Investment Climate Around the World: Voices of the Firms from the World Business Environment Survey (Directions in Development),Used

Investment Climate Around the World: Voices of the Firms from the World Business Environment Survey (Directions in Development),Used

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SKU: DADAX082135390X
Brand: Brand: World Bank Publications
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The analysis of firmlevel data collected through parallel international enterprise surveys can reveal important linkages between governance constraints and business growth and investment. The World Business Environment Survey (WBES), an initiative led by the World Bank Group in 1999 and 2000, collected enterprise data from more than 10,000 firms in 80 countries and one territory. Econometric analysis of responses to that survey points to a strong association between corruption, financing, regulatory and tax constraints, policy uncertainty, and protection of intellectual property rights with firmlevel performance, as measured by sales and investment growth and participation in the formal economy.

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