Doing Business in Central America and the Dominican Republic 2015 : Overview

The strengthening of sustained and inclusive economic growth providing opportunities for all and reducing inequality is a key to achieving shared prosperity in Central America and the Dominican Republic. However, the countries in this region except...

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Main Author: World Bank Group
Format: Report
Language:English
en_US
Published: Washington, DC 2015
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2015/01/24192618/doing-business-central-america-dominican-republic-2015-overview
http://hdl.handle.net/10986/21797
id okr-10986-21797
recordtype oai_dc
spelling okr-10986-217972021-04-23T14:04:04Z Doing Business in Central America and the Dominican Republic 2015 : Overview World Bank Group ACCOUNT ACCOUNTANTS ACCOUNTING ACTION PLAN ADMINISTRATIVE COST ADMINISTRATIVE PROCEDURES AVERAGE COSTS BEST PRACTICES BUSINESS ENVIRONMENT BUSINESS REGULATION BUSINESS REGULATIONS CALL CENTERS CERTIFICATE CERTIFICATES CHAMBER OF COMMERCE CHAMBERS OF COMMERCE COMPETITIVENESS COMPETITIVENESS AGENDA CONTROL SYSTEMS CUSTOMS CUSTOMS CLEARANCE DIGITAL INFORMATION DIGITALIZATION DRINKING WATER ECONOMIC ACTIVITIES ECONOMIC CONSEQUENCES ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENVIRONMENTAL ENVIRONMENTAL RISK EXCHANGE OF GOOD EXPORT MARKET FOREIGN TRADE GOOD PRACTICE GOOD PRACTICES HUMAN CAPITAL INFORMATION SYSTEMS INSPECTION INSPECTIONS INTERNATIONAL TRADE LICENSE LICENSES NETWORKS ONE-STOP SHOP ONE-STOP SHOPS ONESTOP SHOP ONESTOP SHOPS PRIVATE SECTOR PRODUCTIVITY PROPERTY RIGHTS PUBLIC UTILITY QUOTAS REGISTRATION APPLICATION REGISTRATION APPLICATIONS REGISTRIES REGISTRY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK RESULTS SALES SALES TRANSACTIONS TAX IDENTIFICATION NUMBER TRADE FACILITATION USERS USES WORLD TRADE The strengthening of sustained and inclusive economic growth providing opportunities for all and reducing inequality is a key to achieving shared prosperity in Central America and the Dominican Republic. However, the countries in this region except for Panama and Costa Rica have not yet attained growth driven by high productivity. Foreign trade grew less in Central America than in other regions. Other studies reveal that the areas having the greatest impact on trade costs and volumes are information availability, process improvement through the use of online tools, and document simplification and streamlining. The strengthening of the business environment is a key action within these countries' competitiveness and productivity agenda. If laws and regulations are clear, accessible, and transparent, while at the same time they are enforceable before a court of justice if necessary, entrepreneurs will have more time to devote to productive activities and will feel more confident to run the risk of doing business with people they don't know, which may contribute to the expansion of their client and supplier network, thereby making their business grow. Doing business in Central America and the Dominican Republic 2015 for the first time includes a gender perspective based on the study of the laws and regulations that impose differential treatment for women. 2015-04-27T22:03:55Z 2015-04-27T22:03:55Z 2015 Report http://documents.worldbank.org/curated/en/2015/01/24192618/doing-business-central-america-dominican-republic-2015-overview http://hdl.handle.net/10986/21797 English en_US Doing Business 2015; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Publications & Research Publications & Research :: Working Paper Latin America & Caribbean Central America Dominican Republic
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNT
ACCOUNTANTS
ACCOUNTING
ACTION PLAN
ADMINISTRATIVE COST
ADMINISTRATIVE PROCEDURES
AVERAGE COSTS
BEST PRACTICES
BUSINESS ENVIRONMENT
BUSINESS REGULATION
BUSINESS REGULATIONS
CALL CENTERS
CERTIFICATE
CERTIFICATES
CHAMBER OF COMMERCE
CHAMBERS OF COMMERCE
COMPETITIVENESS
COMPETITIVENESS AGENDA
CONTROL SYSTEMS
CUSTOMS
CUSTOMS CLEARANCE
DIGITAL INFORMATION
DIGITALIZATION
DRINKING WATER
