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Doing Business compares business regulation in 183 economies. Launched 8 years ago Focuses on regulations relevant to the life cycle of a small to medium-sized domestic business based on a standardized case Does not measure all aspects of the business environment - PowerPoint PPT Presentation
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Launched 8 years ago
Focuses on regulations relevant to the life cycle of a small to medium-sized domestic business based on a standardized case
Does not measure all aspects of the business environment
The objective: efficient regulations, accessible to all, and simple to implement
Doing Business compares business regulation in 183 economies
What Subnational Doing Business adds
Expands the DB indicators beyond the most populous city
Captures local differences in regulations or enforcement
Includes rules and regulations at all levels of government
Gives specific locations an opportunity to tell their story
Provides a tool for locations to compete globally
Provides information on good practices within the same country
that can be easily replicated
Combines media appeal of DB with active participation of
subnational governments in the reform process
Doing Business in Nigeria 2010 covers all 36 states and the capital
Doing Business in Nigeria 2008: measured 10 states and Abuja, FCT.
Doing Business in Nigeria 2010: updates 2008 data and measures federal and state regulations across the country in 4 areas of the life of a business:
Data were collected with the help of more than 480 private sector contributors and public sector
officials
Starting a business
Dealing with construction permits
Registering property
Enforcing contracts
Nigerian states are reforming and can learn from each other
Key findings:
8 of the 11 states measured in 2008 and again in 2010 have
improved in at least one area
Wide variation in business regulations across the country shows
that there is room for reform
Some states already perform up to international standards in
some areas
States can learn from the existing good practices of their peers
and become more competitive nationally and globally
Where is it easier to do business in Nigeria and where not?
Over the past 2 years, reforms made doing business easier in Nigeria
Starting a business: large variations in time and cost across the states
Starting a business in Abuja takes half the time compared to Bayelsa
Bottlenecks!
5 of the 11 states measured for the second time cut the time to obtain construction permits
Kano ranks 67th globally in the cost of obtaining a construction permit
SSA denotes the Sub-Saharan African region
Registering property is generally slow and expensive but there are exceptions
New civil procedure rules result in faster contract enforcement
125 out of 183 economies
108 Starting a business162 Dealing with construction permits178 Registering property94 Enforcing contracts
Nigeria DB2010
Nigeria with best practices
72 out of 183 economies
62 Starting a business 11 Dealing with construction permits89 Registering property46 Enforcing contracts
A state adopting the existing best practices would rank 72nd globally
Easier business entry means more new firms: evidence from empirical research
MexicoImpact of the reduction of registration procedures through the introduction of One-Stop Shops and the elimination of federally required procedures
Increase in the number of new firms of about 6% Increase in employment by 2.6% Consumer Price Index decrease by 1% due to competitive pressures of new
entrants
ColombiaImpact of the introduction of One-Stop Shops in 6 cities:
Increase of 5.2% in the number of new firms
IndiaImpact of the elimination of License Raj in 16 states over 64 industries:
Increase in the number of new firms by 6%
Why business regulation reform matters
Thank you
http://www.doingbusiness.org/Nigeria
http://www.doingbusiness.org/subnational
or more information visit: