|
The
analysis of firm-level data collected through
parallel international enterprise surveys can
reveal important linkages between governance
constraints and business growth and investment.
The World Business Environment Survey (WBES),
an initiative led by the World Bank Group in
1999 and 2000, collected enterprise data from
more than 10,000 firms in 80 countries and one
territory. Econometric analysis of responses
to that survey points to a strong association
between corruption, financing, regulatory and
tax constraints, policy uncertainty, and protection
of intellectual property rights with firm-level
performance, as measured by sales and investment
growth and participation in the formal economy.
Investment
Climate Around the World presents the core
WBES questionnaire and survey findings, and
confirms the significance of key country conditions
on firm performance and behavior. The findings
provide a basis for regional comparison¾-but
suggest the need for caution when averaging
across categories, especially in light of country
conditions that can significantly affect firm-level
sales and investment.
The
enclosed CD-ROM provides the complete WBES core
database, with firm-level data, country and
variable code lists; an interactive tool that
allows users to configure and analyze graphs
depicting global or country-specific results;
and links to Web-based analytical tools.
Purchase
Investment
Climate Around the World online through
the World Bank Bookstore.
Access
the interactive World Business Environment Survey
dataset
Access
the World Business Environment Survey website
|
