Description: Better Regulation for Higher Growth : Bulgaria's Business Regulation

Better Regulation for Higher Growth : Bulgaria's Business Regulation - Achievements and Recommendations

Removing regulatory obstacles that create barriers to business is a major objective for economic policymakers. There is broad understanding among policymakers and development practitioners that microeconomic reforms aimed at strengthening property...

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Bibliographic Details
Main Author:	World Bank
Language:	English
Published:	World Bank 2012
Subjects:	ACTION PLAN ADMINISTRATION OF REGULATION ADMINISTRATION OF REGULATIONS ADMINISTRATIVE BARRIERS ADMINISTRATIVE BURDEN ADMINISTRATIVE BURDENS ADMINISTRATIVE COST ADMINISTRATIVE COSTS ADMINISTRATIVE PROCEDURE ADMINISTRATIVE PROCEDURES ADMINISTRATIVE PROCESSES ADMINISTRATIVE REFORM ADMINISTRATIVE REFORMS ADMINISTRATIVE REGULATION ADMINISTRATIVE REGULATIONS ADVISORY SERVICE ADVISORY SERVICES AMENDMENT AREAS OF REGULATION BARRIERS TO ENTRY BURDEN OF REGULATION BUSINESS ACTIVITIES BUSINESS APPLICATION BUSINESS ASSOCIATIONS BUSINESS CLIMATE BUSINESS ENVIRONMENT BUSINESS INDICATORS BUSINESS LEADERS BUSINESS MANAGERS BUSINESS NEED BUSINESS REGULATION BUSINESS SECTOR BUSINESS TRANSACTIONS BUSINESSES CAPITAL COSTS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CC CERTIFICATES CIVIL PROCEDURE COMMERCIAL ACTIVITY COMPETITIVENESS CONSULTATION CONTROL SYSTEM COPYRIGHT CORPORATE TAXES CORRUPTION COST RECOVERY CURRENT LAW DEBT DISCRETIONARY POWER DISTORTED INCENTIVES E-GOVERNMENT E-MAIL ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC CRISIS ECONOMIC GROWTH ECONOMIC POLICY ELECTRONIC SUBMISSION ENFORCEMENT OF REGULATIONS ENTERPRISE SURVEY ENTERPRISE SURVEYS ENTREPRENEURS ENVIRONMENTAL ENVIRONMENTAL PROTECTION EQUALITY EXCHANGE OF INFORMATION EXCHANGE RATE EXPENDITURE FACILITATION FINANCIAL BURDEN FINANCIAL TERMS FISCAL POLICY FOREIGN INVESTMENT FUNCTIONALITY GLOBAL MARKETS GOVERNMENT AUTHORITIES GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT REGULATIONS ID INCOME GROUPS INFORMATION TECHNOLOGY INNOVATION INSPECTIONS INSTITUTION INSTITUTIONAL FRAMEWORK INSTITUTIONAL REFORMS INSTITUTIONAL SUPPORT INTERNATIONAL BANK INTERNATIONAL BEST PRACTICE INTERNATIONAL CONSULTANT INTERNATIONAL FINANCE IP JURISDICTIONS LABOR FORCE LABOR PRODUCTIVITY LEGAL FRAMEWORK LEGAL REQUIREMENTS LEGAL STATUS LEGISLATION LICENSE LICENSES MANUFACTURING MANUFACTURING INDUSTRY MATERIAL MINISTER MINISTER OF FINANCE MINISTERS NEW TECHNOLOGIES OBSTACLES TO GROWTH PAYMENT SYSTEM POLICY FRAMEWORK POLICY OBJECTIVES PRIVATE ENTERPRISES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRODUCTIVE RESOURCES PROPERTY RIGHTS PUBLIC ADMINISTRATION PUBLIC AGENCIES PUBLIC REGISTRY PUBLIC SECTOR QUERIES RECESSION REGULATORS REGULATORY AUTHORITIES REGULATORY BURDEN REGULATORY COSTS REGULATORY DECISIONS REGULATORY ENVIRONMENT REGULATORY ENVIRONMENT FOR BUSINESS REGULATORY IMPACT REGULATORY IMPACT ASSESSMENT REGULATORY IMPACT ASSESSMENTS REGULATORY POLICIES REGULATORY POLICY REGULATORY REFORM REGULATORY REGIME REGULATORY REGIMES REGULATORY REQUIREMENTS REGULATORY SYSTEM RESULT RESULTS SAFETY SENIOR MANAGEMENT SENIOR MANAGERS SET OF RULES SLA SOCIAL DEVELOPMENT SURCHARGES TECHNICAL KNOWLEDGE TECHNICAL SUPPORT TELEPHONE TIME PERIOD TYPES OF REGULATIONS UNION WEB WWW
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101208014938 http://hdl.handle.net/10986/2950

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Summary:	Removing regulatory obstacles that create barriers to business is a major objective for economic policymakers. There is broad understanding among policymakers and development practitioners that microeconomic reforms aimed at strengthening property rights, unleashing competition, and reducing the cost of doing business are critical to creating a sound investment climate and promoting economic growth (World Bank 2004; World Bank 2005; Lewis 2004). It is also commonly agreed that these changes need to be credible and sustained for private firms to respond by increasing investment and production (World Bank 2005). This report summarizes the findings of three topical studies of the World Bank: Administrative and Regulatory Barriers to Business (volume two) studies the overall burden of regulation for companies in comparison to other new European Union (EU) peers and specifically assesses Information Technology (IT) and manufacturing companies and the role of key stakeholders. The ex-post impact assessment of the act on limiting administrative regulation and administrative control on economic activity (Volume three) makes an assessment of how the act has been enforced, identifies and estimates the impacts of the act, and provides recommendations for amendments. Reforming the regime of state fees (volume four) examines how reforms to the structure of state fees could decrease the regulatory burden for firms.

Better Regulation for Higher Growth : Bulgaria's Business Regulation - Achievements and Recommendations

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