- The study Subnational Doing Business of the World Bank Group seeks to identify best regulatory practices
- It is part of the Strategic Plan for the Internationalization of the Spanish Economy 2014-2015
The World Bank Group will analyze the business climate in 19 Spanish cities (the most populated in each autonomous community plus Ceuta and Melilla) and will include it in the study Doing Business in Spain. This is reflected in the agreement reached between the World Bank Group and the Ministry of Economy and Competitiveness, through ICEX, presented today at the meeting of the Committee for the Improvement of Regulation, which brings together representatives of the ministry, from the communities autonomous and municipalities.
This exercise responds to the mandate of the Entrepreneurs Law, which establishes that the Ministry of Economy and Competitiveness will promote the development and publicity of business climate indicators. It is also included in the Strategic Plan for the Internationalization of the Spanish Economy 2014-2015. In addition, it responds to the recommendations of the International Monetary Fund and the European Commission to improve the business climate and facilitate the activity of companies in Spain.
The project – co-financed by the European Regional Development Fund (FEDER) with 72% – will measure state, regional and local procedures in the life stages of a company in the most populated cities of each autonomous community plus Ceuta and Melilla. The procedures for exporting and importing goods through the five main ports of Spain will also be measured.
Specifically, five indicators of the standard methodology will be calculated Doing Business: opening a business, obtaining electricity, obtaining construction permits, property registration and cross-border trade.
In addition, the study will be completed with an annex that will analyze the market unit and that will measure the ease of opening a company in the industrial sector. These areas of study will facilitate the monitoring of the reforms carried out in these areas and will allow a more in-depth study of the processing of licenses such as environmental ones.
The objectives of the report are mainly:
- Identify best regulatory practices and promote their exchange
- Promote structural reforms.
The World Bank Group publishes the study annually Doing Business Comparing the regulation that affects small and medium-sized companies in 189 world economies. Sub-national studies analyze trade regulations and the ease of doing business, identify good practices and recommend reforms.
For more information on the methodology, it is recommended to visit:
www.doingbusiness.org/subnational
or contact the communication department of the World Bank Group:
Nadine Shamounki Ghannam
Senior Communications Officer
Development Economics and Chief Economist Washington, DC
Tel .: +1 202 4733011
E-MAIL: nsghannam@ifc.org
Ibtissam Alaoui
External and Corporate Relations
World Bank Rome Office
Tel: +39 06 777101
E-MAIL: ialaoui@worldbank.org