Doing Business: Benchmarking Business Regulations

From Biz Wiki

"The Doing Business database provides indicators of the cost of doing business by identifying specific regulations that enhance or constrain business investment, productivity, and growth. The indicators are developed by the Private Sector Vice Presidency of the World Bank Group in cooperation with the Lex Mundi Association of law firms and the International Bar Association."

"The principal data collection methods for the indicators are the study of the existing laws and regulations in each economy; targeted interviews with regulators or private sector professionals in each topic; and cooperative arrangements with other departments of the World Bank, other donor agencies, private consulting firms, business and law associations. The project team prepared a set of templates or questionnaires for use by staff of the World Bank Group, or other agencies, in their work on business environment issues."

Topics covered include:

  • Starting a Business
  • Dealing with Licenses
  • Hiring & Firing Workers
  • Registering Property
  • Getting Credit
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