Carlos Kuriyama and Azul Ogazón
APEC Leaders in 2009 endorsed an APEC-wide improvement of 25 percent by 2015 in five key areas of doing business: 1) Starting a Business; 2) Getting Credit; 3) Enforcing Contracts; 4) Trading Across Borders; and 5) Dealing with Permits, with an interim 5 percent improvement by 2011. A quantitative assessment based on the World Bank’s Doing Business indicators from 2009-2010, the latest data available, shows APEC is making good progress toward the 5 percent interim improvement target by the end of 2011. In the absence of 2011 data in September and early October 2011 when this report was completed, this interim assessment uses a pro rata benchmark of 2.5 percent to evaluate APEC’s progress. APEC’s combined improvement across the five priority areas between 2009 and 2010 is equivalent to 2.8 percent, exceeding the pro rata benchmark. APEC demonstrated the third best improvement among nine key regional and economic blocks.
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