Timor-Leste : The Business Regulatory Environment
Timor-Leste started as an independent country facing some very difficult challenges. The country was extremely short of skilled human resources and remains so. It faced the challenge of moving from the inherited Indonesian legal system to a new leg...
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| Format: | Policy Note |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2006/06/7202296/timor-leste-business-regulatory-environment http://hdl.handle.net/10986/19256 |
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okr-10986-192562021-04-23T14:03:46Z Timor-Leste : The Business Regulatory Environment World Bank ACCOUNT ACCOUNTANTS ACCOUNTING ACCOUNTS ADMINISTRATIVE BURDEN ADMINISTRATIVE PROCEDURES ALTERNATIVE DISPUTE RESOLUTION AUDITING AUDITING STANDARDS AUDITORS AUTHORITY BANKRUPTCY BUSINESS ASSOCIATIONS BUSINESS COMMUNITY BUSINESS INDICATORS BUSINESS REGULATION CIVIL LAW CIVIL SOCIETY COMMON LAW COMPETITION POLICY COMPETITIVE ACTIVITY COMPLAINTS CONSULTATION CONSULTATION PROCESS CORRUPTION DEBT COLLECTION DECISION MAKERS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENVIRONMENTAL IMPACT GOVERNMENT DEPARTMENTS GOVERNMENT POLICIES GOVERNMENT REFORM HUMAN RIGHTS IMPACT ASSESSMENT INSURANCE INTELLECTUAL PROPERTY LAW ENFORCEMENT LAWS LAWYERS LEGAL FRAMEWORK LEGAL SYSTEM LEGISLATION LEGISLATIVE AUTHORITY MEDIATION MINISTER MINISTERS NOTARIES PROFESSIONAL BODIES PROPERTY RIGHTS PUBLIC WORKS QUALITY CONTROL REGULATORY DEVELOPMENT REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY INSTRUMENTS SALES SETS OF REGULATIONS Timor-Leste started as an independent country facing some very difficult challenges. The country was extremely short of skilled human resources and remains so. It faced the challenge of moving from the inherited Indonesian legal system to a new legal system based on the lusophone tradition. Added to this was the adoption of Portuguese as a new official language. Good work has been done by the Government and the Parliament in addressing the constraints and creating the building blocks of the legal and regulatory framework needed for competitive and equitable private sector development. In setting its development agenda for the business regulatory environment we recommend that the Government take account of the realities in Timor-Leste by adopting several key guiding principles: accept that everything cannot be done at once. ; accept the reality that institutions cannot be built overnight; adopt pragmatic solutions which take this fact into account and minimize the administrative burden; in building institutions, focus on those that are identified as bottlenecks and impediments to private sector investment and growth; enlist the support and resources available in the private sector, not only in diagnosing problems but also in devising and implementing pragmatic solutions; and make maximum use of the support available from the donors and other external sources to support this agenda. 2014-08-01T22:06:14Z 2014-08-01T22:06:14Z 2006-06 http://documents.worldbank.org/curated/en/2006/06/7202296/timor-leste-business-regulatory-environment http://hdl.handle.net/10986/19256 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work East Asia and Pacific Timor-Leste |
