Measuring and comparing World Bank regions’ ‘ease of doing business’ opportunity sets

2022 ◽  
Author(s):  
Nicky Rogge ◽  
Alena Kolyaseva
Keyword(s):  
World Bank ◽  
Business Opportunity ◽  
Opportunity Sets ◽  
Doing Business ◽  
Ease Of Doing Business

Ease of Doing Business and Its Impact on Inward FDI

2018 ◽  
Vol 1 (1) ◽  
pp. 52 ◽  
Author(s):  
Mohamed Tareq Hossain ◽  
Zubair Hassan ◽  
Sumaiya Shafiq ◽  
Abdul Basit
Keyword(s):  
Regression Model ◽  
Causal Relationship ◽  
World Bank ◽  
Least Square ◽  
Doing Business ◽  
Least Square Regression ◽  
Foreign Countries ◽  
Ease Of Doing Business ◽  
The Impact ◽  
Starting A Business

This study investigates the impact of Ease of Doing Business on Inward FDI over the period from 2011 to 2015 across the globe. This study measures ease of doing business using starting a business, getting credit, registering property, paying taxes and enforcing contracts. The research used a sample of 177 countries from 190 countries listed in World Bank. Least square regression model via E-views software used to examine causal relationship. The study found that ease of doing business indicators ‘Enforcing Contracts’ was found to have a positive significant impact on Inward FDI. Nevertheless, ‘Getting Credit’ and ‘Registering Property’ were found to have a negative significant impact on Inward FDI. However, ‘Starting a Business’ and ‘Paying Taxes’ have no significant impact on Inward FDI in the studied timeframe of this research. The findings of the study suggested the ease of doing business enables inward FDI through better contract enforcements, getting credit and registering property. The findings of the research will assist international managers and companies to know the importance of ease of doing business when investing in foreign countries through FDI.

scholarly journals Ease of Doing Business Index: An Analysis of Investors Practical View

2021 ◽  
Vol 17 (1) ◽  
pp. 101-123
Author(s):  
Shakirat Adepeju Babatunde ◽  
Mohammed Kayode Ajape ◽  
Kabir Dandago Isa ◽  
Owolabi Kuye ◽  
Eddy Olajide Omolehinwa ◽  
...  
Keyword(s):  
Private Sector ◽  
World Bank ◽  
Return On Investment ◽  
Government Procurement ◽  
Cross Sectional ◽  
Procurement Process ◽  
Chamber Of Commerce ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
The Government

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

scholarly journals Menarik Investasi Ke Indonesia Dengan Tax Holiday

2021 ◽  
Vol 2 (2) ◽  
pp. 135-141
Author(s):  
Irwan Aribowo ◽  
Deny Irawan
Keyword(s):  
World Bank ◽  
Tax Incentives ◽  
Positive Signal ◽  
Doing Business ◽  
The World Bank ◽  
The World ◽  
Ease Of Doing Business ◽  
Tax Holidays ◽  
The Right ◽  
Tax Holiday

This research contains about how tax holiday as one of the tax incentives used by the Indonesian government to attract investment Ease of Doing Business index (EoDB)  released by the World Bank. Tax holiday is expected to be able to provide a positive signal to investors that Indonesia is the right country to invest in. In this paper it was found that tax holidays are not capable of attracting investment alone, but other factors are needed in order for tax holidays to be successful in attracting investment. Penelitian ini berisi tentang bagaimana tax holiday sebagai salah satu insentif pajak yang digunakan oleh pemerintah Indonesia untuk menarik investasi Karena pajak merupakan salah satu yang menjadi perhitungan dalam indeks kemudahan bisnis yang dirilis oleh Bank Dunia. Tax holiday diharapkan mampu memberikan sinyal positif kepada para investor bahwa Indonesia adalah negara yang tepat untuk berinvestasi. Dalam penelitian ini dtemukan bahwa tax holiday tak mampu sendirian menarik investasi, akan tetapi dibutuhkan faktor-faktor lain agar tax holiday berhasil menarik investasi,

Nigeria’s 2020 budget plans could prove impossible

2019 ◽  
Keyword(s):  
Interest Rate ◽  
World Bank ◽  
Growth Potential ◽  
High Interest Rate ◽  
Content Type ◽  
National Assembly ◽  
Doing Business ◽  
Deficit Financing ◽  
Rate Environment ◽  
Ease Of Doing Business

