The World Bank's Summary of Indonesia's Business Reforms

736 Words Feb 3rd, 2018 3 Pages
In general, the ease of doing business in a target country should be at the forefront of the investigation purpose. This includes various factors, including the cost and ease of starting a new business, commercial regulations and costs, and material efforts such as establishing property rights, electricity, and other basic necessities of operating the business. While Indonesia has made several improvements to its business processes, the country remains somewhat challenging for new business entrants. Indonesia is situated in the East Asia and Pacific region. Its mean income category ranks in the lower middle class for a population of 232,516,771. The GNI per capita in US dollars I $2,580,00. Out of 183 economies, the ease of doing business in the country ranks at 129, which is three positions down from its rank in 2011, which was at 126. Before entering Indonesia, a business will therefore have to be well established and have both the capital and drive to take considerable trouble to establish its new position in the country (The World Bank, 2012). The World Bank's (2012) investigation of 14 cities in the country revealed some key information about the changes of starting a business in Indonesia. The first main finding was that 22 business reforms were made across the country to make it easier to start and operate a business in…
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