DOING BUSINESS 2019: TRAINING FOR REFORM
Doing Business 2019: Training for Reform, a World Bank Group flagship publication, is the 16th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 190 economies—from Afghanistan to Zimbabwe—and over time.
Doing Business measures regulations affecting 11 areas of the life of a business. Ten of these are included in the year’s ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency. Doing Business also measures labor market regulation, which is not included in this year’s ranking.
Data in Doing Business 2019 are current as of May 1, 2018. The indicators are used to analyzed economic outcomes and identify what reforms of business regulation have worked, where and why.
Economies are ranked on their ease of doing business, from 1-190. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Below is the ranking of the Philippines:
Economy: PHILIPPINES
Ease of Doing Business Rank: Ranked 124
Starting a Business: Ranked 166
Dealing with Construction Permits: Ranked 94
Getting Electricity: Ranked 29
Registering Property: Ranked 116
Getting Credit: Ranked 184
Protecting Minority Investors: Ranked 132
Paying Taxes: Ranked 94
Trading Across Borders: Ranked 104
Enforcing Contracts: Ranked 151
Resolving Insurgency: Ranked 63
Sison Corillo Parone & Co. (www.scp-ph.com) was given a Certificate of Appreciation from the World Bank Group for being one of the contributors to the World Bank project in the development of Doing Business indicators.
For a more detailed information on the methodology, background studies and permits, customized queries and cross-country comparison of the indicators kindly visit http://www.doingbusiness.org.
Reference:
Doing Business 2019
www.doingbusiness.org
