Private Sector Development, Privatization, and Industrial Policy
96 items available
Permanent URI for this collection
Items in this collection
1 - 3 of 3
-
Publication
Creating Markets In Honduras: Fostering Private Sector Development for a Resilient and Inclusive Economy - Country Private Sector Diagnostic
(Washington, DC, 2022-05)Honduras has significant investment potential, with ample productive resources, a solid industrial base, a market-oriented reform agenda, a strategic location with access to many international markets, and a growing labor force. The country’s young and growing population is yielding a demographic dividend, which presents new opportunities for economic growth and diversification, especially in the service sectors such as business-process outsourcing (BPO) and in development of digital financial services (DFS). Honduras’s rich endowment of resources and improving business climate have attracted rising levels of private investment, and the country achieved the second highest tradeto-GDP ratio in the Latin America and the Caribbean region prior to COVID-19 crisis. However, large-scale investment and trade have yet to generate rapid economic growth and robust poverty reduction. The public and private sectors will both play vital roles in Honduras’s economic recovery. Ongoing targeted support will be necessary to address the health and humanitarian consequences of the pandemic, mitigate the resulting increase in poverty and inequality, and support the resumption of economic activity. This Country Private Sector Diagnostic (CPSD) is designed to help guide Honduras’s private sector development agenda in this challenging and rapidly evolving context. -
Publication
Reforming Business Registration in Greece: A Case Study
(World Bank, Washington, DC, 2021-09-13)This case study explores the reforms of the business registration process implemented in Greece since 2005. It identifies lessons that can be valuable for public servants and policymakers in other countries, especially those who are considering reforming their business registration systems. The case study can also be useful to Greek policymakers and practitioners as they reform other areas of the business environment. In 2004, Greek entrepreneurs had to complete several procedures and go through a burdensome court-based process to register a business. Research suggests that streamlining business registration has the potential to support entrepreneurship, encourage the creation of new firms, and reduce informality, but of course needs to be considered in the backdrop of the broader business climate. From this perspective, establishing one-stop shops facilitates the registration of firms, which may be deterred by complex entry regulations. -
Publication
Creating Markets in Vietnam: Bolstering the Private Sector During COVID-19 and Beyond - Relief, Restructuring, and Resilient Recovery
(World Bank, Washington, DC:, 2021-09)The objective of the Vietnam Country Private Sector Diagnostic (CPSD) is to examine opportunities and challenges, both cross-sector and sector-specific, to strengthen private sector development and facilitate investments in Vietnam. The CPSD is closely aligned with the government’s strategic priorities (as outlined in Vietnam’s Socio- Economic Development Strategy [SEDS] 2021-2030 and the Vietnam 2035 report) and World Bank Group policy priorities and programs (WBG Vietnam Country Partnership Framework [CPF] FY18–FY22 and IFC’s Vietnam Country Strategy 2020–22). The CPSD relies on multiple data resources, including knowledge from the literature (including sectoral studies) and from World Bank Group staff, enterprise surveys, high frequency/ real-time data generated by private firms, and interviews and consultations with the private sector, Vietnamese authorities, and other external stakeholders.