Toward a More Competitive Business Environment

Toward a More Competitive Business Environment

Strengthening competition and streamlining key regulations for firms are key to increasing Mexico's competitiveness. Firm-level productivity and business entry for formal enterprises in Mexico are low relative to international peers. Factors t...

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Bibliographic Details
Main Author:	World Bank
Format:	Policy Note
Language:	English en_US
Published:	Washington, DC 2014
Subjects:	ACCESS RIGHTS AIR AIR TRANSPORT AIRPORT AIRPORT CONGESTION AIRPORT SLOTS AIRPORTS AUCTIONS AVERAGE PRICE BEST PRACTICES BIT STREAM BLOG BOTTLENECKS BROADBAND BROADBAND CONNECTIONS BUSINESS ACTIVITIES BUSINESS ACTIVITY BUSINESS CASES BUSINESS ENTRY BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGULATIONS BUSINESS RELATIONSHIPS BUSINESS RISKS BUSINESSES CAPABILITIES CENTRAL BANK CHAMBERS OF COMMERCE COMPETITION FRAMEWORK COMPETITION POLICIES COMPETITION POLICY COMPETITIVENESS COMPLIANCE COSTS CONFIDENTIALITY CONGESTION CONGESTION FEES CONNECTIVITY CONSUMER RIGHTS CONTESTABILITY CONTRACT ENFORCEMENT DEBT DISPUTE RESOLUTION DOMESTIC AIRLINES ECONOMIC PERFORMANCE ECONOMIC WELFARE ELECTRICITY ELECTRONIC NOTIFICATIONS ELECTRONIC REGISTRATION ELECTRONIC TOOLS ELECTRONIC TRANSACTIONS EMPIRICAL EVIDENCE EMPLOYMENT CREATION ENFORCEMENT OF CONTRACTS ENTERPRISE SURVEYS EXPENDITURE EXTERNALITIES FARES FINANCIAL SECTOR FINANCIAL SECTOR DEVELOPMENT FOREIGN DIRECT INVESTMENT FOREIGN OWNERSHIP FREIGHT FUEL FUELS GLOBAL COMPETITIVENESS GOVERNMENT INTERVENTIONS GOVERNMENT INVOLVEMENT GOVERNMENT REGULATIONS GOVERNMENT SERVICES ICT INCOME INFORMATION SHARING INFORMATION TECHNOLOGY INNOVATION INSOLVENCY PROCEEDINGS INTERNATIONAL BEST PRACTICE INVESTMENT CLIMATE JUDICIAL SYSTEM JURISDICTION LABOR MARKET LABOR MARKETS LEGAL FRAMEWORK LICENSE LICENSES MARKET ACCESS MARKET COMPETITION MARKET DOMINANCE MARKET EFFICIENCY MARKET POWER MARKET REGULATIONS MARKET SHARE MARKET STRUCTURES MOBILE SERVICES MOBILITY NEGATIVE EXTERNALITIES NETWORK INFRASTRUCTURE NETWORK SERVICES NETWORKS NEXT GENERATION OIL OUTPUT PASSENGERS PDF POLICY FRAMEWORK POWER PARITY PRICE COMPETITION PRODUCERS PRODUCTIVITY PROTOCOLS PUBLIC GOOD PURCHASING PURCHASING POWER QUALITY OF SERVICE RAILWAY RAILWAYS REFORM PROGRAM REGISTRIES REGULATOR REGULATORS REGULATORY FRAMEWORKS RESULTS RETAIL ROUTES SALES SEARCHES SECURITY INTERESTS SKILLED WORKERS SPEEDS SPREAD SUPPLIERS TARGETS TAX TECHNOLOGY TOOLS TELECOMMUNICATION TELECOMMUNICATIONS TELECOMMUNICATIONS COMPANIES TELECOMMUNICATIONS REGULATION TRANSACTION TRANSACTION COSTS TRANSMISSION TRANSPARENCY TRANSPORT SECTOR TRANSPORTATION
Online Access:	http://documents.worldbank.org/curated/en/2013/04/17570559/toward-more-competitive-business-environment http://hdl.handle.net/10986/16581

Description
Summary:	Strengthening competition and streamlining key regulations for firms are key to increasing Mexico's competitiveness. Firm-level productivity and business entry for formal enterprises in Mexico are low relative to international peers. Factors that hinder productivity include concentrated markets with dominant firms in strategic sectors and lack of effective pro-competition regulations, both of which increase the price of inputs and reduce the overall economy's competitiveness. Furthermore, cumbersome business regulations hinder connectivity to electricity, registration of new businesses, and enforcement of contracts and increase the cost of formally employing workers.