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doing business

Quote of the Day: Crisis Talk Edition

In honor of the World Bank's limited edition blog of 2008-2009, Crisis Talk, here is a poem from Martin Dickson, deputy editor of the Financial Times, on the worst excesses of the financial crisis:

"To moral hazard give no thought!
We see no need to get distraught.
Please rest assured God’s work we’re doing
(It’s merely taxpayers we’re screwing.)
The Lord to us has sent a sign:
Monopoly profits are just fine."

10 PSD classics of the “Naughties”

As we say goodbye to the “Naughties” I thought it may be interesting to step back and reflect on some of the significant books of the last decade that really did change the way we thought about PSD and its contribution to development. Given the “decade” theme, I’ve limited the selection to ten, although the books don’t map to each year of the decade.

Restrictive regulation is positively correlated to corruption

The World Bank’s Investment Climate Department (CIC) has reviewed the recent literature on the relationship between restrictive regulation, corruption and business environment reforms, finding that corruption is positively correlated with restrictive regulation. 

Stability in Iraq depends on a business-friendly government

NPR story cited World Bank report

In the report, "Iraq's Shaky Economy Poses Threat to Future," NPR cites The World Bank's Doing Business report that ranks economies based on the ease of doing business in particular countries:

The process of setting up a business in Iraq requires 11 procedures,

Paying Taxes 2010-The global picture

The latest publication of the Doing Business franchise is out: Paying Taxes 2010-The global picture.

The study measures tax systems from the point of view of a domestic company complying with the different tax laws and regulations in each economy. The case study company is a small to medium-size manufacturer and retailer, deliberately chosen to ensure that its business can be identified with and compared worldwide.

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