Doing Business in the Shadows: Informal Firms, Irregular Immigrants and the Government

Author(s):  
Eleni Kyrkopoulou ◽  
Theodore Palivos
2021 ◽  
Vol 17 (1) ◽  
pp. 101-123
Author(s):  
Shakirat Adepeju Babatunde ◽  
Mohammed Kayode Ajape ◽  
Kabir Dandago Isa ◽  
Owolabi Kuye ◽  
Eddy Olajide Omolehinwa ◽  
...  

Abstract: This study investigates the effect of Ease of Doing Business Index (EDBI) on Return on Investment (ROI). The study employs a cross-sectional survey design covering five years from 2015 to 2019. The sample is 47 registered companies with the Lagos Chamber of Commerce and Industry, which is the most representative of the organised private sector group in Nigeria. The study adopts descriptive and linear regression statistical analysis. Findings show a statistically significant negative effect of Government policy continuity. The government procurement process, Raw materials availability and Quality of workforce show adverse effects. Traffic and transportation management, power supply and Security infrastructure show insignificant effect on ROI. Hence, findings indicate that Government procurement process is inimical to ease of doing business in Nigeria despite the government improvement efforts. Since government efforts are insufficient, the World Bank should incorporate private sector ideals into EDBI to create a synergy a robust EDBI. Keywords: Ease of Doing Business, ease of doing business index, return on investment, investors, World Bank.      Ease of Doing Business Index: Sebuah Analisis terhadap Pandangan Praktis InvestorAbstrak: Penelitian ini menginvestigasi pengaruh Ease of Doing Business Index (EDBI) terhadap Return on Investment (ROI). Penelitian ini menggunakan desain survei cross-sectional dari tahun 2015 sampai dengan tahun 2019. Sampel penelitian ini adalah 47 perusahaan yang terdaftar di Lagos Chamber of Commerce and Industry. Penelitian ini menggunakan analisis deskriptif dan statistik regresi linear. Dari berbagai elemen EDBI, temuan dari penelitian ini menunjukkan adanya pengaruh negatif yang signifikan antara keterlanjutan kebijakan pemerintah terhadap ROI. Proses pengadaan pemerintah, ketersediaan bahan mentah, dan kualitas tenaga kerja menunjukkan pengaruh berkebalikan dengan ROI. Lalu lintas dan manajemen transportasi, supply listrik, dan infrastruktur keamanan menunjukkan pengaruh tidak signifikan terhadap ROI. Usaha pemerintah dalam meningkatkan proses pengaadaan pemerintah masih belum memadai karena masih kecilnya pengaruh terhadap EDBI Nigeria. World Bank sebaiknya memasukkan pengaruh sektor privat dalam indikator EDBI sebagai upaya menciptakan sinergi antara pemerintah dan sektor privat untuk peningkatan EDBI dan dampaknya pada ekonomi. Kata kunci: Ease of Doing Business, indeks kemudahan berbisnis, pengembalian investasi, investor, Bank Dunia


Author(s):  
Abdul Kabir Karimi

The article aims to present Afghanistan’s business environment and elaborates on the huge potential for investment in an uncertain place. A number of literatures has been reviewed from different international and government-related institutions and also quoted government high-level officials to identify these potentials and uncertainties. The review of the studies and research by international institutions suggests that the government of Afghanistan is actively working to prepare a business-friendly environment for domestic and foreign investors. However, political instability, lack of electricity, crime, theft and disorder, access to land and corruption still remains as the major constraints of doing business in Afghanistan. It is a fact that reviving Afghanistan’s business environment in this critical situation of conflict, declining international aid, and ongoing political chaos can be extremely difficult. However, reviving its business environment and utilizing the opportunities cannot wait for the end of the ongoing conflict and current political uncertainty. What Afghanistan needs to do is think creatively to recognize what can be done in the time of conflict and political uncertainty to take advantage from those opportunities. Although the extension of the article analysis requires more evidence to judge, the analysis challenges the general understanding of the business environment and points to important new avenues of research.


Author(s):  
Nataliia Sytnyk ◽  
Veronika Ishchenko

In modern conditions of functioning of the market economy, in the era of development of globalization and globalization processes, the prevalence of international relations, the spread of various forms of international capital movement, in particular foreign direct investment, an important place is occupied by investment activities and policies implemented by the state within the framework of the latter. It is difficult to overestimate the importance and role of investment, because world experience shows that the effective development of business entities, and therefore the country's economy as a whole, cannot be imagined without making investments. Therefore, the government of almost any country in the world is focused on creating a favorable investment climate. The article defines the theoretical foundations of investment security of the state: the essence of the concept is outlined, the principles on which investment security is based, its place and role in the state's economic security system are justified. Qualitative and quantitative criteria for a comprehensive assessment of the state's investment security are presented. The calculation and analysis of the main indicators – quantitative criteria of investment security: gross accumulation of fixed capital; the degree of accumulation of fixed capital; the ratio of the cost of newly introduced fixed assets to the volume of capital investments is carried out; the ratio of net growth of foreign direct investment to GDP; the size of the Ukrainian economy as a percentage of global GDP. The dynamics of the total volume of foreign direct investment in the Ukrainian economy in the context of world countries is analyzed. The main investor countries that ensure the receipt of the largest volumes of investment flows to the Ukrainian economy are identified. Ukraine's place in the World Bank's “Doing Business” rating over the past ten years has been demonstrated. The positive dynamics regarding Ukraine's place in the World Bank's “Doing Business” rating and the main factors that influenced such positive changes were noted. The investment climate of the state is assessed and possible measures are proposed to improve the mechanism of managing the state's investment security.


Author(s):  
Nik Hadiyan Nik Azman ◽  
Tajul Ariffin Masron ◽  
Haslindar Ibrahim

The COVID-19 pandemic has heavily impacted micro-entrepreneurs worldwide. Some need to remain open to survive; some need to shift employees to remote work, and some need to shut down to save cost. Although there is an incentive and assisting funds given by the government, the fund might only last for three months. The funds might be accessed through Islamic Social Finance tools (Zakat, Waqf, Baytulmal, Ar-Rahnu). ISF is assisting and supporting micro-entrepreneurs to survive. Although ISF mitigates the risk by providing fund assistance to micro-entrepreneurs, it is essential to know how far this assistance can further backing them to survive in doing business. Therefore, this study intends to investigate the significance of social finance in Islamic ways to stabilize micro-entrepreneurs' income during the COVID-19 pandemic. A survey consists of 200 questionnaires distributed to micro-entrepreneurs in three states in Malaysia between June to August 2020. The finding shows that ISF plays an essential role in stabilizing income among micro-entrepreneurs during pandemic COVID-19.


Worldview ◽  
1972 ◽  
Vol 15 (7) ◽  
pp. 11-14
Author(s):  
Robert W. Baraett

The anomaly in present U.S.-Japanese relations is that, while both countries warmly approve each other's professed foreign policies, neither country has mastered the new styles of doing business with each other necessitated by domestic trends, imperfectly perceived, which affect how each country looks upon itself and expects the other to understand it.The United States recognizes, at last, limits on its resources, power and capabilities. At home, the U.S. Government must devote a larger part of its budget to urgent social and economic needs of its own people. Looking outward, the Government rations sparingly the wealth it shares with others and insists that others, able to do so, take a larger part of real responsibility for preservation of world order. The American people are weary of ideological overtones in power confrontations abroad and are beginning to accept, with all of the risks and confusion of new perspectives, the reality of a pluralistic world.


2018 ◽  
Vol 6 (2) ◽  
pp. 12
Author(s):  
Zvavahera Promise ◽  
Chigora Farai ◽  
Tandi Roselyn

This study sought to evaluate the impact of the Indigenisation Policy on the socio-economic emancipation of rural communities in Zimbabwe. A case study approach was taken focusing on the Marange and Zimunya communities in Manicaland Province of Zimbabwe, where diamonds are being mined. Both qualitative and quantitative research methodologies were applied to get a balanced view from these two communities on their socio-economic improvement because of the mining of diamonds, which are a valuable natural resource found in these two communities. Purposive sampling was applied to come up with the sample of senior politicians and traditional leaders. Two Focus groups were formed in the two communities. The study established that the five diamond mining companies doing business in the two communities had failed to honour their pledges of contributing USD10 million each towards the development of the two communities. Only USD400 000 was contributed by two mining companies at the time of the study. Ninety five percent (95%) of the respondents reported that there were no projects that were being implemented to benefit the local communities. It was therefore, concluded that there was limited socio-economic empowerment of the Marange-Zimunya communities by the diamond mining companies. The study recommended the intervention by the Government in order for these mining companies to honour their pledges by coming up with empowerment projects and also by allowing the two communities to have shares in these companies so that they could be economically empowered.


