World Bank guidelines on PCN processing

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.

Download Full-text

Challenges of the Crisis: How to Measure Sustainable Development?

Voprosy Ekonomiki ◽

10.32609/0042-8736-2015-1-147-160 ◽

2015 ◽

pp. 147-160 ◽

Cited By ~ 5

Author(s):

S. Bobylev ◽

N. Zubarevich ◽

S. Solovyeva

Keyword(s):

Sustainable Development ◽

World Bank ◽

Environmental Indicators ◽

Calculation Methods ◽

Basic Principles ◽

The Sustainable Development ◽

Development Index ◽

Development Indicators ◽

Sustainable Development Indicators ◽

Adjusted Net Savings

The article emphasizes the fact that traditional socio-economic indicators do not reflect the challenges of sustainable development adequately, and this is particularly true for the widely-used GDP indicator. In this connection the elaboration of sustainable development indicators is needed, taking into account economic, social and environmental factors. For Russia, adaptation and use of concepts and basic principles of calculation methods for adjusted net savings index (World Bank) and human development index (UNDP) as integral indicators can be promising. The authors have developed the sustainable development index for Russia, which aggregates and allows taking into account balanced economic, social and environmental indicators.

Download Full-text