Business Environment and Cost of Doing Business
The objective of the Pakistan Infrastructure Implementation Capacity Assessment (PIICA) study was to identify and ascertain the extent to which certain complex and dysfunctional business processes in fact contribute to the overall delays caused in...
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| Format: | Policy Note |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2007/11/9382808/business-environment-cost-doing-business http://hdl.handle.net/10986/19611 |
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okr-10986-19611 |
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oai_dc |
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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 ACCOUNTING DOCUMENTS ACCOUNTING METHODS ACCOUNTING PRACTICES ACCOUNTING RECORDS ACCOUNTING SYSTEMS ACCOUNTS ACQUISITION ACQUISITIONS ARBITRATION AUDITING AUDITING STANDARDS AUDITORS AUDITS BALANCE SHEET BENEFICIARIES BEST PRACTICES BID BID DOCUMENTS BIDS BILLS BOND BONDS BUSINESS ADMINISTRATION BUSINESS ENTITIES BUSINESS ENTITY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS GROWTH BUSINESS NEEDS BUSINESS PROCESSES BUSINESS REGISTRATION BUSINESS REGISTRATIONS CAPABILITIES CAPACITY BUILDING CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH INFLOWS CASH OUTFLOWS CERTIFICATE COLLATERAL COMMUNICATIONS TECHNOLOGY COMPETITIVE BIDDING COMPETITIVENESS CONTRACTORS COST OVERRUNS CREDIBILITY CURRENCY CURRENT LAWS CUSTOMS DEVELOPMENT BANK DEVELOPMENT FINANCE DOCUMENT MANAGEMENT DOMAIN ELECTRICITY ENTRY BARRIERS EQUIPMENT EXCHANGE COMMISSION EXPENDITURE EXPENDITURES EXPORTERS FINANCES GLOBAL ECONOMY GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REGULATIONS GRAPHICAL REPRESENTATION HOLDING HUMAN RESOURCE HUMAN RESOURCES ICAP ICT IMPLEMENTING AGENCIES INCOME TAX INSPECTION INSTITUTION INSTITUTIONAL CAPACITIES INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRIES INTERFACE INTERFACES INTERNAL AUDIT INTERNAL BUSINESS INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL STANDARDS ISLAMIC BANK JOINT VENTURES LEGAL ISSUES LETTER OF CREDIT LEVIES LICENSE LICENSES LIFE INSURANCE LIMITED LIABILITY LOCAL GOVERNMENT MANAGEMENT SOFTWARE MANAGEMENT SYSTEMS MARKETING OPERATING ENVIRONMENT OPPORTUNITY COST OPPORTUNITY COSTS ORGANIZATIONAL SYSTEMS ORIGINAL CONTRACT OVERHEAD OVERHEAD COST PAYROLL PAYROLL RECORDS PC PENSIONS PERFORMANCE BOND PILOT PROJECT PORTFOLIO PRIVATE SECTORS PROCUREMENT PROCUREMENT PROCESSES PROCUREMENTS PROJECT MANAGEMENT PRUDENTIAL REGULATIONS PUBLIC DISCLOSURE QUALITY CONTROL QUALITY OF PRODUCTS QUALITY OF WORK QUALITY STANDARDS R&D REGISTRY REGISTRY SYSTEM REGULATORY AUTHORITY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY SYSTEM REPORTING REPORTING SYSTEMS RESULT RESULTS RETENTION RETENTIONS RETURNS SALES SECURITIES SETTLEMENT STANDARD CONTRACT STANDARD FORMAT STANDARD FORMATS STANDARDIZATION STATE BANK TAX TAX DEDUCTION TAX INCENTIVES TECHNICAL ASSISTANCE TECHNICAL SKILLS TELECOM TELECOMMUNICATION TELEPHONE TRAINING COURSES TRANSACTION TRANSACTION COSTS TURNOVER VERIFICATION VERIFICATIONS WORLD TRADE |
| spellingShingle |