Subject Nigeria's 2020 budget. Significance President Muhammadu Buhari on October 8 proposed a 10.3-trillion-naira (28.4-billion-dollar) budget for 2020. The budget plans to increase spending on much-needed infrastructure, while deficit financing trends also look set to continue with a proposed 2.18-trillion-naira deficit. However, the proposed budget is plagued by the same challenges that have crippled previous Buhari plans, namely overly optimistic revenue expectations. Impacts A curtailing of infrastructure spending, combined with the high interest rate environment, will likely limit the economy's growth potential. Increased compliance costs could hurt an already diminished investment reputation and future World Bank ‘ease of doing business’ rankings. An easier relationship between the presidency and the national assembly should see the budget passed without the major delays of past years.

scholarly journals Efisiensi Administrasi Pajak sebagai Strategi Peningkatan Kemudahan Berusaha di Indonesia

2021 ◽  
Vol 5 (1) ◽  
pp. 74-90
Author(s):  
Muhammad Wiryo Susilo
Keyword(s):  
World Bank ◽  
Qualitative Approach ◽  
Tax Administration ◽  
Investment Climate ◽  
Payment Methods ◽  
Doing Business ◽  
The World Bank ◽  
Digital Services ◽  
The World ◽  
Ease Of Doing Business

The COVID-19 pandemic threatens the world's investment climate, including Indonesia. Indonesia is required to increase its business ease ranking so that it can compete in attracting investment. Tax administration has an important role as one of the factors determining the ease of doing business according to the World Bank. The ease of paying taxes in Indonesia has continued to increase from time to time but is still lagging behind other countries. This study aims to analyze the efficiency of tax administration in relation to the ease of doing business in Indonesia; enrich the literature on tax administration efficiency policies; and provide recommendations for improvement of ease of doing business through efficiency of tax administration based on tax administration theory and relevant concepts of ease of doing business. This research uses a descriptive qualitative approach. The results showed that the ease of paying taxes in Indonesia is still low and there are three indicators that need to be improved, namely payment, time and filling index. The author recommends simplifying tax payment types, utilizing cashless payment methods through digital services and using Artificial Intelligence in making tax decisions.

scholarly journals Investigating Factors Related to Easy of Doing Business Score in Asian Countries

2021 ◽  
Vol 5 (1) ◽  
pp. 1-14
Author(s):  
Niyungeko Antoine
Keyword(s):  
World Bank ◽  
Business Environment ◽  
Legal Rights ◽  
Doing Business ◽  
The World Bank ◽  
Start Up ◽  
The World ◽  
Domestic Credit ◽  
Ease Of Doing Business ◽  
Time Required

The objective of this study is to investigate the relationship between ease of doing business score (EDBS) and cost of business start-up procedures (CBS), age dependency ratio (ADR), strength of legal rights index (SLRI), time required to get electricity (TRGE), domestic credit to private sector (DCPS), and start-up procedures to register a business (SPRB). Since 2004, the World Bank evaluates 190 economies based on business regulatory indicators ignoring other factors that may be related to business environment. This paper investigates new factors related to EDBS ignored by the World Bank since 2004. The results of correlation analysis show a negative and significant correlation between EDB and CBS, ADR, TRGE, and SPRB. Nevertheless, a positive and significant correlation was found between EDB and SLRI and DCPS. The linear regression model finds that SLRI and DGPS affected EDB positively and significantly. However, TRGE and SPRB affected negatively to EDB. Asian policymakers should reinforce SLRI and increase DCPS. However, they should also reduce TRGE and SPRB to improve EDB. Further research should be conducted on other regions and test also other factors.

scholarly journals Societal Integration in Countries Ranking Similarly in Ease of Doing Business Index

2020 ◽  
Vol 8 (5) ◽  
pp. 1266-1271
Keyword(s):  
Environmental Factors ◽  
World Bank ◽  
Power Distance ◽  
Cultural Dimension ◽  
Social Dimensions ◽  
Doing Business ◽  
The World ◽  
Ease Of Doing Business ◽  
Per Capita ◽  
Ranking Countries

Countries across the world differ in terms of macro-environmental factors. These differences reflect in their performance as well as growth and development. Most efficient countries have some common characteristics that make them distinct as compared to less efficient countries. Every year World Bank ranks countries on Ease of doing business Index. The present paper is an attempt to see if like other macro environmental factors (per capita income corruption etc.), there is any pattern in culture/social dimensions as well in two different groups of countries, i.e. countries which are ranked high and those which are ranked low on Ease of Doing Business Index. The data is taken from World Bank’s website. Top and bottom ranking countries were analyzed as two separate groups on two different parameters from Hofstede’s cultural dimension framework, viz., Individualistic vs. Collectivist and Power Distance.

