Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries
Over the last few years the Standard Cost Model (SCM) has become the regulatory reform tool of choice in European Union (EU) and Organization for Economic Co-operation and Development (OECD) countries for identifying and reducing regulatory complia...
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| Format: | Report |
| Language: | English en_US |
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Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/648191468331774700/Here-is-your-money-using-the-standard-cost-model-to-measure-regulatory-compliance-costs-in-developing-countries http://hdl.handle.net/10986/27829 |
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okr-10986-27829 |
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oai_dc |
| 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 |
ACCESS TO COMPUTERS ACCOUNT ACQUISITIONS ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE COST ADMINISTRATIVE COSTS ADMINISTRATIVE PROCEDURE ADMINISTRATIVE PROCEDURES ADMINISTRATIVE REQUIREMENTS ADMINISTRATIVE SIMPLIFICATION ADVERTISEMENT ADVISORY SERVICES AUDITING AVAILABILITY OF DATA BEST PRACTICES BUSINESS ACTIVITY BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGULATION BUSINESS SECTOR BUSINESS SURVEYS BUSINESS TRANSACTIONS BUSINESSES CAPABILITY CAPACITY BUILDING CERTIFICATE COLLECTION OF DATA COLLECTION OF INFORMATION COMMON GROUND COMMON SENSE COMPETITIVE MARKETS COMPLEXITY COMPLIANCE COSTS COMPUTERS CONSULTATIONS COPYRIGHT COST SAVINGS COSTS OF REGULATION CUSTOMIZATION DATA COLLECTION DECISION MAKERS DECISION MAKING DISCUSSION DISCUSSIONS DOCUMENTS ECONOMIES OF SCALE ELECTRONIC FORMAT ENFORCEMENT CAPACITY ENTERPRISE SURVEYS FINANCIAL RESOURCES FINANCIAL STATEMENTS FOCUS GROUPS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS ICT IDEA IMPACT ASSESSMENT IMPACT OF REGULATIONS IMPLEMENTING AGENCIES INPUT DATA INSIGHTS INSPECTION INSPECTIONS INTERNATIONAL COMPARISON INTERNATIONAL CONSULTANT INTERNATIONAL STANDARD INTRANET INVENTORY JURISDICTIONS LAN LEADING LEARNING LEGAL BASIS LEGAL OBLIGATION LEGAL OBLIGATIONS LEGAL REQUIREMENT LEGAL REQUIREMENTS LEGAL TEXT LEGISLATION LICENSE LICENSE FEES LICENSES MATERIAL NUMBER OF USERS OUTSOURCING OVERHEAD OVERHEAD COSTS PAYMENT OF TAX PAYROLL PAYROLL RECORDS PERSONAL INFORMATION POLICY ANALYSIS PRACTITIONERS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTORS PRODUCTIVITY PROJECT MANAGEMENT PUBLIC ADMINISTRATION PUBLIC POLICY PUBLIC SECTOR QUALITY ASSURANCE QUALITY CONTROL REGISTRIES REGISTRY REGULATOR REGULATORS REGULATORY COMPLIANCE REGULATORY FUNCTION REGULATORY IMPACT REGULATORY IMPACT ANALYSIS REGULATORY MEASURES REGULATORY REFORM REGULATORY REFORMS REGULATORY STANDARDS REGULATORY TOOLS RELIABILITY RESULT RESULTS RETURN ON INVESTMENT REVIEW OF REGULATION SALES SEARCH STANDARDIZATION STATUTORY REQUIREMENTS SUPERVISION TARGETS TECHNICAL STAFF TELEPHONE |
| spellingShingle |
ACCESS TO COMPUTERS ACCOUNT ACQUISITIONS ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE COST ADMINISTRATIVE COSTS ADMINISTRATIVE PROCEDURE ADMINISTRATIVE PROCEDURES ADMINISTRATIVE REQUIREMENTS ADMINISTRATIVE SIMPLIFICATION ADVERTISEMENT ADVISORY SERVICES AUDITING AVAILABILITY OF DATA BEST PRACTICES BUSINESS ACTIVITY BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGULATION BUSINESS SECTOR BUSINESS SURVEYS BUSINESS TRANSACTIONS BUSINESSES CAPABILITY CAPACITY BUILDING CERTIFICATE COLLECTION OF DATA COLLECTION OF INFORMATION COMMON GROUND COMMON SENSE COMPETITIVE MARKETS COMPLEXITY COMPLIANCE COSTS COMPUTERS CONSULTATIONS COPYRIGHT COST SAVINGS COSTS OF REGULATION CUSTOMIZATION DATA COLLECTION DECISION MAKERS DECISION MAKING DISCUSSION DISCUSSIONS DOCUMENTS ECONOMIES OF SCALE ELECTRONIC FORMAT ENFORCEMENT CAPACITY ENTERPRISE SURVEYS FINANCIAL RESOURCES FINANCIAL STATEMENTS FOCUS GROUPS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS ICT IDEA IMPACT ASSESSMENT IMPACT OF REGULATIONS IMPLEMENTING AGENCIES INPUT DATA INSIGHTS INSPECTION INSPECTIONS INTERNATIONAL