Our contribution to the 2022 edition of the Doing Business
Cobzac & Partners contributed to the 2022 edition of the Doing Business research, the World Bank Group’s flagship publication that benchmarks business regulations in 191 economies. This is the 9th time the team has had the privilege to participate in the Doing Business project.
In this year’s edition, the team’s input consisted of providing its expertise in several areas, namely:
- The Getting Credit – Legal Rights indicator in Moldova – which measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders;
- The Resolving Insolvency indicator in Moldova – focused on the assessment of the cost and outcome of insolvency proceedings, as well as the quality of the insolvency laws and regulations;
- The Enforcing Contract indicator in Moldova – measuring the time and cost to resolve a standardized commercial dispute as well as a series of good practices in the judiciary.
In recognition of the team’s contribution to the Doing Business 2022 report, the World Bank Group presented Cobzac & Partners with Certificates of Appreciation.
Doing Business measures aspects of business regulation affecting domestic small and medium-size firms defined based on standardized case scenarios and located in the largest business city of each economy.
It captures several important dimensions of the regulatory environment as it applies to local firms. It provides quantitative indicators on regulation for starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency, also measuring features of labor market regulation.
Doing Business data are widely used by governments, researchers, international organizations and think tanks to guide policies, conduct research and develop new indexes.