ACCOUNT ACCOUNTANTS ACCOUNTING ACCOUNTING DOCUMENTS ACCOUNTING METHODS ACCOUNTING PRACTICES ACCOUNTING RECORDS ACCOUNTING SYSTEMS ACCOUNTS ACQUISITION ACQUISITIONS ARBITRATION AUDITING AUDITING STANDARDS AUDITORS AUDITS BALANCE SHEET BENEFICIARIES BEST PRACTICES BID BID DOCUMENTS BIDS BILLS BOND BONDS BUSINESS ADMINISTRATION BUSINESS ENTITIES BUSINESS ENTITY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS GROWTH BUSINESS NEEDS BUSINESS PROCESSES BUSINESS REGISTRATION BUSINESS REGISTRATIONS CAPABILITIES CAPACITY BUILDING CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH INFLOWS CASH OUTFLOWS CERTIFICATE COLLATERAL COMMUNICATIONS TECHNOLOGY COMPETITIVE BIDDING COMPETITIVENESS CONTRACTORS COST OVERRUNS CREDIBILITY CURRENCY CURRENT LAWS CUSTOMS DEVELOPMENT BANK DEVELOPMENT FINANCE DOCUMENT MANAGEMENT DOMAIN ELECTRICITY ENTRY BARRIERS EQUIPMENT EXCHANGE COMMISSION EXPENDITURE EXPENDITURES EXPORTERS FINANCES GLOBAL ECONOMY GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REGULATIONS GRAPHICAL REPRESENTATION HOLDING HUMAN RESOURCE HUMAN RESOURCES ICAP ICT IMPLEMENTING AGENCIES INCOME TAX INSPECTION INSTITUTION INSTITUTIONAL CAPACITIES INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRIES INTERFACE INTERFACES INTERNAL AUDIT INTERNAL BUSINESS INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL STANDARDS ISLAMIC BANK JOINT VENTURES LEGAL ISSUES LETTER OF CREDIT LEVIES LICENSE LICENSES LIFE INSURANCE LIMITED LIABILITY LOCAL GOVERNMENT MANAGEMENT SOFTWARE MANAGEMENT SYSTEMS MARKETING OPERATING ENVIRONMENT OPPORTUNITY COST OPPORTUNITY COSTS ORGANIZATIONAL SYSTEMS ORIGINAL CONTRACT OVERHEAD OVERHEAD COST PAYROLL PAYROLL RECORDS PC PENSIONS PERFORMANCE BOND PILOT PROJECT PORTFOLIO PRIVATE SECTORS PROCUREMENT PROCUREMENT PROCESSES PROCUREMENTS PROJECT MANAGEMENT PRUDENTIAL REGULATIONS PUBLIC DISCLOSURE QUALITY CONTROL QUALITY OF PRODUCTS QUALITY OF WORK QUALITY STANDARDS R&D REGISTRY REGISTRY SYSTEM REGULATORY AUTHORITY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY SYSTEM REPORTING REPORTING SYSTEMS RESULT RESULTS RETENTION RETENTIONS RETURNS SALES SECURITIES SETTLEMENT STANDARD CONTRACT STANDARD FORMAT STANDARD FORMATS STANDARDIZATION STATE BANK TAX TAX DEDUCTION TAX INCENTIVES TECHNICAL ASSISTANCE TECHNICAL SKILLS TELECOM TELECOMMUNICATION TELEPHONE TRAINING COURSES TRANSACTION TRANSACTION COSTS TURNOVER VERIFICATION VERIFICATIONS WORLD TRADE Hussain, Abid Abrar Mir, Aized H. Durrani, Amer Z. Zaidi, Hasan A. Business Environment and Cost of Doing Business |
| geographic_facet |
South Asia Pakistan |
| description |
The objective of the Pakistan
Infrastructure Implementation Capacity Assessment (PIICA)
study was to identify and ascertain the extent to which
certain complex and dysfunctional business processes in fact
contribute to the overall delays caused in completion of
infrastructure projects. The primary focus was to understand
and document the business processes relating to the life
cycle of infrastructure projects, especially processes that
involve an interface with external agencies. The study was
further extended to assess the resultant impact of the
delays caused on overall capacity, efficiency, and costs of
the project. The study identifies areas that contain
business processes and which relative to other processes in
the life cycle of a project are disproportionate, or a cause
of significant time delays in completion of such projects.
Such disproportionate business processes that are
unpredictable and vary greatly from the planned time or
inputs are areas that can be the focus for selective and
further analysis, process re-engineering and
recommendations. Such areas can be targeted to improve the
overall business and regulatory environment applicable to
players and stakeholders relevant to infrastructure
projects. The study identifies that corruption in the
overall environment exists which over time has become
embedded and is accepted as necessary, if a project is to be
successfully won and then executed with minimum hindrances
from the government. These practices cannot be called
business processes but are an integral and unavoidable
reality of the current business environment. The PIICA study
highlights: (i) the business processes and relative time and
effort required at different steps during a project life
cycle, under normal or prevailing business environment in
the country; (ii) the business processes and relative time
and effort required at different steps during a project life
cycle, under normal or prevailing business environment in
the country; and (iii) the defined and undefined procedures
that exist, many of which are not stated in contract
documents, neither in project plans nor subjected to risk
analysis and risk mitigation at the outset. These appear to
render the best of project time lines and budgeted plans as
mere estimates. |
| format |
Economic & Sector Work :: Policy Note |
| author |
Hussain, Abid Abrar Mir, Aized H. Durrani, Amer Z. Zaidi, Hasan A. |
| author_facet |
Hussain, Abid Abrar Mir, Aized H. Durrani, Amer Z. Zaidi, Hasan A. |
| author_sort |
Hussain, Abid Abrar |
| title |
Business Environment and Cost of Doing Business |
| title_short |
Business Environment and Cost of Doing Business |
| title_full |
Business Environment and Cost of Doing Business |
| title_fullStr |
Business Environment and Cost of Doing Business |
| title_full_unstemmed |
Business Environment and Cost of Doing Business |
| title_sort |
business environment and cost of doing business |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2007/11/9382808/business-environment-cost-doing-business http://hdl.handle.net/10986/19611 |
| _version_ |
1764441381874434048 |
| spelling |
okr-10986-196112021-04-23T14:03:46Z Business Environment and Cost of Doing Business Hussain, Abid Abrar Mir, Aized H. Durrani, Amer Z. Zaidi, Hasan A. ACCOUNT ACCOUNTANTS ACCOUNTING ACCOUNTING DOCUMENTS ACCOUNTING METHODS ACCOUNTING PRACTICES ACCOUNTING RECORDS ACCOUNTING SYSTEMS ACCOUNTS ACQUISITION ACQUISITIONS ARBITRATION AUDITING AUDITING STANDARDS AUDITORS AUDITS BALANCE SHEET BENEFICIARIES BEST PRACTICES BID BID DOCUMENTS BIDS BILLS BOND BONDS BUSINESS ADMINISTRATION BUSINESS ENTITIES BUSINESS ENTITY BUSINESS ENVIRONMENT BUSINESS ENVIRONMENTS BUSINESS GROWTH BUSINESS NEEDS BUSINESS PROCESSES BUSINESS REGISTRATION BUSINESS REGISTRATIONS CAPABILITIES CAPACITY BUILDING CASH BALANCE CASH BALANCES CASH FLOW CASH FLOWS CASH INFLOWS CASH OUTFLOWS CERTIFICATE COLLATERAL COMMUNICATIONS TECHNOLOGY COMPETITIVE BIDDING COMPETITIVENESS CONTRACTORS COST OVERRUNS CREDIBILITY CURRENCY CURRENT LAWS CUSTOMS DEVELOPMENT BANK DEVELOPMENT FINANCE DOCUMENT MANAGEMENT DOMAIN ELECTRICITY ENTRY BARRIERS EQUIPMENT EXCHANGE COMMISSION EXPENDITURE EXPENDITURES EXPORTERS FINANCES GLOBAL ECONOMY GOVERNMENT POLICIES GOVERNMENT POLICY GOVERNMENT REGULATIONS GRAPHICAL REPRESENTATION HOLDING HUMAN RESOURCE HUMAN RESOURCES ICAP ICT IMPLEMENTING AGENCIES INCOME TAX INSPECTION INSTITUTION INSTITUTIONAL CAPACITIES INSTITUTIONAL CAPACITY INSTRUMENT INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRIES INTERFACE INTERFACES