Ease of Doing Business and Wealth Creation

Abstract

This chapter is written as a conceptual document, trying to explain how the Ease of Doing Business (EDB) and the regulatory framework developed by governments can help to decrease poverty or to increase wealth in a given country. It explains the 10 most important variables analyzed by the World Bank in its EDB research project. This chapter also cites and provides comments on the journal papers that support the research methodology used by the World Bank. It also provides the reader with a conceptual literature review on EDB, it analyzes separated data by geographical regions and suggests conceptually country factors which could influence on the Ease of Doing Business in the future, being this factor of capital importance for governments interested in wealth creation and economic growth. The main goal of the chapter is to help the reader to identify the most crucial issues when evaluating EDB and its impact on economic performance and consequently on poverty reduction.

Could the Ease of Doing Business be considered a predictor of countries' Socio-Economic Wealth? An empirical analysis using PLS-SEM

“…Factors involved in determining the socioeconomic level development of nations are common subjects in a large number of research studies to date. However, this area still requires further analysis (Mongay, 2018). Specifically, a government role as facilitator of enterprises' creation is identified as the key issue for economic growth of regions (Ruiz, Cabello and Pérez-Gladish, 2018).…”