Sarajevo, April 23, 2008 – Doing Business, a World Bank and IFC’s project, has presented awards to seven partners of the project in Bosnia and Herzegovina: Advokati Salih & Kerim Karabdic; Law Office of Emir Kovačević; Branko Marić Law Office; Lansky, Ganzger & Partner d.o.o.; DLA Piper Weiss –Tessbach; Lawyers’ Office Bojana Tkalcic-Djulic & Olodar Prebanic; and LRC Credit Bureau. The firms were recognized for their continuous efforts in providing methodological support and information for the Doing Business report. They are part of a network of over 5,000 local experts – business consultants, lawyers, accountants, government officials, and leading academics around the world participates in the creation of Doing Business’ annual report.
Marco Mantovanelli, World Bank Country Manager, who delivered the awards at the ceremony today, pointed out that the purpose of Doing Business is not to evaluate and grade the performance of countries, but instead it identifies problems and highlights successful solutions. ”The comparative nature of the Doing Business survey shows that even poor developing countries can change the way they regulate business activity and reap the rewards of increased investment and employment,” added Mantovanelli. Ivana Ćurić, IFC Country Officer, pointed out that, beyond the report’s diagnostic function, Doing Business promotes reforms of the way the governments treat businesses, which are the key engines of sustainable economic development. Mrs. Ćurić said that “not only that Doing Business reveals what difficulties and obstacles entrepreneurs face, but we also discover that the regulatory role can be exercised in friendlier and more efficient ways."
In the global Doing Business 2008 report, BiH is ranked 105 out of 178 economies on the overall ease of doing business.
About Doing Business
Doing Business 2008 ranks 178 economies on the ease of doing business. The rankings are based on 10 indicators of business regulation that track the time and cost to meet government requirements in business start-up, operation, trade, taxation, and closure. The rankings do not reflect such areas as macroeconomic policy, quality of infrastructure, currency volatility, investor perceptions or crime rates. Since 2003, Doing Business has contributed to more than 100 reforms around the world. The data, methodology, and the names of contributors are publicly available online at www.doingbusiness.org
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