- International Finance Corporation
- The World Bank
- World Bank Group Multilateral Investment Guarantee Agency
The Investment Climate Advisory Services of the World Bank Group provides support to client governments by designing, catalyzing, and supporting regulatory reform. These advisory services focus on improvements to a wide range of regulations that affect the business environment including tax reform, business regulation, insolvency, trade logistics, and alternative dispute resolution. A range of short-term interventions are offered by the Doing Business Reform unit designed to address specific issues highlighted by the Doing Business indicators.
Doing Business in Colombia 2010, the second subnational report of the Doing Business series in Colombia, compares business regulations across 21 cities. The report focuses on local and national regulations that affect six stages in the life of a small- to medium-size domestic firm: starting a business, dealing with construction permits, registering property, paying taxes, trading across borders, and enforcing contracts.
The main objective of this publication is to provide technical advice and guidance to World Bank Group staff, donor institutions, government officials and other practitioners on the implementation of secured transactions law and institutional reforms in emerging market countries. The content of the Toolkit will guide the reader through the various stages of the project cycle (identification, diagnostic, solution design, implementation and monitoring and evaluation) involved in the introduction of secured transactions reforms. The recommendations presented in the Toolkit are based on IFC's experience in the secured transactions area, the contributions of a number of experts in this field, existing literature, reform experience in a number of emerging market countries and the existing best practices in jurisdictions with advanced secured transactions systems.
This paper analyzes how investment incentives can be used to foster private investment, particularly in developing countries. What makes such incentives effective? How much should they cost? And how are they linked to policy making and political economy? The assessment draws on existing literature as well as several case studies and surveys conducted for this paper.
The Handbook for Tax Simplification provides policy makers and tax practitioners with a framework to assess a tax system, including measuring its various parameters and systems of management. The book analyzes the impact of income tax, the value added tax (VAT), and other local taxes that are imposed on business and defines the best practices for tax policy and tax administration that will yield a system that is simple, predictable and one which does not create an undue burden on private enterprise. Topics addressed in this handbook range from the principal policy considerations for any reform initiative to practical and user-friendly templates for implementing policy and measuring the effectiveness of reform. This book provides a check-list that can help policy makers identify the binding constraints imposed by tax system on business and provides recommendations on how these constrains may be minimized or even removed within the existing political economy environment.
A few years ago, if a small or medium business enterprise in Southern Europe became entangled in a dispute with another company, the only option was to endure an extremely lengthy and expensive court procedure. The number of commercial disputes awaiting court attention in the region was in the millions. The long wait and high cost of litigation blocked access to funds and thus sealed the fate of many such enterprises. It also deterred potential foreign and domestic investors. The Alternative Dispute Resolution (ADR) program was started in 2003 with the goal of providing companies in the region with a much quicker and cheaper option for resolving commercial disputes: mediation. This report describes the means IFC used to introduce and implement this ADR approach in Albania, Bosnia and Herzegovina, FYR Macedonia, Montenegro, and Serbia.