"Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects

International Finance Corporation (IFC) Private Enterprise Partnership (PEP) has developed the following methodology to measure and attribute the economic impact of its national-level business enabling environment (BEE) regulatory simplification pr...

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Main Authors:	Liepina, Sanda, Dall'Olio, Andrea, Sethi, Sanwaree
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCOUNT ACCOUNTING ADMINISTRATIVE BURDEN ADMINISTRATIVE COSTS ADMINISTRATIVE FEES AGGREGATE COST AGGREGATE COSTS AVAILABILITY OF DATA BARRIERS TO ENTRY BUSINESS ENVIRONMENT BUSINESS REGISTRATION BUSINESS SURVEYS BUSINESSES CALCULATION CALCULATIONS COST EFFECTIVENESS COST SAVINGS DIRECT COST DIRECT COSTS ECONOMIC ACTIVITY ECONOMIC COST ENABLING ENVIRONMENT ENTERPRISE SURVEYS FULL-TIME EMPLOYEE GOVERNMENT EMPLOYEES IMPACT ASSESSMENT INDIRECT COSTS INSPECTION INSPECTIONS LICENSE LICENSES LIFE SPAN PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT REPORTING REPORTING PROCEDURES RESULT RESULTS SALARY SALES SAVINGS SENIOR SMALL BUSINESS SMALL BUSINESS ADMINISTRATION STAKEHOLDERS STANDARDIZATION TAX RATE TOTAL COST TOTAL COSTS TYPES OF COSTS USERS USES VERIFICATION
Online Access:	http://documents.worldbank.org/curated/en/2007/06/9891336/show-money-quantifying-impact-regulatory-simplification-projects http://hdl.handle.net/10986/10654

