Write an essay about your experience in doing business or transaction in any government office.
Please answer po.
Answers
Explanation:
What gets measured gets done.
Over the past 15 years, no report has
illustrated this aphorism better than Doing
Business. Anchored in rigorous research
and methodology, Doing Business gathers
detailed and objective data on 11 areas
of business regulation, helping govern-
ments diagnose issues in administrative
procedures and correct them. The report
measures complex regulatory pro-
cesses by zeroing in on their quantifiable
components, which can be contested,
compared—over time and across econo-
mies—and, ultimately, reformed.
Doing Business has inspired thousands of
articles published in peer-reviewed jour-
nals and created a platform for informed
debate about regulatory and institutional
frameworks for economic development.
Many Doing Business indicators have
been incorporated into the indexes of
other institutions, which has spurred
more debate about the ideal business
climate to drive inclusive, sustainable
economic growth.
Since its launch in 2003, Doing Business
has inspired more than 3,500 reforms
in the 10 areas of business regulation
measured by the report. This year,
we observed a peak in reform activity
worldwide—128 economies undertook a
record 314 reforms in 2017/18. Around
the world, registering a business now
takes an average of 20 days and costs
23% of income per capita, compared to
47 days and 76% of income per capita
in 2006. Even more telling, today the
average paid-in minimum capital that
entrepreneurs must deposit is 6% of
income per capita, compared with 145%
of income per capita in 2006. The global
average time to prepare, file and pay
taxes has fallen from 324 hours in 2005
to 237 hours in 2017.
Sub-Saharan Africa has been the region
with the highest number of reforms each
year since 2012. This year, Doing Business
captured a record 107 reforms across 40
economies in Sub-Saharan Africa, and
the region’s private sector is feeling the
impact of these improvements. The aver-
age time and cost to register a business,
for example, has declined from 59 days
and 192% of income per capita in 2006
to 23 days and 40% of income per capita
today. Furthermore, the average paid-in
minimum capital has fallen from 212% of
income per capita to 11% of income per
capita in the same period.
This year’s 10 top improvers include a
range of economies—large and small;
rich and poor—from five regions. The
diversity shows that, regardless of
background, any economy can improve
business regulation when the will of
policy makers is strong. With 13 reforms
between them, China and India—two
of the world’s largest economies—are
among the 10 top improvers. At the sametime Djibouti, a small economy, is also
on the list with six reforms. And with a
total of 12 business regulatory reforms
between them, Afghanistan and Turkey
are on the list of 10 top improvers for the
first time in the report’s history.
Perhaps most notably, four of the 10
top improvers—Afghanistan, Djibouti,
Côte d’Ivoire and Togo—are countries
suffering from fragility, conflict and vio-
lence. The World Bank Group and other
organizations have worked closely with
these economies to address pressing
humanitarian and developmental needs,
while also strengthening their legal and
economic institutions.
Doing Business taught us that even with
comprehensive evidence, reforms do
not necessarily follow. A ranking helps
put the information in front of leaders
and makes it hard to ignore. The report
helped inspire the Human Capital Index
(HCI), which we launched at the 2018
Annual Meetings in Indonesia. Like Doing
Business, the HCI is based on the idea that,
regardless of how complex an area may
be, with solid research and methodology
it can be measured. These types of data
promote reform, not only because they
are easy to analyze, trace and act on, but
also because they increase transparency
and accountability.
Governments have the enormous
task of fostering an enabling environ-
ment for entrepreneurs and small and
medium-size enterprises. Sound and
efficient business regulation is critical for
entrepreneurship and a thriving private
sector. Without them, we have no chance
to end extreme poverty and boost shared
prosperity around the world.
International institutions and research
centers can play a central role by build-
ing a solid base of knowledge and data
to inform governments, researchers and
the general public. With Doing Business,
the World Bank Group is fully commit-
ted to this mission. The reforms that the
report inspires will help people reach
their aspirations; drive inclusive, sustain-
able economic growth; and bring us one
step closer to ending poverty on the face
of the earth.