News archive - New Doing Business Report on South East Europe
Doing Business in South East Europe 2008 covers 22 cities in seven economies: Albania, Bosnia and Herzegovina, Croatia, Kosovo, FYR Macedonia, Montenegro, and Serbia. The subnational report provides detailed data on business regulation, and benchmarks four areas of regulation that are subject to local jurisdiction and enforcement: starting a business, obtaining licenses, registering property, and enforcing contracts.
The report was directed by FIAS, a multidonor investment climate advisory service of the World Bank Group. It was produced with financial support from IFC, the U.S. Agency for International Development, and Switzerland’s State Secretariat for Economic Affairs (SECO). It is based on the efforts of more than 224 lawyers, accountants, architects, contractors, accountants, engineers, property specialists, and national and local public officials. For more information or to download the report, visit [www.doingbusiness.org/SEE].
One of the big findings from the report is that the cities of South East Europe don't have to look far for models of reform - there are already a number in the region. Bitola (FYR Macedonia) came out on top as the easiest city to do business. Business start-up in Bitola is both fast and cheap. Starting a business requires only 8 procedures and 10 days at a cost of 3.9 percent of income per capita. Shkodra (Albania) is another good example with six procedures, seven days, and a cost of 25.7 percent of income per capita to start a business.
Entry created by Elke Dall on July 22, 2008
Modified on July 22, 2008
