The Cost of Doing Business in Africa Evidence from the Investment Climate Survey Data. Vijaya Ramachandran*
The Cost of Doing Business in AfricaEvidence from the Investment Climate Survey Data
*This presentation is based on research jointly carried out with Alan Gelb, Benn Eifert, and Manju Kedia Shah, based on investment climate surveys carried out by the Regional Program on Enterprise Development, Africa Private Sector Group, The World Bank. The views expressed in this presentation are those of the authors, and not necessarily of the institutions they are affiliated with.
The waiting time for utility connections is very long in Africa compared to China….
(median value in days, in the past 2 years)
Unofficial Payments and Informal Payments
Percentage of firms receiving Trade Credit
Average Years of Relationship with Suppliers-
Ind. firms using cash
Ind. firms using credit
Furthermore, indigenous firms lack informal information networks; they have to build their reputation with suppliers through repeated transactions to obtain trade credit…
Average Firm Size (# of Workers) by Ownership
Basic Factory Floor Productivity vs. “Net” Total Factor Productivity