It’s been fifteen years since the launch of the Doing Business Indicators, which is a program provided by The World Bank that measures the number of steps, regulations, and costs related to the opening, running and closing of a "formal" company. Dr. Juan Jose Daboub, Former Minister of Finance of El Salvador and Former Managing Director at the World Bank Group; and Daniele E. Runde, Project Director of Prosperity and Development at the Center for Strategic and International Studies (CSIS) recapped the benefits that the program has provided over the years, in an article in ABC, one of Spain's leading national newspapers.
In the article, Dr. Daboub talked about his past work as the Minister of Finance of El Salvador and how Doing Business helped guide the Government’s plan. “We achieved a more competitive private sector even in those countries more advanced than ours,” he wrote.
Furthermore, he discusses the value of Doing Business as a tool of economic impact, addresses its history of controversy, it’s value to job creation, as a public good and more.
“Doing Business has played a positive role for small, medium and large entrepreneurs to do business formally and generate employment around the world.”
Read the article (in Spanish): http://www.abc.es/economia/abci-referencia-elimina-barreras