An Open Door for Firms
World Bank Group client governments as well as donors often ask about the effects of business entry reforms and the persistence of those effects. Four clear findings emerge from existing research. First, more firms enter the market when registratio...
| Main Authors: | , , |
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| Format: | Viewpoint |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2010/06/12840764/open-door-firms http://hdl.handle.net/10986/11086 |
| Summary: | World Bank Group client governments as
well as donors often ask about the effects of business entry
reforms and the persistence of those effects. Four clear
findings emerge from existing research. First, more firms
enter the market when registration procedures and costs are
cut. Second, a large percentage of new firms survive and
grow. Third, new firms increase competition, forcing
incumbents to become more efficient or to exit the market
and boosting overall productivity and investment. Finally,
entry reforms have greater impacts when coupled with other
investment climate reforms. |
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