Doing Business case studies highlight the specific experience of an economy or region in improving important aspects of business regulation. They offer an insight into regulatory issues faced by policy makers, challenges they had to overcome, and the impact of their initiative.
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Starting a Business: Transparency of information at business registries
Governments and civil society have come together in recent years to increase the transparency of business information. These changes have been made in the wake of a series of revelations—such as the Panama papers and the Bahamas leaks—that showed the extent to which individuals take advantage of obscure company ownership structures to illicitly move money around the globe.Read more »
Dealing with construction permits: Private sector participation in construction
This year Doing Business deals with private sector participation in construction regulation. Involving private sector engineers or firms in construction regulation is a trend that has been gaining traction in economies around the world. Some form of private sector participation in construction regulation is employed in 93 of the 190 economies covered by Doing Business.Read more »
Registering property: Using information to curb corruption
Registered property rights are necessary to support investment, productivity and growth. Registering property indicator examines the steps, time and cost involved in registering property. In addition, the topic also measures the quality of the land administration system in each economy. Transparency is a key element of the quality of land administration systems. It increases the efficiency of the real estate market and eliminates asymmetrical information between users and officials with respect to services provided by the land administration. In 2013, Transparency International reported that one in five users of land services globally claimed to have paid a bribe for services such as registering a land title or obtaining updated property ownership information. Lack of transparency can also lead to land record fraud or alteration, land document forgery and multiple allocations of the same plot of land
Transparency is one of the most important tools for combating corruption—it is the basic pillar of enhancing the quality of land administration. Transparent systems strengthen public confidence in governments and facilitate substantial reductions in the cost of doing business. As a component of its registering property indicator set, Doing Business has measured the transparency of land administration systems for the past four years. This research has focused on whether information concerning the ownership and physical location of a property is public, whether essential information on the property transfer process is made accessible, if there is an independent and specific complaint mechanism to respond to issues raised by land registry users and whether statistics on property transfers in the largest business city of an economy are published.Read more »
Resolving Insolvency: The challenges of successfully implementing insolvency reforms
Doing Business tracks insolvency reforms across 190 economies. Since Doing Business 2005, 110 economies have introduced 205 changes aimed at facilitating the efficient resolution of corporate insolvency. In 2013/14, the resolving insolvency indicators started measuring whether insolvency laws complied with certain international standards, including access to reorganization proceedings for debtors and creditors. Since then, the most common type of reform recorded by the indicators has been the introduction of or improvements to reorganization procedures. Many factors, however, can make it challenging to implement insolvency reforms.
This case study uses the specific examples of France, Slovenia and Thailand to illustrate successful insolvency reforms that can inspire similar efforts elsewhere. These countries introduced and improved restructuring procedures and business reorganization has become an increasingly utilized option for viable firms in financial distress.Read more »