Since investment climate reforms in developing countries started gaining traction in the 1990s, most efforts have focused on issues at the national level, achieving varying degrees of success for reasons that are relatively well understood. This handbook provides an overview of efforts and...

This paper examines the general purpose licensing imposed by central or local authorities, and the need to eliminate unnecessary licensing regulations imposed on businesses. This paper does not address the issue of reform of sector-specific or professional licensing regulation, but provides...

This report shows how business registers employ information and communication technology (ICT) to perform their functions more efficiently while at the same time providing businesses with more user-friendly services. Particular attention is paid to achieving innovative solutions, that is,...

The insurance industry in Turkey is a small but growing part of the economy. In 2015, the sector comprised less than 3 percent of all financial services sector assets. From 2006 until 2015, however, gross premiums written grew at an average annual rate of approximately 22 percent (7.4 percent at...

This assessment of the current state of implementation of the Basel Core Principles for Effective Banking Supervision (BCPs) in Turkey has been completed as a part of a Financial Sector Assessment Program (FSAP) undertaken by the International Monetary Fund (IMF) and the World Bank during 2016....

Financial infrastructure is the underlying foundation of a country’s financial system. It comprises all institutions, the rules, and standards of all the systems which enable financial intermediation. The quality of a country’s financial infrastructure determines the efficiency of...

This report was designed to provide senior Russian policymakers with a comprehensive and practical analysis of energy efficiency in Russia: potential, benefits, and recommendations on how to fully tap into this resource. Shortly after his inauguration, President Medvedev made several public...

This document presents the Country Partnership Framework (CPF) for the World Bank Group (WBG) for Indonesia, covering the period FY2021-FY2025. The CPF builds on past successes and blends continuity of the past strategy with change. The past strategy began shifting towards supporting private...

To provide economic opportunities for its growing population, Nigeria needs to unlock private investment and job creation, and further the structural transformation and diversification of its economy. The low levels of human capital and the slow progress on diversification reflect and also...

Guatemala is at an historic juncture, following a political and institutional crisis in 2015, a newly elected government is starting to take on deep-rooted development problems. The crisis was triggered by the uncovering of a corruption scheme that permeated the tax administration...