The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa

Comparison of the measures adopted to improve the environment for private sector development in Central Europe and Sub-Saharan Africa indicates that these measures can make a real difference to economic performance. Policies should be implemented in consultation with the private sector and should be...

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Bibliographic Details
Main Authors: Bannock, Graham, Gamser, Matthew, Juhlin, Mariell
Language:English
Published: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/9222
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recordtype oai_dc
spelling okr-10986-92222021-04-23T14:02:44Z The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa Bannock, Graham Gamser, Matthew Juhlin, Mariell World Development Report 2005 Comparison of the measures adopted to improve the environment for private sector development in Central Europe and Sub-Saharan Africa indicates that these measures can make a real difference to economic performance. Policies should be implemented in consultation with the private sector and should be concerned with removing obstacles so that the private sector can help itself rather than with providing financial or business support. Measures taken should include the reduction of barriers to formal sector activity by establishing clear property rights and minimizing the regulatory costs of doing business. Such measures will reduce the size of the informal sector while promoting growth. A strong lead Ministry with a clearly defined role for promoting private sector development is needed. 2012-06-26T15:41:58Z 2012-06-26T15:41:58Z 2003 http://hdl.handle.net/10986/9222 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Africa Europe and Central Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic World Development Report 2005
spellingShingle World Development Report 2005
Bannock, Graham
Gamser, Matthew
Juhlin, Mariell
The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa
geographic_facet Africa
Europe and Central Asia
description Comparison of the measures adopted to improve the environment for private sector development in Central Europe and Sub-Saharan Africa indicates that these measures can make a real difference to economic performance. Policies should be implemented in consultation with the private sector and should be concerned with removing obstacles so that the private sector can help itself rather than with providing financial or business support. Measures taken should include the reduction of barriers to formal sector activity by establishing clear property rights and minimizing the regulatory costs of doing business. Such measures will reduce the size of the informal sector while promoting growth. A strong lead Ministry with a clearly defined role for promoting private sector development is needed.
author Bannock, Graham
Gamser, Matthew
Juhlin, Mariell
author_facet Bannock, Graham
Gamser, Matthew
Juhlin, Mariell
author_sort Bannock, Graham
title The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa
title_short The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa
title_full The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa
title_fullStr The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa
title_full_unstemmed The Importance of the Enabling Environment for Business and Economic Growth : A 10 Country Comparison of Central Europe and Africa
title_sort importance of the enabling environment for business and economic growth : a 10 country comparison of central europe and africa
publisher World Bank
publishDate 2012
url http://hdl.handle.net/10986/9222
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