Enterprise Surveys : Trinidad and Tobago Country Profile 2010
The country profile for Trinidad and Tobago is based on data from the enterprise surveys conducted by the World Bank in 2010. The enterprise surveys focus on the many factors that shape the decisions of firms to invest. These factors can be accommo...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/ http://hdl.handle.net/10986/20947 |
| Summary: | The country profile for Trinidad and
Tobago is based on data from the enterprise surveys
conducted by the World Bank in 2010. The enterprise surveys
focus on the many factors that shape the decisions of firms
to invest. These factors can be accommodating or
constraining and play an important role in whether a country
will prosper or not. An accommodating business environment
is one that encourages firms to operate efficiently. Such
conditions strengthen incentives for firms to innovate and
to increase productivity, key factors for sustainable
development. A more productive private sector, in turn,
expands employment and contributes taxes necessary for
public investment in health, education, and other services.
In contrast, a poor business environment increases the
obstacles to conducting business activities and decreases a
countryapos;s prospects for reaching its potential in terms
of employment, production, and welfare. Enterprise surveys
are conducted by the World Bank and its partners across all
geographic regions and cover small, medium, and large
companies. The surveys are applied to a representative
sample of firms in the non-agricultural economy. The sample
is consistently defined in all countries and includes the
entire manufacturing sector, the services sector, and the
transportation and construction sectors. Public utilities,
government services, health care, and financial services
sectors are not included in the sample. Enterprise surveys
collect a wide array of qualitative and quantitative
information through face-to-face interviews with firm
managers and owners regarding the business environment in
their countries and the productivity of their firms. The
topics covered in enterprise surveys include the obstacles
to doing business, infrastructure, finance, labor,
corruption and regulation, law and order, innovation and
technology, trade, and firm productivity. |
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