Post by account_disabled on Mar 7, 2024 6:14:45 GMT
The World Bank report known as "Doing Business" has just been published, which includes 190 countries/economies of the world, including Albania. This report has been published regularly since 2003, initially with 5 groups of indicators, while the new report is more analytical and includes 11 such groups, as well as comparatively analyzes the regulatory framework of business/small and medium enterprises (SME). The indicators used in the 2020 Report are: Starting a business; Dealing with construction permits; Provision of electricity; Property registration; Obtaining a loan; Protection of minority investors;p Payment of taxes; Trade across borders; Implementation of contracts; Bankruptcy Settlement and Employment of Workers.
By measuring the financial cost and the time Cambodia Telegram Number Data spent, it becomes possible to provide a very useful professional comparative information, which different countries use to review the policies they follow and to evaluate the performance of the institutions that offer their services to business community. That is, this report provides quantitative indicators for the legal rules necessary for starting a business, for obtaining building permits, securing electricity, registering property, obtaining bank loans, protecting minority investors, paying taxes, trading abroad, the implementation of contractual obligations and the resolution of the bankruptcy case. Through these indicators related to the entire life cycle of the business, but also other indicators such as those for workforce, etc.
Through this document it becomes possible to review, complete and improve the rules in force for a more efficient legal framework ; provide measurable benchmarks for reforms undertaken by the government; and the report itself also serves as a resource for the academic world, journalists, private sector researchers and others interested in the business climate in the country. Since I have continuously followed the publication of this report and other similar indices over the years, I take the opportunity to emphasize that the main shortcoming of this report lies in the fact that it is mainly based on the documentary aspect (supply side), that is, on what the government offers, as well as in the sometimes subjective opinions of experts.
By measuring the financial cost and the time Cambodia Telegram Number Data spent, it becomes possible to provide a very useful professional comparative information, which different countries use to review the policies they follow and to evaluate the performance of the institutions that offer their services to business community. That is, this report provides quantitative indicators for the legal rules necessary for starting a business, for obtaining building permits, securing electricity, registering property, obtaining bank loans, protecting minority investors, paying taxes, trading abroad, the implementation of contractual obligations and the resolution of the bankruptcy case. Through these indicators related to the entire life cycle of the business, but also other indicators such as those for workforce, etc.
Through this document it becomes possible to review, complete and improve the rules in force for a more efficient legal framework ; provide measurable benchmarks for reforms undertaken by the government; and the report itself also serves as a resource for the academic world, journalists, private sector researchers and others interested in the business climate in the country. Since I have continuously followed the publication of this report and other similar indices over the years, I take the opportunity to emphasize that the main shortcoming of this report lies in the fact that it is mainly based on the documentary aspect (supply side), that is, on what the government offers, as well as in the sometimes subjective opinions of experts.