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Doing Business 2014
Report

Doing Business 2014

Understanding Regulations for Small and Medium-Size Enterprises

The World Bank
World Bank, 2013
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Editorial Rating

8

Qualities

  • Scientific
  • Well Structured
  • Overview

Recommendation

In this 11th edition of its annual review, the World Bank assesses the rules and regulations for starting, running and shutting down a business in 189 of the world’s economies. Researchers collected, examined and compared data on 11 aspects of small and medium-sized businesses around the world to gauge the level, scope and effectiveness of regulation. They sought to determine what guidelines contribute to a flourishing business environment and where reforms could improve an economy. The report is a treasure trove of data and statistics accompanied by a clear and concise narrative that is valuable to users at all levels of expertise – from those attempting first-time start-ups to seasoned professionals working on serial enterprises. Worldwide, small and medium-sized businesses drive economic growth, so getAbstract recommends this comprehensive, significant overview of business regulation to policy makers, business executives, global entrepreneurs, and owners of businesses great and small.

Take-Aways

  • Regulations safeguard businesses, consumers and the public, but onerous rules cost companies money and time.
  • If every country followed regulatory best practices, business owners could have 45.4 million extra days to focus on their work instead of dealing with bureaucracy.
  • Singapore tops 189 economies as the easiest place to do business; Chad is last.

About the Author

Owned by its member countries, the World Bank is a global financial institution that provides funding for capital investments in the developing world.

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