Art or Science? Measuring the Impact of Business Environment Reforms at the Subnational Level

As the Western Balkan economies look toward integration into the European Union, each is striving to increase its competitiveness and improve its economic growth. Considerable momentum has been developing on business enabling environment (BEE) reform. The overall doing business rankings for the countries in this region are in the third and fourth quartiles for 2009, showing plenty of room for improvement. Investors identified improvements in regulations affecting businesses as a key priority for upgrading the business enabling environment in the region. In this smart lesson, the author shares the experience of adapting the standard cost model to review regulations and measure impact in supporting BEE reforms at the subnational level in Bosnia and Herzegovina, Montenegro, and Serbia. The authors have adapted a relatively sophisticated tool, and applied it to support BEE reforms to: (1) measure the impact of the reforms in terms of cost savings for businesses; (2) help drive the reform agenda by enabling policymakers to build stakeholder support and target reforms recognizing that 'what gets measured, gets done'; and (3) support the regional monitoring and evaluation framework.

Saved in:
Bibliographic Details
Main Authors: Thomas, Margo, Cordova-Novion, Cesar, Batic, Ana
Format: Brief biblioteca
Language:English
Published: World Bank, Washington, DC 2009-05
Subjects:ACCESS TO INFORMATION, ACCOUNT, ADMINISTRATIVE BURDENS, ADMINISTRATIVE COSTS, ADMINISTRATIVE PROCEDURES, ADMINISTRATIVE REGULATIONS, ADMINISTRATIVE REQUIREMENTS, ADMINISTRATIVE SIMPLIFICATION, ADVISORY SERVICES, BUSINESS ACTIVITIES, BUSINESS ASSOCIATIONS, BUSINESS CLIMATE, BUSINESS COMMUNITY, BUSINESS CYCLE, BUSINESS ENVIRONMENT, BUSINESS RISK, BUSINESSES, COMPETITIVENESS, COMPLIANCE COSTS, COST OF COMPLIANCE, COST SAVINGS, COSTS OF REGULATIONS, DIRECT COSTS, ECONOMIC GROWTH, ENABLING ENVIRONMENT, EXPENDITURES, IMPACT ASSESSMENT, IMPACT OF REGULATIONS, INVENTORIES, INVENTORY, LICENSES, LIMITED ACCESS, MEDIUM ENTERPRISES, OPERATIONAL CHANGES, POLICY OBJECTIVES, PRIVATE SECTOR, PUBLIC ADMINISTRATION, PUBLIC SECTOR, QUALITY CONTROL, REGISTRY, REGULATORS, REGULATORY IMPACT, REGULATORY IMPACT ASSESSMENT, REGULATORY REFORM, REGULATORY REFORM PROCESS, REGULATORY REFORMS, RESULT, RESULTS, REVIEW OF REGULATIONS, SENIOR MANAGER, SERVICE PROVIDERS, TARGETS, USE OF REGULATIONS,
Online Access:http://documents.worldbank.org/curated/en/2009/05/10774471/art-or-science-measuring-impact-business-environment-reforms-subnational-level
http://hdl.handle.net/10986/10554
Tags: Add Tag
No Tags, Be the first to tag this record!