Doing Business in the East African Community 2013 : Smarter Regulation for Small and Medium-Size Enterprises
Doing Business in the East African Community (EAC) 2013 is the fourth in a series of regional reports drawing on the global Doing Business project and its database. In recent years the Doing Business project has helped put business regulatory refor...
| Main Authors: | , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC: World Bank Group
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/01/18143207/doing-business-east-african-community-2013-smarter-regulation-small-medium-size-enterprises-comparing-business-regulation-domestic-firms-east-african-community-185-economies http://hdl.handle.net/10986/16246 |
| Summary: | Doing Business in the East African
Community (EAC) 2013 is the fourth in a series of regional
reports drawing on the global Doing Business project and its
database. In recent years the Doing Business project has
helped put business regulatory reform on the agenda of many
countries-at all income levels. Over the past 8 years the 5
members of the EAC-Burundi, Kenya, Rwanda, Tanzania, and
Uganda-have continued to take steps to make it easier for
local firms to start up and operate. Continual improvement
of the business environment is important for countries
seeking to benefit from greater trade and investment through
regional integration. The common market protocol, which
entered into force in July 2010, is supposed to be fully
implemented by December 2015. By that time the EAC is
expected to have achieved the 'four freedoms'-free
movement of people, goods, services and capital within the
common market. Among the main tasks of the committees is to
set up and implement coherent, broad-based regional reform
programs to improve the investment climate of the region as
a whole and make it an attractive destination for external
investors. The Doing Business methodology is also responsive
to the needs of policy makers. Rules and regulations are
under the direct control of policy makers-and policy makers
intending to change the experience and behavior of
businesses will often start by changing rules and
regulations that affect them. Doing Business captures
several important dimensions of the regulatory environment
as they apply to local firms. It provides quantitative
measures of regulations for starting a business, dealing
with construction permits, getting electricity, registering
property, getting credit, protecting investors, paying
taxes, trading across borders, enforcing contracts and
resolving insolvency. The Doing Business data are based on
domestic laws and regulations as well as administrative
requirements. The data cover 185 economies-including small
economies and some of the poorest economies, for which
little or no data are available in other data sets. |
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