Top 10 countries in doing business 2011

November 9th, 2010 | Posted by iip in Business - (3 Comments)

Looking a fit place to move your businesss in 2011? Here a list of countries providing better place in doing business: it ranked by measuring the ease of doing business index.  If a country ranked in high level, it means that the country has conductive regulatory environment both in starting and operating a local firm.

This 2011 Doing Business index averages the country’s percentile rankings on 9 topics: starting business, dealing with construction permit, registering property, getting credit, protecting investors, paying taxes, trading accross borders, enforcing contracts and closing a business. This Doing Business Index ranks 183 countries, it offers sub-national report and comparisons between selected cities.

Here the list of countries ranked by the ease of doing business.

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Global reform of trade policy will reduce poverty?

September 11th, 2010 | Posted by iip in Business - (Comments Off)

A new working paper published by WorldBank assessed how global reform of trade policy has relation with poverty reduction in Indonesia. The author, Peter Warr from Australian National Universty (ANU), argues the global reform in all commodities is a significant potential source of poverty reduction for Indonesia.

According to Warr, the poor –rural and urban—have a strong interest in global trade policy reform. If Indonesia were to liberalize unilaterally, poverty incidence also would decline but the effect is small. If liberalization is confined to agricultural products, the effects are similar but the declines in poverty incidence within Indonesia are much smaller.

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World Bank helps Indonesia addressing growing electricity demand

July 14th, 2010 | Posted by iip in Energy - (2 Comments)

Approved financing package worth US$ 225 million has been setup to assist Indonesia to meet its growing electricity demand. This financing also provided to make electricity supplies in Java and south-central Sumatra more rialiable. It is expected that the projets will benefit over 56 million people in Java and Sumatra as well as supporting economic growth over the medium to long term.

According to Chris Hoban, Acting Country Director for the World Bank in Indonesia, “A reliable and sustainable supply of electricity is essential for Indonesia to realize its potential as a large middle-income economic power. At present however, Indonesia’s economy is growing at a pace that  exceeds its ability to provide electricity. To keep up with demand, electrification rates would need to grow at a rate of around seven percent per year.”

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