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.
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,
Yesterday I discussed the launch of the latest Doing Business sub-report, which focuses on the ease of paying taxes. This is a laudable effort- paying taxes is painful enough to begin with, why make it more difficult than necessary?
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.
IFC chief executive Lars Thunell is in Delhi this week, attending the World Economic Forum's India Economic Summit. Thunell is looking to boost the IFC's capital base by $2.4bn, much of which will be dedicated to the world's poorest countries and regions, including India.
The World Bank's Doing Business blog has migrated to the PSD blogoshere. Dahlia Khalifa, senior member of the Doing Business team explains the transition:
Editor's Note: Alan Johnson is a Senior Private Sector Advisor in the World Bank's Investment Climate Advisory Services Group