Aymo Brunetti

Gregory Kisunko

Beatrice Weder

Evidence from a Worldwide Survey of the Private Sector

Credibility of Rules and Economic Growth

This paper presents the results of a survey of almost 4,000 entrepreneurs in 69 countries who were asked to judge what constituted a major obstacle for business operations. Among the numerous findings in the report, corruption, crime and theft, and tax regulations were found to be important obstacles to doing business. OECD countries, six transition countries, and twelve developing countries were represented in the survey.

Responses from Private Sector Surveys in 69 Countries

How Businesses See Government

Guy Pierre Pfeffermann

Mariusz A. Sumlinski

This is the tenth annual edition of "Trends in Private Investment in Developing Countries." To mark this event, this report includes figures for each of the countries for which data are available as well as the first country-specific results of a worldwide survey on obstacles to doing business perceived by executives in 74 countries (including several industrial countries for comparison). The first part of this report documents trends in private and public fixed investment. The second part presents country-specific results of a 1996/97 worldwide survey of business executives. The discussion focus on obstacles to doing business and their relationship to levels of private investment. A few factors emerge as being of particular importance to private investment decisions:the real exchange rate, the rule of law, predictability of judiciary systems, and the extent to which financing is available to enterprises.

Statistics for 1970-97

Trends in Private Investment in Developing Countries

Region-by-region Results from a Worldwide Survey of the Private Sector

Institutional Obstacles to Doing Business

Gregory Kisunko

Books

Your next favorite book is out there