Doing Business 2020

Doing Business2020, a World Bank Group flagship publication, is the 17thin a series of annual studies measuring the regulations that enhance business activity and those that constrain it.Doing Businesspresents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies—from Afghanistan to Zimbabwe—and over time.

Doing Businesscovers 12 areas of business regulation. Ten of these areasstarting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvencyare included in the ease of doing business score and ease of doing business ranking.Doing Businessalso measures regulation on employing workers and contracting with the government, which are not included in the ease of doing business score and ranking.

By documenting changes in regulation in 12 areas of business activity in 190 economies,Doing Businessanalyzes regulation that encourages efficiency and supports freedom to do business. The data collected byDoing Businessaddress three questions about government. First, when do governments change regulation with a view to developing their private sector? Second, what are the characteristics of reformist governments? Third, what are the effects of regulatory change on different aspects of economic or investment activity? Answering these questions adds to our knowledge of development.

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Source: www.doingbusiness.org

Disclaimer: The views expressed in this article are those of the author and do not necessarily reflect the views of the Economic Times – ET Edge Insights, its management, or its members

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