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Doing Business 2010 : Reforming through Difficult Times. Overview Dahlia Khalifa dkhalifa@worldbank.org. Doing Business – Overview. Launched 8 years ago. Goal: to provide an objective basis for understanding and improving the regulatory environment for business.

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doing business 2010 reforming through difficult times
Doing Business 2010:Reforming through Difficult Times

Overview

Dahlia Khalifa

dkhalifa@worldbank.org

slide2

DoingBusiness – Overview

  • Launched 8 years ago.
  • Goal: to provide an objective basis for understanding and improving the regulatory environment for business.
  • From 5 indicator sets in 133 economies to 10 in 183 economies.
  • The objective: efficient regulations, accessible to all, and simple in their implementation.
    • Focus on regulations relevant to the life cycle of a small to medium-sized domestic business based on standardized case
    • DO NOT measure all aspects of the business environment.
doing business indicators 10 areas of business regulation
Doing Business indicators – 10 areas of business regulation
  • Recovery rate
  • Reallocation of assets

Property rights

Investor protection

Access to credit

  • Administrative burden
  • Flexibility in hiring
  • Entry
slide4

How does it work? Doing Business methodology… Time and Motion indicators

  • Time and motion indicators
  • Starting a business Dealing with construction permits
  • Registering property Paying taxes
  • Trading across borders Enforcing contracts
  • Closing a business
slide5

Legal scoring indicators: Rwanda companies law again drives change

Rwanda’s new companies law strengthens investor protection

  • Based on a standardized case
  • Establishes indices with scoring scale
  • Gather all the relevant laws, regulations
  • Assigns value based on laws, regulation
  • Main index is often a function of underlying indices
  • Scoring (legal) indicators
  • Employing workers
  • Protecting investors
  • Getting credit
slide6

Where we get our data

  • Survey collection:
  • over 8,000 local professionals advising on legal and regulatory requirements
  • Lawyers, judges, accountants, freight-forwarders, architects, government officials)
  • Mostly pro bono
  • Global and regional alliances (Allen & Overy, Lex Mundi, PWC, Law Society, Union of Notaries...)
  • Survey design:
    • Originally developed in consultation with academic advisers
    • Business case with assumptions on legal form size, location, nature of operations
  • Data collection and verification:
    • Word & online surveys collection
    • Follow up through conference calls, written correspondence, country visits)
    • Review of applicable laws and regulations
  • Reform corroboration:
    • Information update round with country offices
    • Reform update review through ED offices
a twelve month project cycle
A twelve month project cycle

Surveys

- generation

- 12,000 sent

Launch

- 58 launch events in 25 countries

  • Data collection
  • Conference calls & VC’s
  • written correspondence
  • Travel to 43 countries in DB10

Dec- Jan

Website

- 2 million visits last year

  • Data analysis and government feedback
  • Coding of 52,000 data points with Excel
  • 287 reforms recorded

Sept- Nov

Feb- May

  • Media prep
  • 5,739 articles
  • and mentions

Report production

- 12,000 copies sold

June- Aug

Translations

June 1st cutoff date for reform

  • Final data / contributors list
  • 8,000 contributors
  • interaction with 183 governments

Publication/writing

Note: refers to Doing Business 2010 cycle

slide10

Key findings in this year’s report

  • Against backdrop of global financial and economic crisis, record number of reforms recorded: 287 reforms in 131 countries; 20% more than in the year before.
  • Focus on SMEs for job creation. Regulatory ease of starting, operating and closing a business influences how well firms can cope and adjust.
  • Reforms more likely in developing economies: Two-thirds of reforms in low- and lower-middle-income economies.
  • Rwanda first Sub-Saharan African country to become top reformer: Reforms in 7 of the 10 areas; from143 to 67 in aggregate ranking.
  • 2 regions stand out for reform pace in 2008/9: Eastern Europe and Central Asia (sixth year in a row) and Middle East and North Africa
percentage of countries with at least one positive reform

Eastern Europe and Central Asia reformed the most, followed by Middle East and North Africa

Percentage of countries with at least one positive reform

96%

High Income OECD

Eastern Europe and Central Asia

89%

59%

63%

63%

71%

75%

Middle East and North Africa

South Asia

Latin America and Caribbean

East Asia and Pacific

Sub-Saharan Africa

broad reform programs more common in developing economies
Broad reform programs more common in developing economies
  • Following a longer-term agenda aimed at increasing the competitiveness of their firms.
  • Continually pushing forward and staying proactive.
  • Following a clear direction in their policy agenda while responding to new economic realities.
peer learning and benchmarking completed reforms motivated or informed by db
Peer-learning and benchmarking: completed reforms motivated or informed by DB

About 270 reforms since 2004

127 reforms in 2008/9

270

  • Reform task forces in over 30 countries
    • At the Prime Minister’s or President’s level (e.g. Colombia, Burkina Faso, India)
    • At the ministerial level (e.g. Rwanda, Egypt, Kenya, Liberia, Sierra Leone, Kazakhstan, Saudi Arabia)
  • Using Doing Business to learn from and cooperate with others
    • Peer-learning events in El Salvador (Central America), Mauritius (Small Island States), Abu Dhabi (Arab World).
    • Ease of Doing Business action plan for 21 members of Asia-Pacific Economic Cooperation (APEC).
learning from others
Learning from others

“What I like about Doing Business … is that it creates a forum for exchanging knowledge. It’s no exaggeration when I say I checked the top ten in every indicator and we just asked them “What did you do”? If there is any advantage to starting late in anything, it’s that you can learn from others.”

Dr MahmoudMohieldin, Egypt’s Minister of Investment, and Doing Business 2010 top reformer

growing body of research drawing on doing business
Growing body of research drawing on Doing Business

405 articles published in peer-reviewed academic journals, about 1,140 working papers

Some findings of recent research:

  • Higher entry costs significantly reduce output per worker and skilled employment. (Barseghyan (2008), Freund and Bolacky (2008), Dulleck et al (2006))
  • Women are particularly affected by regulation and its impact on entrepreneurship. (Ardagne and Lusagi (2009))
  • Economy’s governance structure and natural resources influence motivation for reform (Amin and Djankov, 2009)