Cutting Red Tape in Lima : How Municipal Simplification Improves Investment Climate
Regulatory simplification has become a part of many countries' efforts to improve the investment climate and the overall economy. Reducing red tape can lift constraints on private sector development and foster economic growth. In Latin America...
Main Authors: | , , , , |
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Format: | Brief |
Language: | English |
Published: |
World Bank, Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2007/01/7495342/cutting-red-tape-lima-municipal-simplification-improves-investment-climate http://hdl.handle.net/10986/10302 |
Summary: | Regulatory simplification has become a
part of many countries' efforts to improve the
investment climate and the overall economy. Reducing red
tape can lift constraints on private sector development and
foster economic growth. In Latin America, where
decentralization has advanced considerably in recent years,
there is emerging consensus as to the need to focus reforms
at the municipal level, where barriers tend to be especially
high. The experience of Lima, Peru shows how streamlining
municipal business registration and licensing procedures can
lead to positive economic outcomes. |
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