Business Regulations and Poverty

Business Regulations and Poverty

Using panel data for 189 economies from 2005 to 2013, this paper shows that business-friendly regulations are correlated with the poverty headcount at the country level. This association is significant using the World Bank's Doing Business ind...

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Bibliographic Details
Main Authors: Djankov, Simeon, Georgieva, Dorina, Ramalho, Rita
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
PROPERTY RIGHTS
BUSINESS ENVIRONMENT
BUSINESS REGULATION
BUSINESS REGISTRATION
FIRM ENTRY
ACCESS TO FINANCE
CONTRACT LAW
POVERTY REDUCTION
Online Access:http://documents.worldbank.org/curated/en/355791551471887623/Business-Regulations-and-Poverty
http://hdl.handle.net/10986/31340
Description
Summary:Using panel data for 189 economies from 2005 to 2013, this paper shows that business-friendly regulations are correlated with the poverty headcount at the country level. This association is significant using the World Bank's Doing Business indicators on getting credit and contract enforcement. The findings suggest that the conduit for poverty reduction is business creation, as a source of new jobs and a manifestation of thriving entrepreneurship.

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