World Bank to Evaluate Local Regulations in Five Croatian Towns

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The towns in question are Osijek, Rijeka, Split, Varaždin and Zagreb.

A new study will assess local business regulations affecting companies in five Croatian towns, announced today the World Bank Group, the Ministry of Economy, Entrepreneurship and Crafts, and the Investment and Competitiveness Agency, reports N1 on October 24, 2017.

The towns in question are Osijek, Rijeka, Split, Varaždin and Zagreb.

The report, expected to be published in mid-2018, will analyse business regulations and identify good practices in five areas: establishing companies, issuing building permits, availability of electricity, property ownership registration, and respecting contract provisions.

The study, funded by the European Commission’s Directorate General for Regional and Urban Policy, will also include three other European Union member states: the Czech Republic, Portugal and Slovakia.

The subnational study is based on the annual report of the World Bank Group – Doing Business – and will examine the experiences of small and medium-sized local companies in selected towns. The analysis will identify good practices and make recommendations for reforms based on examples from Croatia and 189 other economies measured in the Doing Business rankings. The results will help all levels of government to implement changes aimed at improving the conditions for doing business in Croatia.

“The five selected Croatian towns are important drivers of the economy in their regions. We hope that by presenting positive examples from these towns and by emphasising the best practices, we will motivate and encourage other Croatian local authorities to help small and medium-sized businesses. This important study can provide information for national debates as well, and give impetus to efforts to incorporate the most successful solutions into national policies to further improve the business environment,” said Elisabetta Capannelli, head of the World Bank office for Croatia.

Subnational Doing Business reports track local differences in business regulations and their application in multiple locations in a country or a region. The reports provide data on ease of doing business in selected areas, ranking every location, and recommending reforms to improve the business environment at the local level in each area.

Since 2005, the Subnational Doing Business initiative has carried out assessments in 400 towns located in 71 countries.

Translated from N1.


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