Unifeed

UN / DOING BUSINESS REPORT

Despite the impact of the global financial crisis, a record number of countries made it easier for business by reforming regulations in the past year. That's a key finding of the IFC and the World Bank's Doing Business 2010 report, which found developing countries have taken the lead in reforms to make doing business easier. WORLD BANK
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00:03:20
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Description

STORY: UN / DOING BUSINESS REPORT
TRT 3.20
SOURCE: WORLD BANK
RESTRICTIONS: NONE
LANGUAGE: ENGLISH/ NATS

DATELINE: 9 SEPTEMBER 2009, WASHINGTON DC/ FILE

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Shotlist

2007, RWANDA

1. Wide shot, men walking
2. Med shot, vendors
3. Wide shot, people walking

9 SEPTEMBER 2009, WASHINGTON DC

4. SOUNDBITE (English) Penelope Brook, Acting Vice President for Financial and Private Sector Development for the World Bank Group:
“Rwanda jumped 76 places in the rankings this year to number 67. They reformed in 7 of the areas that we measure in Doing Business.”

2007, RWANDA

5. Wide shot, ladies standing in front of shop
6. Wide shot, row of shops
7. Med shot, ladies in front of shops
8. Aerial shot, property
9. Aerial shot, property

JUNE 2008, MONROVIA, LIBERIA

10. Wide shot, people and taxis
11. Med shot, street shot of people and cars

2009, EGYPT

12. Tilt down, women sewing in factory

2008, KYRGYZ REPUBLIC

13. Med shot, man and women consulting a lady

2009, TAJIKISTAN

14. Med shot, man at ATM
15. Wide shot, women on street

2009, MOLDOVA

16. Med shot, people

2008, KYRGYZ REPUBLIC

17. Close up, flour in sacks with price signs
18. Med shot, grain in sacks with price signs
19. Pan right, bread vendor

9 SEPTEMBER 2009, WASHINGTON DC

20. SOUNDBITE (English) Penelope Brook, Acting Vice President for Financial and Private Sector Development for the World Bank Group:
“What’s important about this is as countries look at recovering from the crisis, as they look at the capacity of their domestic business, to rebuild and recreate jobs, business regulation is an important piece of the picture. It’s the kind of things that countries are doing to improve business regulation that we’re picking up in Doing Business, we see as things that help put their businesses in slightly better stead to recover from the crisis.”

2009, TAJIKISTAN

21. Med shot, people
22. Wide shot, people walking in a square

2009, EGYPT

23. Med shot, men in a meeting
24. Close-up, women
25. Pan right, women in a textile workshop

2009, MOLDOVA

26. Close up, bank sign
27. Wide shot, bank and shops

JUNE 2008, KYRGYZ REPUBLIC

28. Med shot, market

2009, ROMANIA

29. Tilt up, building

2008, JORDAN

30. Wide shot, highway
31. Wide shot, family crossing the street
32. Wide shot, shops
33. Wide shot, shops

2009, BRAZIL

34. Med shot, men
35. Wide shot, people at gas station

2008, COLOMBIA

36. Med shot, street vendor
37. Med shot, people
38. Med shot, female shopkeeper
39. Wide shot, road and vehicles
40. Wide shot, construction, road and vehicles

2006, SINGAPORE

41. Zoom out, Singapore lion statue
42. Wide shot, people walking
43. Wide shot, people walking
44. Wide shot, building downtown
45. Med shot, women using computer
46. Med shot, man using laptop

9 SEPTEMBER 2009, WASHINGTON DC

47. SOUNDBITE (English) Penelope Brook, Acting Vice President for Financial and Private Sector Development for the World Bank Group:
“What’s important though in this year’s report is we’re seeing a lot of reforms in all regions. At least 60 percent of countries in every region that we cover did make at least one Doing Business reform this year. And reformers are spread throughout the income spectrum.”

2006, SINGAPORE

48. Wide shot, people walking

2009, TAJIKISTAN

49. Wide shot, market vendor

2007, RWANDA

50. Wide shot, street

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Storyline

Despite the impact of the global financial crisis, a record number of countries made it easier for business by reforming regulations in the past year. That’s a key finding of the International Finance Corporation (IFC) and the World Bank’s Doing Business 2010 report, which found developing countries have taken the lead in reforms to make doing business easier.

For the first time, Rwanda is the world’s leading reformer despite the fallout from the global financial crisis. It is the first Sub-Saharan African country to be named a top reformer in the report.

SOUNDBITE (English) Penelope Brook, Acting Vice President for Financial and Private Sector Development for the World Bank Group:
“Rwanda jumped 76 places in the rankings this year to number 67. They reformed in 7 of the areas that we measure in Doing Business.”

Entrepreneurs can now start a business in two procedures and three days, and more obtain credit by using a wide range of assets as collateral. Rwandans can also register property in 225 less days than it used to take.

Liberia, another Sub-Saharan country, is also among the top ten reformers, along with Egypt, Moldova, Kyrgyz Republic and Tajikistan. Developing countries leading the reforms cut red tape and simplified bureaucratic formalities, making it easier for businesses to get off the ground.

The Doing Business report also found the pace of reform increased, reflecting a commitment by countries to weather the effects of the crisis.

SOUNDBITE (English) Penelope Brook, Acting Vice President for Financial and Private Sector Development for the World Bank Group:
“What’s important about this is as countries look at recovering from the crisis, as they look at the capacity of their domestic business, to rebuild and recreate jobs, business regulation is an important piece of the picture. It’s the kind of things that countries are doing to improve business regulation that we’re picking up in Doing Business, we see as things that help put their businesses in slightly better stead to recover from the crisis.”

Regionally, Eastern Europe and Central Asia – hard hit by the financial crisis- was the fastest reforming region for the sixth year in a row, while the Middle East and North Africa has the largest increase in reforms.

In both regions, competition among neighbors motivated reforms. In Eastern Europe and Central Asia, obtaining credit is now much easier. Among adults, almost all Serbians, three quarters of Croatians and a third of Kazakhs and Romanians now have credit history. Five years ago, none did.

Minimum capital requirements have been reduced or eliminated in eight Middle Eastern and North African countries. Egypt, Jordan and Morocco were among those operating one stop shops for starting a business.

Trading across borders, obtaining construction permits and enforcing contracts in court all became easier in that region too.

Nineteen of the 32 economies in Central America and the Caribbean also reformed with Colombia, Guatemala and Peru each reforming in at least four areas. And 3 Caribbean island states reformed for the first time.

Meanwhile, Singapore retained its rank as the easiest place to do business with New Zealand and Hong Kong trailing closely behind.

The consistent reformer continued with reforms enabling online applications for construction permits and property transfer.

SOUNDBITE (English) Penelope Brook, Acting Vice President for Financial and Private Sector Development for the World Bank Group:
“What’s important though in this year’s report is we’re seeing a lot of reforms in all regions. At least 60 percent of countries in every region that we cover did make at least one Doing Business reform this year. And reformers are spread throughout the income spectrum.”

The reforms measured by Doing Business can play a critical role in encouraging growth among small and medium-size enterprises and enable economies to recover from the crisis.

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