2018 ◽  
Vol 215 ◽  
pp. 02010
Author(s):  
Wawan Dhewanto ◽  
Yuliani Dwi Lestari ◽  
Sri Heliana ◽  
Qonita Himmatul Aliya ◽  
Nur Lawiyah

The expansion of information technology and electronic commerce in Indonesia has provides the opportunities for entrepreneurs to develop their business. It can be seen from the rapid growth of SMEs and creative business in Indonesia increased from year to year. Most SMEs have adopted information technology and electronic commerce (e-commerce) for their business. E-commerce was really famous in today business to be discussed. In general e-commerce is radically changing traditional ways of doing business. The government says ecommerce has huge potential to build the economy of the nation because the large number of internet users increase continuously and become the first factors of adopting technology of ecommerce by the organization. Various research has been analyzed widely the adoption of ecommerce by SMEs. The purpose of this research is to examine determinant factors of adoption of technology ecommerce in SMEs and the impact on their organizational business as a result of level of success. Firstly, empirically investigate the determinants factors in internal and external by conducting interview. Secondly, provide new direction addressing why the business adopt ecommerce and what are concerning factors in adopting ecommerce with a successful. Analysis was done by comparing and analyzing six SMEs in South Bandung in a cluster that have same of types of products and adopt technology ecommerce but have a different in many ways. As the result of this study, limited human resource capacity and skills is the main constrains faced by SMEs when adopting technology ecommerce.


Author(s):  
Anak Agung Ngurah Agung Satrya Diana

Licensing is one of the fundamental problems in the administration of the licensing applicant investment in Indonesia . Licensing is one of the very important first step in starting a business activity which is a testament to the legality of an otherwise legitimate business activities or the permissibility of a person or legal entity to conduct business activities . With the enactment of Law No. 25 of 2007 on Investment has shown that the character of a paradigmatic shift in the organization of centralized to decentralized investment in Indonesia , with the authority given to the Government of Blood to organize affairs in the administration of Investment mandatory . Especially with the issuance of Presidential Decree No. 27 Year 2009 on One Stop Services in the Field of Investment , is expected to provide legal certainty to investors who want to invest in an area designated by the legislation in force . The Province of Bali has established Investment and Licensing Agency Bali Province as Provincial Tool to Investment ( PDPPM ) , which has been granted delegation of authority from the Governor of Bali to host Investment in accordance with the authority granted by the laws and existing undnagan . However, there are shortcomings in the regulation of the Governor of Bali Delegation Authority in the Field Licensing and Nonperizinan To the Head of Investment and Licensing province of Bali , which does not include the authority to issue permissions to Investment based on legislation in the field of investment , so that in case PDPPM this as an institution in Bali province can not provide legal certainty associated with the licensing application filed by investors in doing business in Bali Province in accordance with the issuance authority.


2020 ◽  
Vol 15 (3) ◽  
pp. 14 ◽  
Author(s):  
Rachel Bayisenge ◽  
Hu Shengede ◽  
Yves Harimana ◽  
Jean Bosco Karega ◽  
Margret Lukileni ◽  
...  

Small and Medium Enterprises are the key to the national economic development as a way to improve its population livelihood. The main reason for this sector is a potential employment with the low cost of the capital. The contribution of small and medium enterprises run by women in society was recognized to the employment generation, gender equality and economic development. A personnel initiative, vision, and innovation to grow their businesses are well needed. In this research 15 districts out of 30 were selected to get all needed data, and thirteen (13) women were communicated in each selected district (15) as a sum of a hundred and ninety-five (195) correspondents. The combination of quantitative and qualitative methods was used to analyze data, and questionnaires and interviews were used to collect data. Our results have been proved that small and medium enterprises run by women and sustainability of Rwandan economic development were closely related as the SMEs run by women increase and employment opportunities also increase. It was noted that women owned SMEs is a central driving effort behind gender equality, poverty reduction, and job creation. Therefore, it is recommended that the government might set the policy to encourage women in doing business whereby women in different regions of Rwanda should be given enough attention in economy activities through both small and medium enterprises, and entrepreneurship.


2021 ◽  
Vol 13 (1) ◽  
pp. 35
Author(s):  
Hidayat Rumatiga

In Indonesia, the formulation of the Anti-Monopoly Law was motivated by an agreement between the International Monetary Fund (IMF) and the Government of the Republic of Indonesia. However, the agreement with the IMF was not the only reason for drafting the law. Even though Indonesia already has an anti-monopoly law, it still practices monopoly in doing business. For example, the monopolistic practices carried out by 12 hen holding companies. sentenced to a total of Rp. 119.8 billion in fines to 11 companies that surpassed the chicken cartel. The verdict was handed down after the Commission Council chaired by Kamser Lumbanradja conducted an examination of Case Number 02 / KPPU-I / 2016 concerning Violation of Article 11 of Law Number 5 Year 1999 concerning cartel agreements at the KPPU hearing, on 13/10/2016 in Jakarta.Keywords : Business Competition; Trade; Comestibles.


Sign in / Sign up

Export Citation Format

Share Document