Doing Business Economy Profile 2017 : Papua New Guinea
This economy profile presents the Doing Business indicators for Papua New Guinea. To allow useful comparison, it also provides data for other selected economies (comparator economies) for each indicator. Doing Business 2017 is the 14th in a series...
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Format: | Report |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2016
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Online Access: | http://documents.worldbank.org/curated/en/765481478606810298/Doing-business-2017-equal-opportunity-for-all-Papua-New-Guinea http://hdl.handle.net/10986/25597 |
Summary: | This economy profile presents the Doing
Business indicators for Papua New Guinea. To allow useful
comparison, it also provides data for other selected
economies (comparator economies) for each indicator. Doing
Business 2017 is the 14th in a series of annual reports
investigating the regulations that enhance business activity
and those that constrain it. Economies are ranked on their
ease of doing business; for 2016 Papua New Guinea ranks 119.
Doing Business sheds light on how easy or difficult it is
for a local entrepreneur to open and run a small to
medium-size business when complying with relevant
regulations. It measures and tracks changes in regulations
affecting 11 areas in the life cycle of a business: starting
a business, dealing with construction permits, getting
electricity, registering property, getting credit,
protecting minority investors, paying taxes, trading across
borders, enforcing contracts, resolving insolvency and labor
market regulation. Doing Business 2017 presents the data for
the labor market regulation indicators in an annex. The
report does not present rankings of economies on labor
market regulation indicators or include the topic in the
aggregate distance to frontier score or ranking on the ease
of doing business. The indicators are used to analyze
economic outcomes and identify what reforms have worked,
where and why. The data in this report are current as of
June 1, 2016 (except for the paying taxes indicators, which
cover the period January–December 2015). |
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