Private Sector Development, Privatization, and Industrial Policy

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2018 - 20192
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Author: World Bank Group × Subject: BUSINESS ENVIRONMENT × Topic: Private Sector Development × Item Type: Publication × Region: Europe and Central Asia ×

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    Czech Republic: Assessment of the SME Policy Mix
    (World Bank, Washington, DC, 2019-10-01) World Bank Group
    This report provides an assessment of the policies devoted to supporting small and medium enterprises (SMEs) in the Czech Republic. It presents an original analysis of all national-level SME-related policy instruments, totaling 93 instruments operational from 2013 to 2017 and disbursing 108.5 billion CZK (4.71 billion USD), using an analytical framework that compares the SME policy mix to the country needs (see Annex 1 for framework and methodology). The analysis integrates three interrelated segments: 1) A country needs assessment to determine the national needs for SME policies. The needs assessment included a macro-level analysis of the Czech Republic's performance in productivity and trade; an analysis of national- and firm-level innovation performance; a firm-level analysis of productivity across firm sizes, sectors, and regions (leveraging original data from the Czech statistics office); and an analysis of market and institutional conditions that influence resource allocation and firm productivity. 2) A policy mix analysis to determine if the Czech Republic's SME policy mix matches the needs identified in the country needs assessment. The policy mix analysis included a review of relevant SME policy stakeholders, institutions, and governance; a review of national-level strategies; identification of the characteristics of SME policies instruments (administering agency, mechanism of support, beneficiaries, etc).; and a cluster analysis to evaluate the internal consistency of the policy mix and identify overlaps. 3) Recommended areas for policy action were developed using the needs assessment and policy mix analysis to improve the effectiveness of the policy mix and the business environment.
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    Poland Structural Policies for Competitiveness: Position Paper for Regulatory Policy
    (World Bank, Washington, DC, 2018-08-01) World Bank Group
    Regulatory policy is essential for economic growth and social welfare. Regulations are the rules set by the state to govern the daily life of citizens and businesses. Regulatory policy, the prerogative to establish these rules, is a key lever of state power. Poland has made progress in improving the quality of its regulatory processes, but important challenges remain. High quality regulations are essential for a sound legal framework based on certitude, legality, and transparency. The strategy for responsible development (SRD) recognizes the importance of regulation to stimulate economic activity in Poland. As the main policy document for economic transformation, the SRD identifies shortcomings in the current development model and makes proposals on how to address them. The strategy offers a good starting point to identify areas in which the World Bank could engage with the Government of Poland to further support the efforts to strengthen a sound regulatory environment for business. This position paper aims at: (i) assessing some of the current efforts made by the Government of Poland in terms of regulatory policy, particularly affecting business; and (ii) identifying areas of potential engagement between the World Bank and the Government of Poland.