Doing Business In The Czech Republic - An Assessment Of Institutional Quality

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Doing Business In The Czech Republic - An Assessment Of Institutional Quality

Author Info

Anna Kadeřábková
Václav Šmejkal

Abstract

The paper presents results of World Bank survey in 2005 undertaken within the project Doing Business, with special regard to the Czech Republic position. Doing business conditions are assessed particularly according to the regulation burden and its impacts on entrepreneurship. The structure follows ten indicators of doing business conditions covered in the survey in 2005: starting and closing a business, dealing with licenses, hiring and firing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts. The paper includes explanation of the specific features of the Czech Republic legislation, and already undertaken, recommended or prepared changes directed to improvement of most critical points. Moreover, there are presented the relations between regulation quality and other economic and institutional indicators: tax burden, economic freedom and corruption levels.

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Article provided by University of Economics, Prague in its journal Politická ekonomie.

Volume (Year): 2007 (2007)
Issue (Month): 2 ()
Pages: 164-182
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Handle: RePEc:prg:jnlpol:v:2007:y:2007:i:2:id:595:p:164-182

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Find related papers by JEL classification:
O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
O50 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - General
P48 - Economic Systems - - Other Economic Systems - - - Other Economic Systems: Political Economy; Legal Institutions; Property Rights

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