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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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 |
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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 |
_version_ |
1764408927095619584 |