COMPARISON INTERNATIONAL CONSULTANT INTERNATIONAL STANDARD INTRANET INVENTORY JURISDICTIONS LAN LEADING LEARNING LEGAL BASIS LEGAL OBLIGATION LEGAL OBLIGATIONS LEGAL REQUIREMENT LEGAL REQUIREMENTS LEGAL TEXT LEGISLATION LICENSE LICENSE FEES LICENSES MATERIAL NUMBER OF USERS OUTSOURCING OVERHEAD OVERHEAD COSTS PAYMENT OF TAX PAYROLL PAYROLL RECORDS PERSONAL INFORMATION POLICY ANALYSIS PRACTITIONERS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTORS PRODUCTIVITY PROJECT MANAGEMENT PUBLIC ADMINISTRATION PUBLIC POLICY PUBLIC SECTOR QUALITY ASSURANCE QUALITY CONTROL REGISTRIES REGISTRY REGULATOR REGULATORS REGULATORY COMPLIANCE REGULATORY FUNCTION REGULATORY IMPACT REGULATORY IMPACT ANALYSIS REGULATORY MEASURES REGULATORY REFORM REGULATORY REFORMS REGULATORY STANDARDS REGULATORY TOOLS RELIABILITY RESULT RESULTS RETURN ON INVESTMENT REVIEW OF REGULATION SALES SEARCH STANDARDIZATION STATUTORY REQUIREMENTS SUPERVISION TARGETS TECHNICAL STAFF TELEPHONE International Finance Corporation World Bank Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries |
| description |
Over the last few years the Standard
Cost Model (SCM) has become the regulatory reform tool of
choice in European Union (EU) and Organization for Economic
Co-operation and Development (OECD) countries for
identifying and reducing regulatory compliance costs. SCM
provides a relatively simple methodology to measure and
communicate businesses' paperwork obligations arising
from compliance with governments' regulations. More
recently the SCM has also been adapted and applied in a
number of developing countries, including Kenya, Zambia,
Vietnam, Burkina Faso, and Rwanda. It is still too early
days to conclude much on the SCM model's general
applicability in developing countries. However as part of a
broader reform package the SCM has proven capable of
strengthening momentum by providing new insights into
regulatory obligations, by quantifying the costs and time
associated with information obligations both at aggregate
and at a rule-specific level. It has hence proven useful
both as a tool to target specific interventions and to
monitor the impact of reform. This document provides a
number of lessons from the first few years of using SCM in
regulatory reforms, with a focus on business licensing, in
developing countries. These lessons are not intended to
provide a final account on how SCM is to be carried out in
developing countries. Along with its dissemination across
the globe, SCM has experienced a constant development. This
document aims to point out a number of important issues that
have been observed and tested during the initial
measurements in World Bank client countries to prevent
future practitioners from the need to re-invent the wheel. |
| format |
Report |
| author |
International Finance Corporation World Bank |
| author_facet |
International Finance Corporation World Bank |
| author_sort |
International Finance Corporation |
| title |
Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries |
| title_short |
Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries |
| title_full |
Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries |
| title_fullStr |
Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries |
| title_full_unstemmed |
Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries |
| title_sort |
here is your money : using the standard cost model to measure regulatory compliance costs in developing countries |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/648191468331774700/Here-is-your-money-using-the-standard-cost-model-to-measure-regulatory-compliance-costs-in-developing-countries http://hdl.handle.net/10986/27829 |
| _version_ |
1764465178397638656 |
| spelling |
