Doing Business in Central America and the Dominican Republic 2015 : Overview
The strengthening of sustained and inclusive economic growth providing opportunities for all and reducing inequality is a key to achieving shared prosperity in Central America and the Dominican Republic. However, the countries in this region except...
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| Language: | English en_US |
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Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/01/24192618/doing-business-central-america-dominican-republic-2015-overview http://hdl.handle.net/10986/21797 |
| Summary: | The strengthening of sustained and
inclusive economic growth providing opportunities for all
and reducing inequality is a key to achieving shared
prosperity in Central America and the Dominican Republic.
However, the countries in this region except for Panama and
Costa Rica have not yet attained growth driven by high
productivity. Foreign trade grew less in Central America
than in other regions. Other studies reveal that the areas
having the greatest impact on trade costs and volumes are
information availability, process improvement through the
use of online tools, and document simplification and
streamlining. The strengthening of the business environment
is a key action within these countries' competitiveness
and productivity agenda. If laws and regulations are clear,
accessible, and transparent, while at the same time they are
enforceable before a court of justice if necessary,
entrepreneurs will have more time to devote to productive
activities and will feel more confident to run the risk of
doing business with people they don't know, which may
contribute to the expansion of their client and supplier
network, thereby making their business grow. Doing business
in Central America and the Dominican Republic 2015 for the
first time includes a gender perspective based on the study
of the laws and regulations that impose differential
treatment for women. |
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