforms. 108 ECONOMIES IMPLEMENTED 201 REFORMS Eastern Europe (non-EU) IN 2011/12. Central Asia and Caucasus 100% 70% 59% East Asia and Pacific Caribbean 83% OECD high income (non-EU) 36% 50% 46% European Union Middle East and North Africa 38% 53% South Asia 61% PERCENTAGE OF ECONOMIES Central and South America WITH AT LEAST ONE POSITIVE Sub-Saharan Africa REFORM IN 2011/12 ABOUT THE WORLD BANK GROUP'S DATA The World Bank and IFC together produce research and datasets on indicators that focus on business regulation at a national and sub-national level, gender, and firm-level data in emerging markets and developing countries. The Doing Business report provides quantified, comparable measures of business regulations across 185 economies. Published annually since 2003, it measures the efficiency and strength of laws, regulations, and institutions relevant to domestic small and medium-size companies throughout their life cycle. You will find Doing Business, Women, Business and The Law, and Enterprise Surveys information at: WWW.DOINGBUSINESS.ORG/GIA THE WORLD BANK GROUP THE FRONTIER

Doing Business - Getting Easier Around the World

shared by worldbank on Oct 23
A vibrant private sector-with firms making investments, creating jobs, and improving productivity—promotes growth and expands opportunities for poor people. The Doing Business project provides objec...


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