id	okr-10986-10654
recordtype	oai_dc
spelling	okr-10986-106542021-04-23T14:02:51Z "Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects Liepina, Sanda Dall'Olio, Andrea Sethi, Sanwaree ACCOUNT ACCOUNTING ADMINISTRATIVE BURDEN ADMINISTRATIVE COSTS ADMINISTRATIVE FEES AGGREGATE COST AGGREGATE COSTS AVAILABILITY OF DATA BARRIERS TO ENTRY BUSINESS ENVIRONMENT BUSINESS REGISTRATION BUSINESS SURVEYS BUSINESSES CALCULATION CALCULATIONS COST EFFECTIVENESS COST SAVINGS DIRECT COST DIRECT COSTS ECONOMIC ACTIVITY ECONOMIC COST ENABLING ENVIRONMENT ENTERPRISE SURVEYS FULL-TIME EMPLOYEE GOVERNMENT EMPLOYEES IMPACT ASSESSMENT INDIRECT COSTS INSPECTION INSPECTIONS LICENSE LICENSES LIFE SPAN PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT REPORTING REPORTING PROCEDURES RESULT RESULTS SALARY SALES SAVINGS SENIOR SMALL BUSINESS SMALL BUSINESS ADMINISTRATION STAKEHOLDERS STANDARDIZATION TAX RATE TOTAL COST TOTAL COSTS TYPES OF COSTS USERS USES VERIFICATION International Finance Corporation (IFC) Private Enterprise Partnership (PEP) has developed the following methodology to measure and attribute the economic impact of its national-level business enabling environment (BEE) regulatory simplification projects in Eastern Europe and Central Asia. By comparing specific aspects of the business environment before and after IFC-supported reforms are enacted by the government, it is possible to quantify the benefits accruing to the target population, i.e., the aggregate cost savings to businesses. This effort to quantify the benefits of regulatory improvements has been welcomed by both government counterparts and IFC PEP's donor partners. Using this methodology, IFC PEP has estimated an aggregate cost savings of US$84 million for businesses in its focus countries. The developed methodology is relevant throughout the project life-cycle and can be a useful tool for engaging and motivating key stakeholders to reform. 2012-08-13T12:37:03Z 2012-08-13T12:37:03Z 2007-06 http://documents.worldbank.org/curated/en/2007/06/9891336/show-money-quantifying-impact-regulatory-simplification-projects http://hdl.handle.net/10986/10654 English IFC Smart Lessons Brief CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Europe and Central Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCOUNT ACCOUNTING ADMINISTRATIVE BURDEN ADMINISTRATIVE COSTS ADMINISTRATIVE FEES AGGREGATE COST AGGREGATE COSTS AVAILABILITY OF DATA BARRIERS TO ENTRY BUSINESS ENVIRONMENT BUSINESS REGISTRATION BUSINESS SURVEYS BUSINESSES CALCULATION CALCULATIONS COST EFFECTIVENESS COST SAVINGS DIRECT COST DIRECT COSTS ECONOMIC ACTIVITY ECONOMIC COST ENABLING ENVIRONMENT ENTERPRISE SURVEYS FULL-TIME EMPLOYEE GOVERNMENT EMPLOYEES IMPACT ASSESSMENT INDIRECT COSTS INSPECTION INSPECTIONS LICENSE LICENSES LIFE SPAN PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT REPORTING REPORTING PROCEDURES RESULT RESULTS SALARY SALES SAVINGS SENIOR SMALL BUSINESS SMALL BUSINESS ADMINISTRATION STAKEHOLDERS STANDARDIZATION TAX RATE TOTAL COST TOTAL COSTS TYPES OF COSTS USERS USES VERIFICATION
spellingShingle	ACCOUNT ACCOUNTING ADMINISTRATIVE BURDEN ADMINISTRATIVE COSTS ADMINISTRATIVE FEES AGGREGATE COST AGGREGATE COSTS AVAILABILITY OF DATA BARRIERS TO ENTRY BUSINESS ENVIRONMENT BUSINESS REGISTRATION BUSINESS SURVEYS BUSINESSES CALCULATION CALCULATIONS COST EFFECTIVENESS COST SAVINGS DIRECT COST DIRECT COSTS ECONOMIC ACTIVITY ECONOMIC COST ENABLING ENVIRONMENT ENTERPRISE SURVEYS FULL-TIME EMPLOYEE GOVERNMENT EMPLOYEES IMPACT ASSESSMENT INDIRECT COSTS INSPECTION INSPECTIONS LICENSE LICENSES LIFE SPAN PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT REPORTING REPORTING PROCEDURES RESULT RESULTS SALARY SALES SAVINGS SENIOR SMALL BUSINESS SMALL BUSINESS ADMINISTRATION STAKEHOLDERS STANDARDIZATION TAX RATE TOTAL COST TOTAL COSTS TYPES OF COSTS USERS USES VERIFICATION Liepina, Sanda Dall'Olio, Andrea Sethi, Sanwaree "Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects
geographic_facet	Europe and Central Asia
relation	IFC Smart Lessons Brief
description	International Finance Corporation (IFC) Private Enterprise Partnership (PEP) has developed the following methodology to measure and attribute the economic impact of its national-level business enabling environment (BEE) regulatory simplification projects in Eastern Europe and Central Asia. By comparing specific aspects of the business environment before and after IFC-supported reforms are enacted by the government, it is possible to quantify the benefits accruing to the target population, i.e., the aggregate cost savings to businesses. This effort to quantify the benefits of regulatory improvements has been welcomed by both government counterparts and IFC PEP's donor partners. Using this methodology, IFC PEP has estimated an aggregate cost savings of US$84 million for businesses in its focus countries. The developed methodology is relevant throughout the project life-cycle and can be a useful tool for engaging and motivating key stakeholders to reform.
format	Publications & Research :: Brief
author	Liepina, Sanda Dall'Olio, Andrea Sethi, Sanwaree
author_facet	Liepina, Sanda Dall'Olio, Andrea Sethi, Sanwaree
author_sort	Liepina, Sanda
title	"Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects
title_short	"Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects
title_full	"Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects
title_fullStr	"Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects
title_full_unstemmed	"Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects
title_sort	"show me the money!" quantifying the impact of regulatory simplification projects
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2007/06/9891336/show-money-quantifying-impact-regulatory-simplification-projects http://hdl.handle.net/10986/10654
_version_	1764413889288601600

"Show Me the Money!" Quantifying the Impact of Regulatory Simplification Projects

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