ABSTRACT

Conceptually and in terms of data availability, the last set of issues is rather different from the first three groups. Hence the discussion is divided into two parts: this chapter deals with regulations and the infrastructure problems, and their importance, relative to other problems of the economic landscape. The issues of contract enforcement are discussed in Chapter 8.

Evidence on the Relative Importance of Different Obstacles The usual way of assessing the importance attached by entrepreneurs to the different classes of problems hampering their activities is through structured questionnaires addressed to managers, inviting them to attach scores to specific problems in order of their severity. The RPED surveys included a set of these questions in their questionnaires. But before we discuss the material thrown up by these surveys, it might be useful to report on an ambitious world-wide survey conducted through mailed questionnaires by the World Bank.