ECONOMIC ACTIVITIES
ECONOMIC CONSEQUENCES
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ENVIRONMENTAL
ENVIRONMENTAL RISK
EXCHANGE OF GOOD
EXPORT MARKET
FOREIGN TRADE
GOOD PRACTICE
GOOD PRACTICES
HUMAN CAPITAL
INFORMATION SYSTEMS
INSPECTION
INSPECTIONS
INTERNATIONAL TRADE
LICENSE
LICENSES
NETWORKS
ONE-STOP SHOP
ONE-STOP SHOPS
ONESTOP SHOP
ONESTOP SHOPS
PRIVATE SECTOR
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC UTILITY
QUOTAS
REGISTRATION APPLICATION
REGISTRATION APPLICATIONS
REGISTRIES
REGISTRY
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
RESULTS
SALES
SALES TRANSACTIONS
TAX IDENTIFICATION NUMBER
TRADE FACILITATION
USERS
USES
WORLD TRADE
spellingShingle ACCOUNT
ACCOUNTANTS
ACCOUNTING
ACTION PLAN
ADMINISTRATIVE COST
ADMINISTRATIVE PROCEDURES
AVERAGE COSTS
BEST PRACTICES
BUSINESS ENVIRONMENT
BUSINESS REGULATION
BUSINESS REGULATIONS
CALL CENTERS
CERTIFICATE
CERTIFICATES
CHAMBER OF COMMERCE
CHAMBERS OF COMMERCE
COMPETITIVENESS
COMPETITIVENESS AGENDA
CONTROL SYSTEMS
CUSTOMS
CUSTOMS CLEARANCE
DIGITAL INFORMATION
DIGITALIZATION
DRINKING WATER
ECONOMIC ACTIVITIES
ECONOMIC CONSEQUENCES
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ENVIRONMENTAL
ENVIRONMENTAL RISK
EXCHANGE OF GOOD
EXPORT MARKET
FOREIGN TRADE
GOOD PRACTICE
GOOD PRACTICES
HUMAN CAPITAL
INFORMATION SYSTEMS
INSPECTION
INSPECTIONS
INTERNATIONAL TRADE
LICENSE
LICENSES
NETWORKS
ONE-STOP SHOP
ONE-STOP SHOPS
ONESTOP SHOP
ONESTOP SHOPS
PRIVATE SECTOR
PRODUCTIVITY
PROPERTY RIGHTS
PUBLIC UTILITY
QUOTAS
REGISTRATION APPLICATION
REGISTRATION APPLICATIONS
REGISTRIES
REGISTRY
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
RESULTS
SALES
SALES TRANSACTIONS
TAX IDENTIFICATION NUMBER
TRADE FACILITATION
USERS
USES
WORLD TRADE
World Bank Group
Doing Business in Central America and the Dominican Republic 2015 : Overview
geographic_facet Latin America & Caribbean
Central America
Dominican Republic
relation Doing Business 2015;
description The strengthening of sustained and inclusive economic growth providing opportunities for all and reducing inequality is a key to achieving shared prosperity in Central America and the Dominican Republic. However, the countries in this region except for Panama and Costa Rica have not yet attained growth driven by high productivity. Foreign trade grew less in Central America than in other regions. Other studies reveal that the areas having the greatest impact on trade costs and volumes are information availability, process improvement through the use of online tools, and document simplification and streamlining. The strengthening of the business environment is a key action within these countries' competitiveness and productivity agenda. If laws and regulations are clear, accessible, and transparent, while at the same time they are enforceable before a court of justice if necessary, entrepreneurs will have more time to devote to productive activities and will feel more confident to run the risk of doing business with people they don't know, which may contribute to the expansion of their client and supplier network, thereby making their business grow. Doing business in Central America and the Dominican Republic 2015 for the first time includes a gender perspective based on the study of the laws and regulations that impose differential treatment for women.
format Report
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Doing Business in Central America and the Dominican Republic 2015 : Overview
title_short Doing Business in Central America and the Dominican Republic 2015 : Overview
title_full Doing Business in Central America and the Dominican Republic 2015 : Overview
title_fullStr Doing Business in Central America and the Dominican Republic 2015 : Overview
title_full_unstemmed Doing Business in Central America and the Dominican Republic 2015 : Overview
title_sort doing business in central america and the dominican republic 2015 : overview
publisher Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/01/24192618/doing-business-central-america-dominican-republic-2015-overview
http://hdl.handle.net/10986/21797
_version_ 1764449200866590720