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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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Page 1: Launched 8 years  ago

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Page 2: Launched 8 years  ago

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

Page 3: Launched 8 years  ago

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

Page 4: Launched 8 years  ago

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

Page 5: Launched 8 years  ago

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

Page 6: Launched 8 years  ago

Where is it easier to do business in Nigeria and where not?

Page 7: Launched 8 years  ago

Over the past 2 years, reforms made doing business easier in Nigeria

Page 8: Launched 8 years  ago

Starting a business: large variations in time and cost across the states

Page 9: Launched 8 years  ago

Starting a business in Abuja takes half the time compared to Bayelsa

Bottlenecks!

Page 10: Launched 8 years  ago

5 of the 11 states measured for the second time cut the time to obtain construction permits

Page 11: Launched 8 years  ago

Kano ranks 67th globally in the cost of obtaining a construction permit

SSA denotes the Sub-Saharan African region

Page 12: Launched 8 years  ago

Registering property is generally slow and expensive but there are exceptions

Page 13: Launched 8 years  ago

New civil procedure rules result in faster contract enforcement

Page 14: Launched 8 years  ago

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

Page 15: Launched 8 years  ago

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

Page 16: Launched 8 years  ago

Thank you

http://www.doingbusiness.org/Nigeria

http://www.doingbusiness.org/subnational

or more information visit: