Paper #1088

Títol:

How "Doing Business" jeopardizes institutional reform

Autor:

Benito Arruñada

Data:

Maig 2008

Resum:

Simplifying business formalization and eliminating outdated formalities is often a good way of improving the institutional environment for firms. Unfortunately, the World Bank’s "Doing Business" project is harming such policies by promoting a reform agenda that gives them priority even in countries lacking functional business registers, so that the reformed registers keep producing valueless information, but faster. Its methodology also promotes biased measurements that impede proper consideration of the essential tradeoffs in the design of formalization institutions. If "Doing Business" is to stop jeopardizing its true objectives and contribute positively to scientific progress, institutional reform and economic development, then its aims, governance and methodology need to change.

Paraules clau:

Starting business, doing business, informal economy, company registers

Codis JEL:

K22, K23, L59, O17

Àrea de Recerca:

Direcció d'Empesa i Estudis de les Organitzacions / Economia de l'Empresa i Organització Industrial

Publicat a:

European Business Organization Law Review, 2009, 10(4), 555-574.

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