Doing Business in Kenya 2010 is a new sub-national report of the Doing Business series on the sub-Saharan African region, following the sub-national Doing Business report on Doing Business in Kenya 2010 provides a quantitative measure of the national and local regulations for starting a business, dealing with construction permits, registering property and enforcing contracts as they apply to domestic small and medium-size enterprises.
A fundamental premise of Doing Business is that economic activity requires good rules. These include rules that establish and clarify property rights and reduce the costs of resolving disputes, rules that increase the predictability of economic interactions and rules that provide contractual partners with core protections against abuse.
The objective is:
- Regulations designed to be efficient
- To be accessible to all who need to use them
- To be simple in their implementation
Accordingly, some Doing Business indicators give a higher score for more regulation, such as stricter disclosure requirements in related-party transactions. Some give a higher score for a simplified way of implementing existing regulation, such as completing business start-up formalities in a one-stop shop.
Doing Business in Kenya 2010 encompasses 2 types of data. The first come from readings of laws and regulations. The second are time and motion indicators that measure the efficiency in achieving a regulatory goal (such as granting the legal identity of a business). Within the time and motion indicators, cost estimates are recorded from official fee schedules where applicable.
0 comments:
Post a Comment