INTERNAL AUDIT INTERNAL BUSINESS INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL STANDARDS ISLAMIC BANK JOINT VENTURES LEGAL ISSUES LETTER OF CREDIT LEVIES LICENSE LICENSES LIFE INSURANCE LIMITED LIABILITY LOCAL GOVERNMENT MANAGEMENT SOFTWARE MANAGEMENT SYSTEMS MARKETING OPERATING ENVIRONMENT OPPORTUNITY COST OPPORTUNITY COSTS ORGANIZATIONAL SYSTEMS ORIGINAL CONTRACT OVERHEAD OVERHEAD COST PAYROLL PAYROLL RECORDS PC PENSIONS PERFORMANCE BOND PILOT PROJECT PORTFOLIO PRIVATE SECTORS PROCUREMENT PROCUREMENT PROCESSES PROCUREMENTS PROJECT MANAGEMENT PRUDENTIAL REGULATIONS PUBLIC DISCLOSURE QUALITY CONTROL QUALITY OF PRODUCTS QUALITY OF WORK QUALITY STANDARDS R&D REGISTRY REGISTRY SYSTEM REGULATORY AUTHORITY REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY SYSTEM REPORTING REPORTING SYSTEMS RESULT RESULTS RETENTION RETENTIONS RETURNS SALES SECURITIES SETTLEMENT STANDARD CONTRACT STANDARD FORMAT STANDARD FORMATS STANDARDIZATION STATE BANK TAX TAX DEDUCTION TAX INCENTIVES TECHNICAL ASSISTANCE TECHNICAL SKILLS TELECOM TELECOMMUNICATION TELEPHONE TRAINING COURSES TRANSACTION TRANSACTION COSTS TURNOVER VERIFICATION VERIFICATIONS WORLD TRADE The objective of the Pakistan Infrastructure Implementation Capacity Assessment (PIICA) study was to identify and ascertain the extent to which certain complex and dysfunctional business processes in fact contribute to the overall delays caused in completion of infrastructure projects. The primary focus was to understand and document the business processes relating to the life cycle of infrastructure projects, especially processes that involve an interface with external agencies. The study was further extended to assess the resultant impact of the delays caused on overall capacity, efficiency, and costs of the project. The study identifies areas that contain business processes and which relative to other processes in the life cycle of a project are disproportionate, or a cause of significant time delays in completion of such projects. Such disproportionate business processes that are unpredictable and vary greatly from the planned time or inputs are areas that can be the focus for selective and further analysis, process re-engineering and recommendations. Such areas can be targeted to improve the overall business and regulatory environment applicable to players and stakeholders relevant to infrastructure projects. The study identifies that corruption in the overall environment exists which over time has become embedded and is accepted as necessary, if a project is to be successfully won and then executed with minimum hindrances from the government. These practices cannot be called business processes but are an integral and unavoidable reality of the current business environment. The PIICA study highlights: (i) the business processes and relative time and effort required at different steps during a project life cycle, under normal or prevailing business environment in the country; (ii) the business processes and relative time and effort required at different steps during a project life cycle, under normal or prevailing business environment in the country; and (iii) the defined and undefined procedures that exist, many of which are not stated in contract documents, neither in project plans nor subjected to risk analysis and risk mitigation at the outset. These appear to render the best of project time lines and budgeted plans as mere estimates. 2014-08-21T20:33:29Z 2014-08-21T20:33:29Z 2007-11 http://documents.worldbank.org/curated/en/2007/11/9382808/business-environment-cost-doing-business http://hdl.handle.net/10986/19611 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work South Asia Pakistan |