| 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 ACCOUNTS ADMINISTRATIVE BURDEN ADMINISTRATIVE PROCEDURES ALTERNATIVE DISPUTE RESOLUTION AUDITING AUDITING STANDARDS AUDITORS AUTHORITY BANKRUPTCY BUSINESS ASSOCIATIONS BUSINESS COMMUNITY BUSINESS INDICATORS BUSINESS REGULATION CIVIL LAW CIVIL SOCIETY COMMON LAW COMPETITION POLICY COMPETITIVE ACTIVITY COMPLAINTS CONSULTATION CONSULTATION PROCESS CORRUPTION DEBT COLLECTION DECISION MAKERS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENVIRONMENTAL IMPACT GOVERNMENT DEPARTMENTS GOVERNMENT POLICIES GOVERNMENT REFORM HUMAN RIGHTS IMPACT ASSESSMENT INSURANCE INTELLECTUAL PROPERTY LAW ENFORCEMENT LAWS LAWYERS LEGAL FRAMEWORK LEGAL SYSTEM LEGISLATION LEGISLATIVE AUTHORITY MEDIATION MINISTER MINISTERS NOTARIES PROFESSIONAL BODIES PROPERTY RIGHTS PUBLIC WORKS QUALITY CONTROL REGULATORY DEVELOPMENT REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY INSTRUMENTS SALES SETS OF REGULATIONS |
| spellingShingle |
ACCOUNT ACCOUNTANTS ACCOUNTING ACCOUNTS ADMINISTRATIVE BURDEN ADMINISTRATIVE PROCEDURES ALTERNATIVE DISPUTE RESOLUTION AUDITING AUDITING STANDARDS AUDITORS AUTHORITY BANKRUPTCY BUSINESS ASSOCIATIONS BUSINESS COMMUNITY BUSINESS INDICATORS BUSINESS REGULATION CIVIL LAW CIVIL SOCIETY COMMON LAW COMPETITION POLICY COMPETITIVE ACTIVITY COMPLAINTS CONSULTATION CONSULTATION PROCESS CORRUPTION DEBT COLLECTION DECISION MAKERS ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ENVIRONMENTAL IMPACT GOVERNMENT DEPARTMENTS GOVERNMENT POLICIES GOVERNMENT REFORM HUMAN RIGHTS IMPACT ASSESSMENT INSURANCE INTELLECTUAL PROPERTY LAW ENFORCEMENT LAWS LAWYERS LEGAL FRAMEWORK LEGAL SYSTEM LEGISLATION LEGISLATIVE AUTHORITY MEDIATION MINISTER MINISTERS NOTARIES PROFESSIONAL BODIES PROPERTY RIGHTS PUBLIC WORKS QUALITY CONTROL REGULATORY DEVELOPMENT REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY INSTRUMENTS SALES SETS OF REGULATIONS World Bank Timor-Leste : The Business Regulatory Environment |
| geographic_facet |
East Asia and Pacific Timor-Leste |
| description |
Timor-Leste started as an independent
country facing some very difficult challenges. The country
was extremely short of skilled human resources and remains
so. It faced the challenge of moving from the inherited
Indonesian legal system to a new legal system based on the
lusophone tradition. Added to this was the adoption of
Portuguese as a new official language. Good work has been
done by the Government and the Parliament in addressing the
constraints and creating the building blocks of the legal
and regulatory framework needed for competitive and
equitable private sector development. In setting its
development agenda for the business regulatory environment
we recommend that the Government take account of the
realities in Timor-Leste by adopting several key guiding
principles: accept that everything cannot be done at once. ;
accept the reality that institutions cannot be built
overnight; adopt pragmatic solutions which take this fact
into account and minimize the administrative burden; in
building institutions, focus on those that are identified as
bottlenecks and impediments to private sector investment and
growth; enlist the support and resources available in the
private sector, not only in diagnosing problems but also in
devising and implementing pragmatic solutions; and make
maximum use of the support available from the donors and
other external sources to support this agenda. |
| format |
Economic & Sector Work :: Policy Note |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Timor-Leste : The Business Regulatory Environment |
| title_short |
Timor-Leste : The Business Regulatory Environment |
| title_full |
Timor-Leste : The Business Regulatory Environment |
| title_fullStr |
Timor-Leste : The Business Regulatory Environment |
| title_full_unstemmed |
Timor-Leste : The Business Regulatory Environment |
| title_sort |
timor-leste : the business regulatory environment |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2006/06/7202296/timor-leste-business-regulatory-environment http://hdl.handle.net/10986/19256 |
| _version_ |
1764441284439703552 |