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1. Home
B-READY 2024 IS NOW RELEASED!
WATCH THE LAUNCH EVENT
LATEST REPORT
Download economy profile (PDF) On selection, leaving this page
Download economy profile (PDF)
* Bangladesh
* Barbados
* Bosnia and Herzegovina
* Botswana
* Bulgaria
* Cambodia
* Central African Republic
* Chad
* Colombia
* Costa Rica
* Côte d'Ivoire
* Croatia
* El Salvador
* Estonia
* Gambia, The
* Georgia
* Ghana
* Greece
* Hong Kong SAR, China
* Hungary
* Indonesia
* Iraq
* Kyrgyz Republic
* Lesotho
* Madagascar
* Mauritius
* Mexico
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* Pakistan
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* Philippines
* Portugal
* Romania
* Rwanda
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* Seychelles
* Sierra Leone
* Singapore
* Slovak Republic
* Tanzania
* Timor-Leste
* Togo
* Vanuatu
* Viet Nam
* West Bank and Gaza
* Business Ready (B-READY) 2024
Business Ready (B-READY) 2024 report assesses the regulatory framework and
public services directed at firms, and the efficiency with which regulatory
framework and public services are combined in practice.
* Executive Summary
* Reproducibility Package
* Download Data
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Our Mission
Project Milestones
Meet the B-READY Team
FAQ
EXPLORE DATA
Map viewGrid view
Select topic or pillar to see data
Make map selection:
* Topics
* Pillars
* Business Entry
* Business Location
* Utility Services
* Labor
* Financial Services
* International Trade
* Taxation
* Dispute Resolution
* Market Competition
* Business Insolvency
TOPIC BRIEFS
Business Entry
Utility Services
Business Location
Labor
Financial-services
International Trade
Taxation
Dispute Resolution
Market Competition
Business Insolvency
HIGHLIGHTS
B-READY Manual and Guide
The protocols, processes, safeguards, and resources related to the end-to-end
production of the B-READY data and reports
B-READY Manual and Guide
B-READY Methodology Handbook
The project’s detailed measurement methodology topic by topic
B-READY Methodology Handbook
Economies covered by B-READY
The first three editions of the B-READY pilot report will gradually cover about
180 economies worldwide
Economies covered by B-READY
Video: World Bank Expert Answers
Business Ready: What Do Economies Need To Do To Enable Businesses To Thrive?
Video: World Bank Expert Answers
TRUE OR FALSE?
General Business Entry Business Location Utility Services Labor Financial
Services International Trade Taxation Dispute Resolution Market Competition
Business Insolvency
Select Topic
True or FalseOn selection, leaving this page
General
* General
* Business Entry
* Business Location
* Utility Services
* Labor
* Financial Services
* International Trade
* Taxation
* Dispute Resolution
* Market Competition
* Business Insolvency
General Questions
Economies need to be rich to have a strong business environment.
TRUE FALSE
Correct! This is FALSE. B-READY shows that economies of all income levels can
have strong business environment.
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Incorrect! This is FALSE. B-READY shows that economies of all income levels can
have strong business environment.
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You have answered all General questions. Try another topic to learn more!
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General Questions
Most economies have room to improve across all B-READY topics.
TRUE FALSE
Correct! This is TRUE. No economy scores the maximum in any topic. There is a
large diversity across economies in adopting and implementing good practices,
showing potential for improvement in all areas.
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Incorrect! This is TRUE. No economy scores the maximum in any topic. There is a
large diversity across economies in adopting and implementing good practices,
showing potential for improvement in all areas.
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You have answered all General questions. Try another topic to learn more!
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General Questions
The amount and quality of public services provided by governments are similar
across economies.
TRUE FALSE
Correct! This is FALSE. Public services vary greatly between economies,
indicating different levels of government support for businesses to grow and
expand.
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Incorrect! This is FALSE. Public services vary greatly between economies,
indicating different levels of government support for businesses to grow and
expand.
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You have answered all General questions. Try another topic to learn more!
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General Questions
Economies are better at enacting regulations than providing public services.
TRUE FALSE
Correct! This is TRUE. Nearly all economies score higher in regulatory
frameworks than in public services.
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Incorrect! This is TRUE. Nearly all economies score higher in regulatory
frameworks than in public services.
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General Questions
Economies with favorable business environment in one topic tend to perform well
in others.
TRUE FALSE
Correct! This is TRUE. Economies that do well in one area of the business
environment usually perform well in other areas too. Conversely, poor
performance in one area often means poor performance in others.