scholarly journals Evaluating Starting a Business Indicators Innovation in the World

2021 ◽  
Author(s):  
Antoine Niyungeko
Keyword(s):  
World Bank ◽  
Rank Test ◽  
Doing Business ◽  
The World Bank ◽  
The World ◽  
Wilcoxon Sign Rank ◽  
Ease Of Doing Business ◽  
Sign Rank Test ◽  
Business Cost ◽  
Starting A Business

Since 2003, the World Bank has produced an annual report ranking economies based on ease of doing business score. However, little is known whether the improvements made by evaluated economies on starting business indicators are statistically significant as claimed by the World Bank. This study aims to evaluate the extent to which starting business indicators were improved in 145 economies evaluated. Indicators assessed are score-starting a business (SBS), starting a business - procedures -men (SBPM), Starting a business –time-men (SBTM), Starting a Business - Cost - Men (SBCM), starting a business - procedures - women (SBPW), starting a business - Time - Women (SBTW), Starting a Business - Cost - Women (SBCW), and Starting a Business - Paid-in Minimum capital (SBPMC). This study used secondary quantitative data retrieved from the database of the World Bank for the 2004 and 2020 periods. The sample size was made by 145 economies. Wilcoxon-sign-rank-test-paired-sample was computed using R programming environment. The results of the Wilcoxon-sign-rank-test-paired-sample indicated that the mean differences are statistically different from zero for all indicators except evaluated. This means economies evaluated improved those indicators for 2020 compared to 2004. The study’s findings provide clear insight to policymakers regarding innovations made on the efforts of ease of doing business improvement. Better use of the findings of this study would lead to reducing corruption and increasing formal business, increasing the number of newly registered businesses, generating an increase in business opportunities of starting a new business, and increasing the productivity of companies. This study evaluated whether business regulatory implemented regarding starting a business was statically significant. Future research should be conducted to test empirically the significance of implemented procedures related to other indicators evaluated in doing business reports. This research is novel by testing empirically innovations made in 145 world economies on starting business requirements.

Ease of Doing Business and Wealth Creation

2018 ◽  
pp. 29-50
Author(s):  
Jorge Mongay
Keyword(s):  
World Bank ◽  
Economic Performance ◽  
Poverty Reduction ◽  
Wealth Creation ◽  
Doing Business ◽  
The World Bank ◽  
Geographical Regions ◽  
The World ◽  
Country Factors ◽  
Ease Of Doing Business

This chapter is written as a conceptual document, trying to explain how the Ease of Doing Business (EDB) and the regulatory framework developed by governments can help to decrease poverty or to increase wealth in a given country. It explains the 10 most important variables analyzed by the World Bank in its EDB research project. This chapter also cites and provides comments on the journal papers that support the research methodology used by the World Bank. It also provides the reader with a conceptual literature review on EDB, it analyzes separated data by geographical regions and suggests conceptually country factors which could influence on the Ease of Doing Business in the future, being this factor of capital importance for governments interested in wealth creation and economic growth. The main goal of the chapter is to help the reader to identify the most crucial issues when evaluating EDB and its impact on economic performance and consequently on poverty reduction.

Administrative Responsiveness in Ease of Doing Business

2020 ◽  
Vol 66 (3) ◽  
pp. 283-296
Author(s):  
Sachin Chowdhry
Keyword(s):  
Service Delivery ◽  
World Bank ◽  
Integrated Approach ◽  
The Political ◽  
Significant Progress ◽  
Reform Initiatives ◽  
Doing Business ◽  
The World Bank ◽  
The World ◽  
Ease Of Doing Business

Ease of doing business is an integrated approach to improve delivery of various services for running an enterprise through regulatory reforms. Several parameters have been identified by the World Bank, which ranks 190 countries, including India, based on the reform initiatives undertaken by them. India has made significant progress in the rankings. However, there are still areas where there is huge scope for improvement. Despite the political push, it is the responsiveness of the administrative system that holds the key. Indian bureaucracy is often blamed for its ‘personnel, paperwork, and process’ orientation. This article is an attempt to analyse the response of the bureaucracy in four select parameters: (a) starting a business, (b) getting electricity, (c) registering property and (d) getting credit. The rationale behind their selection is that, though all businesses have to negotiate the processes, these four have direct interface with the service delivery agencies, and there is greater measurability of their responsiveness in general.

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