Business Regulation Operational Guide

The private sector has been at the forefront of economic transformation, job creation, and poverty reduction around the world for the past three decades. In developing countries, the private sector provides over 90 percent of jobs. According to a W...

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Main Author:	World Bank
Format:	Working Paper
Language:	English en_US
Published:	Washington, DC 2022
Subjects:	PRIVATE SECTOR GROWTH REFORMS REGULATORY FRAMEWORK BUSINESS LIFE CYCLE INVESTMENT CLIMATE WOMEN
Online Access:	http://documents.worldbank.org/curated/en/099430008302220194/P175534028ffd30280a2a40fab44d820c4d http://hdl.handle.net/10986/37949

id	okr-10986-37949
recordtype	oai_dc
spelling	okr-10986-379492022-09-01T05:10:38Z Business Regulation Operational Guide World Bank PRIVATE SECTOR GROWTH REFORMS REGULATORY FRAMEWORK BUSINESS LIFE CYCLE INVESTMENT CLIMATE WOMEN The private sector has been at the forefront of economic transformation, job creation, and poverty reduction around the world for the past three decades. In developing countries, the private sector provides over 90 percent of jobs. According to a World Bank Group survey of the poor getting a job or starting a business is the most effective way out of poverty. As the global economy seeks to repair the economic scars from the COVID-19 pandemic, with strained public resources, countries will have to rely even more on the private sector to mobilize the investment needed for recovery. The World Bank Group Investment Climate (IC) team works with regional teams and client countries to develop regulatory reform programs to support private sector development in five workstreams. The areas of work include identifying and designing reforms to improve the regulatory environment for firms along all phases of the business life cycle - formalization and entry, operations, expansion, and exit. Investment Climate programs are implemented through the full range of WBG instruments, both lending and advisory. This guide provides a framework for policy makers and economic development practitioners to use to design effective regulatory reforms addressing the entire life cycle of a firm. In all areas of regulation, the IC team emphasizes the equal importance of refining the rules to create a foundation for reform and improving implementation to provide a truly level playing field for businesses. 2022-08-31T20:34:36Z 2022-08-31T20:34:36Z 2022 Working Paper http://documents.worldbank.org/curated/en/099430008302220194/P175534028ffd30280a2a40fab44d820c4d http://hdl.handle.net/10986/37949 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Working Papers Working Papers :: Other Papers World
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	PRIVATE SECTOR GROWTH REFORMS REGULATORY FRAMEWORK BUSINESS LIFE CYCLE INVESTMENT CLIMATE WOMEN
spellingShingle	PRIVATE SECTOR GROWTH REFORMS REGULATORY FRAMEWORK BUSINESS LIFE CYCLE INVESTMENT CLIMATE WOMEN World Bank Business Regulation Operational Guide
geographic_facet	World
description	The private sector has been at the forefront of economic transformation, job creation, and poverty reduction around the world for the past three decades. In developing countries, the private sector provides over 90 percent of jobs. According to a World Bank Group survey of the poor getting a job or starting a business is the most effective way out of poverty. As the global economy seeks to repair the economic scars from the COVID-19 pandemic, with strained public resources, countries will have to rely even more on the private sector to mobilize the investment needed for recovery. The World Bank Group Investment Climate (IC) team works with regional teams and client countries to develop regulatory reform programs to support private sector development in five workstreams. The areas of work include identifying and designing reforms to improve the regulatory environment for firms along all phases of the business life cycle - formalization and entry, operations, expansion, and exit. Investment Climate programs are implemented through the full range of WBG instruments, both lending and advisory. This guide provides a framework for policy makers and economic development practitioners to use to design effective regulatory reforms addressing the entire life cycle of a firm. In all areas of regulation, the IC team emphasizes the equal importance of refining the rules to create a foundation for reform and improving implementation to provide a truly level playing field for businesses.
format	Working Paper
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Business Regulation Operational Guide
title_short	Business Regulation Operational Guide
title_full	Business Regulation Operational Guide
title_fullStr	Business Regulation Operational Guide
title_full_unstemmed	Business Regulation Operational Guide
title_sort	business regulation operational guide
publisher	Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/en/099430008302220194/P175534028ffd30280a2a40fab44d820c4d http://hdl.handle.net/10986/37949
_version_	1764488183105454080

Business Regulation Operational Guide

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