Documents/GII2013/1: Institutions/Sub-Pillar 1.3: Business Environment

Sub-Pillar 1.3: Business Environment

Other Information:

The business environment sub-pillar expands on three aspects that directly affect private entrepreneurial endeavours by using the World Bank indices on the ease of starting a business; the ease of resolving insolvency (based on the recovery rate recorded as the cents on the dollar recouped by creditors through reorganization, liquidation, or debt enforcement/foreclosure proceedings); and the ease of paying taxes.

Indicator(s):