In MENA, 50 percent of surveyed firms regard regulatory policy uncertainty as an obstacle and 35 percent as a "severe" or "major" obstacle to their firms' growth. Regulatory uncertainty is perceived as one of the biggest obstacles to growth in MENA, along with competition from the informal sector, access to finance, and macroeconomic uncertainty. This report presents evidence that MENA firms' aversion to regulatory uncertainty is predominantly about...
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DETAILS
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2014/07/01
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91704
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3
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2014/10/24
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Disclosed
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Distorted dynamics : the impact of policies on firm dynamics and job creation
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private sector job creation
Citation
Distorted dynamics : the impact of policies on firm dynamics and job creation (Vol. 3 of 5) (English). World Bank MENA regional issues brief : jobs or privileges ; no. 3 Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/525141468052820342