okr-10986-278292021-04-23T14:04:44Z Here Is Your Money : Using the Standard Cost Model to Measure Regulatory Compliance Costs in Developing Countries International Finance Corporation World Bank ACCESS TO COMPUTERS ACCOUNT ACQUISITIONS ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE COST ADMINISTRATIVE COSTS ADMINISTRATIVE PROCEDURE ADMINISTRATIVE PROCEDURES ADMINISTRATIVE REQUIREMENTS ADMINISTRATIVE SIMPLIFICATION ADVERTISEMENT ADVISORY SERVICES AUDITING AVAILABILITY OF DATA BEST PRACTICES BUSINESS ACTIVITY BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS OPERATIONS BUSINESS REGISTRATION BUSINESS REGULATION BUSINESS SECTOR BUSINESS SURVEYS BUSINESS TRANSACTIONS BUSINESSES CAPABILITY CAPACITY BUILDING CERTIFICATE COLLECTION OF DATA COLLECTION OF INFORMATION COMMON GROUND COMMON SENSE COMPETITIVE MARKETS COMPLEXITY COMPLIANCE COSTS COMPUTERS CONSULTATIONS COPYRIGHT COST SAVINGS COSTS OF REGULATION CUSTOMIZATION DATA COLLECTION DECISION MAKERS DECISION MAKING DISCUSSION DISCUSSIONS DOCUMENTS ECONOMIES OF SCALE ELECTRONIC FORMAT ENFORCEMENT CAPACITY ENTERPRISE SURVEYS FINANCIAL RESOURCES FINANCIAL STATEMENTS FOCUS GROUPS GOVERNMENT OFFICIALS GOVERNMENT REGULATIONS ICT IDEA IMPACT ASSESSMENT IMPACT OF REGULATIONS IMPLEMENTING AGENCIES INPUT DATA INSIGHTS INSPECTION INSPECTIONS INTERNATIONAL COMPARISON INTERNATIONAL CONSULTANT INTERNATIONAL STANDARD INTRANET INVENTORY JURISDICTIONS LAN LEADING LEARNING LEGAL BASIS LEGAL OBLIGATION LEGAL OBLIGATIONS LEGAL REQUIREMENT LEGAL REQUIREMENTS LEGAL TEXT LEGISLATION LICENSE LICENSE FEES LICENSES MATERIAL NUMBER OF USERS OUTSOURCING OVERHEAD OVERHEAD COSTS PAYMENT OF TAX PAYROLL PAYROLL RECORDS PERSONAL INFORMATION POLICY ANALYSIS PRACTITIONERS PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTORS PRODUCTIVITY PROJECT MANAGEMENT PUBLIC ADMINISTRATION PUBLIC POLICY PUBLIC SECTOR QUALITY ASSURANCE QUALITY CONTROL REGISTRIES REGISTRY REGULATOR REGULATORS REGULATORY COMPLIANCE REGULATORY FUNCTION REGULATORY IMPACT REGULATORY IMPACT ANALYSIS REGULATORY MEASURES REGULATORY REFORM REGULATORY REFORMS REGULATORY STANDARDS REGULATORY TOOLS RELIABILITY RESULT RESULTS RETURN ON INVESTMENT REVIEW OF REGULATION SALES SEARCH STANDARDIZATION STATUTORY REQUIREMENTS SUPERVISION TARGETS TECHNICAL STAFF TELEPHONE Over the last few years the Standard Cost Model (SCM) has become the regulatory reform tool of choice in European Union (EU) and Organization for Economic Co-operation and Development (OECD) countries for identifying and reducing regulatory compliance costs. SCM provides a relatively simple methodology to measure and communicate businesses' paperwork obligations arising from compliance with governments' regulations. More recently the SCM has also been adapted and applied in a number of developing countries, including Kenya, Zambia, Vietnam, Burkina Faso, and Rwanda. It is still too early days to conclude much on the SCM model's general applicability in developing countries. However as part of a broader reform package the SCM has proven capable of strengthening momentum by providing new insights into regulatory obligations, by quantifying the costs and time associated with information obligations both at aggregate and at a rule-specific level. It has hence proven useful both as a tool to target specific interventions and to monitor the impact of reform. This document provides a number of lessons from the first few years of using SCM in regulatory reforms, with a focus on business licensing, in developing countries. These lessons are not intended to provide a final account on how SCM is to be carried out in developing countries. Along with its dissemination across the globe, SCM has experienced a constant development. This document aims to point out a number of important issues that have been observed and tested during the initial measurements in World Bank client countries to prevent future practitioners from the need to re-invent the wheel. 2017-08-15T15:37:48Z 2017-08-15T15:37:48Z 2010 Report http://documents.worldbank.org/curated/en/648191468331774700/Here-is-your-money-using-the-standard-cost-model-to-measure-regulatory-compliance-costs-in-developing-countries http://hdl.handle.net/10986/27829 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Economic & Sector Work :: Investment Climate Assessment Economic & Sector Work |