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Studying the Ease of Doing Business and Comparing its difference between Korea and China

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Governments play a crucial role in supporting a dynamic ecosystem for firms. The Doing Business project aims to deliver a body of knowledge that will catalyze reforms and help improve the quality of the rules underpinning the activities of the private sector. the Republic of Korea and the china have made good practices in business regulations. In 2002,the World Bank Group outlined a new strategy for tapping private initiative to reduce poverty. Although macro policies are unquestionably important, there is a growing consensus that the quality of business regulation and institutions that enforce it are a major determinant of prosperity, a good regulatory environment is also important. Doing Business is a series of annual reports investigating the scope and manner of regulations that enhance business activity and those that constrain it. The Doing Business project aims to advance the World Bank Group's private sector development agenda: (1)Motivating reforms through country benchmarking; (2)Informing the design of reforms;(3)Enriching international initiatives on development effectiveness; (4)Informing theory. The indicators in the Doing Business represent a new approach to measurement. The focus is on domestic small and medium-size companies. The analysis is based on assessments of laws and regulations, with input from and verification by local experts who deal with practical situations of the type covered in the reports.

Abstract

1. What is about Doing Business

2. Comparison to the Ease of Doing Business between the Republic of Korea and the china

3. Conclusion

References

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