Together with the International Finance Corporation (IFC) from The World Bank Group, the Institute of Policy Studies is hosting a roundtable to discuss the latest findings from IFC’s Doing Business 2012 report.
The 2012 report finds that economies continued to implement reforms that enhance local firms’ ability to do business, with transparency and access to information playing a key role in the reforms. Doing Business 2012: Doing Business in a More Transparent World assessed regulations affecting domestic firms in 183 economies and ranked the economies in 10 areas of business regulation, such as starting a business, resolving insolvency and trading across borders. This year’s report data cover regulations measured from June 2010 through May 2011. The report rankings on ease of doing business have expanded to include indicators on getting electricity. The report finds that getting an electrical connection is most efficient in Iceland; Germany; Taiwan, China; Hong Kong SAR, China; and Singapore.
This year, Singapore led on the overall ease of doing business, followed by Hong Kong SAR, China; New Zealand; the United States; and Denmark. The Republic of Korea was a new entrant to the top 10. The 12 economies that have improved the ease of doing business the most across several areas of regulation as measured by the report are Morocco, Moldova, the former Yugoslav Republic of Macedonia, São Tomé and Príncipe, Latvia, Cape Verde, Sierra Leone, Burundi, the Solomon Islands, the Republic of Korea, Armenia, and Colombia. Two-thirds are low- or lower-middle-income economies.
At this roundtable, Ms Sylvia Solf, Program Manager, and Mr Jean Michel Lobet, Private Sector Development Specialist from the Doing Business team will present their findings and look forward to your comments and feedback to their report.
Downloads