August 28, 2008 - The European Bank for Reconstruction and Development and the World Bank are pleased to announce the launch of the fourth round of the Business Environment and Enterprise Performance Survey (BEEPS) - a joint initiative of the European Bank for Reconstruction and Development (EBRD) and the World Bank Group (the World Bank) in Russia. The objective of the survey is to provide feedback from enterprises on the state of the private sector in countries of operation by assessing the constraints to private sector growth and creating statistically significant business environment indicators that are comparable across countries through interviews with firms in the manufacturing and services sectors.
In this fourth round of BEEPS, the questionnaire is comparable with the World Bank's Enterprise Survey Initiative, which is implemented around the globe using a standardized questionnaire adapted to the reality of each country. Comparisons on topics included in the questionnaire, such as the adoption of technology and innovation, competition, the qualification of the workforce, informality, access to financial services, infrastructure and the impact of government regulations, will now be possible not only with countries in Central Eastern Europe and Central Asia, but also with countries in other parts of the world.
In addition to gathering data to provide year-to-year, cross-country business environment measures, the Business Environment and Enterprise Performance Survey will re-visit previously interviewed establishments in order to compile comprehensive panel data. A panel data set will allow researchers to track changes in the business environment, to measure the effect of these changes on establishment performance over time and to make assessments on the effects of reforms on the business environment.
Local private market research companies contracted to carry out the data collection will begin interviews on randomly selected firms in the week of August 25 and will continue working during the months of September, October, November and December. Preliminary results of the survey are expected in 2009. These results together with additional information from other research constitute a source of policy recommendations to the government for the promotion of investment, productivity and economic growth.
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