New Book | Doing Business 2017: Equal Opportunity for All | Comparing Business Regulation for Domestic Firms in 190 Economies

Doing Business 2017: Equal Opportunity for All.
A World Bank Group Flagship Report, Comparing Business Regulation for Domestic Firms in 190 Economies.
by World Bank Group, New York, 2016. ISBN: 9781464809484.

Summary
Doing Business 2017: Equal Opportunity for All, a World Bank Group flagship publication, is the 14th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies—from Afghanistan to Zimbabwe—and over time.
Doing Business measures regulations affecting 11 areas of the life of a business. Ten of these areas are included in this year's ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures labor market regulation, which is not included in this year's ranking.
Data in Doing Business 2017 are current as of June 1, 2016. The indicators are used to analyze economic outcomes and identify what reforms of business regulation have worked, where and why.

Main Findings

• Doing Business 2017: Equal Opportunity for All finds that entrepreneurs in 137 economies saw improvements in their local regulatory framework last year. Between June 2015 and June 2016, the report, which measures 190 economies worldwide, documented 283 business reforms. Reforms reducing the complexity and cost of regulatory processes in the area of starting a business were the most common in 2015/16, as in the previous year. The next most common reforms were in the areas of paying taxes, getting credit and trading across borders.Read about business reforms.
• Brunei Darussalam, Kazakhstan, Kenya, Belarus, Indonesia, Serbia, Georgia, Pakistan, the United Arab Emirates, and Bahrain were the most improved economies in 2015/16 in areas tracked by Doing Business. Together, these 10 top improvers implemented 48 regulatory reforms making it easier to do business.
• Economies in all regions are implementing reforms easing the process of doing business, but Europe and Central Asia continues to be the region with the highest share of economies implementing at least one reform—96% of economies in the region have implemented at least one business regulatory reform.
• Doing Business includes a gender dimension in four of the 11 topics sets. Starting a business, registering property and enforcing contracts present a gender dimension for the first time this year. Labor market regulation already captured gender disaggregated data in last year's report.
• This year's report expands the paying taxes topic set to cover postfiling processes—what happens after a firm pays taxes—such as tax refunds, tax audits and administrative tax appeals.
• This year's report also includes an annex with analysis on a pilot indicator on public procurement regulations.
• The report features six case studies in the areas of getting electricity, getting credit: legal rights, getting credit: credit information, protecting minority investors, paying taxes and trading across borders as well as two annexes in the areas of labor market regulation and selling to the government. The case studies and annexes either present new indicators or provide further insights from the data collected through methodology changes implemented in the past two years. See all case studies.

Table of Contents

Overview
About Doing Business
Reforming the Business Environment in 2015/16
Case studies

Getting Electricity: Factors affecting the reliability of electricity supply
Getting Credit: Legal Rights - Two approaches to developing an integrated secured transactions regime
Getting Credit: Credit Information - Casting a wide net to expand financial inclusion
Protecting Minority Investors: Achieving sound corporate governance
Paying Taxes: Assessing postfiling processes
Trading Across Borders: Technology gains in trade facilitation

Annex: Labor Market Regulation - What can we learn from Doing Business data?
Annex: Selling to the Government - Why public procurement matters

Top 10 Countries

1 New Zealand
2 Singapore
3 Denmark
4 Hong Kong SAR, China
5 Korea, Republic of
6 Norway
7 United Kingdom
8 United States
9 Sweden
10 Macedonia, FYR

BRICS Ranking

40 Russian Federation
74 South Africa
78 China
123 Brazil
130 India

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