Explore Data Next Question
Incorrect! This is TRUE. Economies that do well in one area of the business
environment usually perform well in other areas too. Conversely, poor
performance in one area often means poor performance in others.
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Impressive! You've tackled every question across all sections. Take your
knowledge even further by exploring the data and uncovering more trends!
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Business Entry Questions
Robust environments for starting up a company only exist in high-income
economies.
TRUE FALSE
Correct! This is FALSE. Many low- and middle-income economies show high scores
on Business Entry. A robust environment for establishing firms can exist at all
income levels.
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Incorrect! This is FALSE. Many low- and middle-income economies show high scores
on Business Entry. A robust environment for establishing firms can exist at all
income levels.
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Business Entry Questions
On average, it takes more time to incorporate a foreign firm than a domestic
firm.
TRUE FALSE
Correct! This is TRUE. Incorporating a firm with foreign ownership takes, on
average, 7.47 days longer than incorporating a firm with domestic ownership
(considering the sample of surveyed economies).
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Incorrect! This is TRUE. Incorporating a firm with foreign ownership takes, on
average, 7.47 days longer than incorporating a firm with domestic ownership
(considering the sample of surveyed economies).
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Business Entry Questions
None of the covered economies shows a weak performance in the business entry
regulations.
TRUE FALSE
Correct! This is TRUE. For Business Entry, within the subset of economies
assessed, no economy presents a weak performance in the Regulatory Framework
pillar (Pillar I). All B-READY 2024 economies have regulatory framework that
aligns closely with international good practices and facilitates entrepreneurial
activity by minimizing unnecessary restrictions.
Explore Data Next Question
Incorrect! This is TRUE. For Business Entry, within the subset of economies
assessed, no economy presents a weak performance in the Regulatory Framework
pillar (Pillar I). All B-READY 2024 economies have regulatory framework that
aligns closely with international good practices and facilitates entrepreneurial
activity by minimizing unnecessary restrictions.
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Business Entry Questions
Economies tend to perform worse on Business Entry than on other B-READY topics.
TRUE FALSE
Correct! This is FALSE. Business Entry has the highest average score (67 points
out of 100) across all topics.
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Incorrect! This is FALSE. Business Entry has the highest average score (67
points out of 100) across all topics.
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Business Entry Questions
Most economies lack legislation on beneficial ownership requirements.
TRUE FALSE
Correct! This is FALSE. Most of the economies surveyed already adopted
beneficial ownership legislation. Beneficial ownership requirements are a new
area covered and measured by the Business Entry topic. Mandatory beneficial
ownership requirements are good practice that can help prevent the misuse of
corporate vehicles for illicit purposes and promote a safe environment for
business start-ups.
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Incorrect! This is FALSE. Most of the economies surveyed already adopted
beneficial ownership legislation. Beneficial ownership requirements are a new
area covered and measured by the Business Entry topic. Mandatory beneficial
ownership requirements are good practice that can help prevent the misuse of
corporate vehicles for illicit purposes and promote a safe environment for
business start-ups.
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Impressive! You've tackled every question across all sections. Take your
knowledge even further by exploring the data and uncovering more trends!
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Business Location Questions
In most B-READY 2024 economies, formal review of building includes verification
of compliance with energy-efficiency standards.
TRUE FALSE
Correct! This is FALSE. In only 30% of measured economies, energy efficiency
standards are verified as part of the building plans review process.
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Incorrect! This is FALSE. In only 30% of measured economies, energy efficiency
standards are verified as part of the building plans review process.
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You have answered all Business Location questions. Try another topic to learn
more!
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Business Location Questions
Very few economies provide incentives to builders to promote green building
standards.
TRUE FALSE
Correct! This is TRUE. Only one in five measured economies offer builders
incentives to promote green building standards.
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Incorrect! This is TRUE. Only one in five measured economies offer builders
incentives to promote green building standards.
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You have answered all Business Location questions. Try another topic to learn
more!
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Business Location Questions
In most B-READY 2024 economies, the legal system requires identity verification
for each party engaged in a property transaction.
TRUE FALSE
Correct! This is TRUE. In 94% of measured economies, verification of identity of
each party engaged in a property transaction is required.
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Incorrect! This is TRUE. In 94% of measured economies, verification of identity
of each party engaged in a property transaction is required.
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more!
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Business Location Questions
In most of B-READY 2024 economies, entrepreneurs can check encumbrances (liens,
mortgages, restrictions, charges etc.) in a comprehensive and fully functional
electronic database.
TRUE FALSE
Correct! This is FALSE. A fully functional database for checking encumbrances
exists in less than half of measured economies.
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Incorrect! This is FALSE. A fully functional database for checking encumbrances
exists in less than half of measured economies.
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more!
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Business Location Questions
Very few B-READY 2024 economies have national or local regulations or standards
related to pollution and waste management in construction activities.
TRUE FALSE
Correct! This is FALSE. Almost all measured economies have national or local
regulations or standards related to pollution and waste management in
construction activities.
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Incorrect! This is FALSE. Almost all measured economies have national or local
regulations or standards related to pollution and waste management in
construction activities.
Explore Data Next Question
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more!
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Impressive! You've tackled every question across all sections. Take your
knowledge even further by exploring the data and uncovering more trends!
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Utility Services Questions
Most B-READY 2024 economies provide financial or non-financial incentives for
businesses to adopt water-efficient practices.
TRUE FALSE
Correct! This is FALSE. Less than a quarter of covered economies provide
incentivize businesses to adopt water-saving solutions.
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Incorrect! This is FALSE. Less than a quarter of covered economies provide
incentivize businesses to adopt water-saving solutions.
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You have answered all Utility Services questions. Try another topic to learn
more!
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Utility Services Questions
E-payment for electricity bills is most widespread in high-income economies.
TRUE FALSE
Correct! This is FALSE. Upper-middle-income economies have the highest adoption
of e-payments for electricity tariffs, followed by high-income economies.
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Incorrect! This is FALSE. Upper-middle-income economies have the highest
adoption of e-payments for electricity tariffs, followed by high-income
economies.
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more!
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Utility Services Questions
Most B-READY 2024 economies do not publish online Key Performance Indicators on
the sustainability of electricity supply.
TRUE FALSE
Correct! This is TRUE. In 66% of the economies, Key Performance Indicators for
the sustainability of electricity supply are not available online.
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Incorrect! This is TRUE. In 66% of the economies, Key Performance Indicators for
the sustainability of electricity supply are not available online.
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more!
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Utility Services Questions
High-income economies have the highest rate of independent complaint mechanisms
for water services.
TRUE FALSE
Correct! This is FALSE. Independent complaint mechanisms for water services are
most widespread in the lower-middle income group, followed by high-income
economies.
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Incorrect! This is FALSE. Independent complaint mechanisms for water services
are most widespread in the lower-middle income group, followed by high-income
economies.
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more!
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Utility Services Questions
Over two-thirds of measured economies do not have standards for digital
environmental reporting or disclosure.
TRUE FALSE
Correct! This is TRUE. 70% of economies do not have any reporting or disclosure
standards in this aspect.
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Incorrect! This is TRUE. 70% of economies do not have any reporting or
disclosure standards in this aspect.
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more!
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knowledge even further by exploring the data and uncovering more trends!
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Labor Questions
On average, high-income economies offer the longest periods of paid annual
leave.
TRUE FALSE
Correct! This is FALSE. Low-income economies offer the longest periods of paid
annual leave, followed by high-income economies.
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Incorrect! This is FALSE. Low-income economies offer the longest periods of paid
annual leave, followed by high-income economies.
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Labor Questions
Workers in most economies have the right to collective bargaining.
TRUE FALSE
Correct! This is TRUE. 90% of the surveyed economies protect the right to
collective bargaining.
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Incorrect! This is TRUE. 90% of the surveyed economies protect the right to
collective bargaining.
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Labor Questions
All economies have legislation on the workers’ occupational safety and health.
TRUE FALSE
Correct! This is FALSE. Not all economies measured in B-READY 2024 have
occupational safety and health legislation for all workers. 7% do not have
legislation on this matter.
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Incorrect! This is FALSE. Not all economies measured in B-READY 2024 have
occupational safety and health legislation for all workers. 7% do not have
legislation on this matter.
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Labor Questions
Most of the measured economies have no restriction on the use of fixed-term
contracts.
TRUE FALSE
Correct! This is TRUE. 84% of economies have no restrictions on the use of
fixed-term contracts for any type of task.
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Incorrect! This is TRUE. 84% of economies have no restrictions on the use of
fixed-term contracts for any type of task.
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Labor Questions
All economies have a minimum age of admission for employment equal to or above
15 years old.
TRUE FALSE
Correct! This is FALSE. Just 76% of the surveyed economies have a minimum age of
admission to work at 15 and above, while 22% of countries have a minimum age for
employment below 15, and 2% do not regulate this matter.
Explore Data Next Question
Incorrect! This is FALSE. Just 76% of the surveyed economies have a minimum age
of admission to work at 15 and above, while 22% of countries have a minimum age
for employment below 15, and 2% do not regulate this matter.
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knowledge even further by exploring the data and uncovering more trends!
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Financial Services Questions
Businesses in high-income economies receive most of their payments through
e-payment.
TRUE FALSE
Correct! This is TRUE. More than 75% of payments in high-income economies were
received using electronic payment methods.
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Incorrect! This is TRUE. More than 75% of payments in high-income economies were
received using electronic payment methods.
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more!
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Financial Services Questions
Firms in low-income economies are much more likely than firms in high-income
economies to report complex procedures as the main reason they do not apply for
loans.
TRUE FALSE
Correct! This is TRUE. 15% of firms in low-income economies report complex
procedures as the primary reason for not applying for loans, compared to only 2%
of firms in high-income economies.
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Incorrect! This is TRUE. 15% of firms in low-income economies report complex
procedures as the primary reason for not applying for loans, compared to only 2%
of firms in high-income economies.
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Financial Services Questions
All payment service providers in B-READY 2024 economies must meet certain
cybersecurity requirements.
TRUE FALSE
Correct! This is FALSE. While 91% of surveyed economies have cybersecurity
requirements for bank payment service providers, only 76% of them have such
requirements for non-bank payment service providers.
Explore Data Next Question
Incorrect! This is FALSE. While 91% of surveyed economies have cybersecurity
requirements for bank payment service providers, only 76% of them have such
requirements for non-bank payment service providers.
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more!
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Financial Services Questions
Credit bureaus and registries in high-income economies are more likely to offer
credit scores, compared to other income groups.
TRUE FALSE
Correct! This is FALSE. 71% of credit bureaus and registries provide credit
scores in low-income economies, compared to only 56% in high-income economies.
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Incorrect! This is FALSE. 71% of credit bureaus and registries provide credit
scores in low-income economies, compared to only 56% in high-income economies.
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Financial Services Questions
In most B-READY 2024 economies, secured creditors can enforce their security
interests through out-of-court procedures.
TRUE FALSE
Correct! This is TRUE. In 90% of the measured economies, regulatory frameworks
allow parties in a security interest agreement to bypass the courts and enforce
their rights through methods like private sales, public auctions, or pactum
commisorium.
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Incorrect! This is TRUE. In 90% of the measured economies, regulatory frameworks
allow parties in a security interest agreement to bypass the courts and enforce
their rights through methods like private sales, public auctions, or pactum
commisorium.
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more!
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knowledge even further by exploring the data and uncovering more trends!
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International Trade Questions
A considerable number of the economies surveyed are using cross-border carbon
pricing instruments to reduce greenhouse gas emissions and make trade more
sustainable.
TRUE FALSE
Correct! This is TRUE. 16 of the 50 covered economies have a cross-border carbon
pricing instrument, and it's considered a growing practice.
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Incorrect! This is TRUE. 16 of the 50 covered economies have a cross-border
carbon pricing instrument, and it's considered a growing practice.
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International Trade Questions
All high-income economies included in B-READY 2024 legally recognize and enforce
foreign-issued electronic contracts and signatures.
TRUE FALSE
Correct! This is TRUE. All high-income economies covered by the report enforce
the legal validity of foreign issued electronic contracts and signatures. At the
same time, only 4 out of 7 low-income economies do so.
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Incorrect! This is TRUE. All high-income economies covered by the report enforce
the legal validity of foreign issued electronic contracts and signatures. At the
same time, only 4 out of 7 low-income economies do so.
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International Trade Questions
Trusted Trader programs are widely used to streamline and simplify border
control procedures.
TRUE FALSE
Correct! This is TRUE. 38 of the 50 covered economies have implemented a Trusted
Trader program.
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Incorrect! This is TRUE. 38 of the 50 covered economies have implemented a
Trusted Trader program.
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International Trade Questions
Business transportation is a bigger obstacle for firms than customs and trade
regulations.
TRUE FALSE
Correct! This is TRUE. The share of firms that identify customs and trade
regulations as a major or severe obstacle to trade is lower than the share of
firms that identify transportation as a major or severe obstacle.
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Incorrect! This is TRUE. The share of firms that identify customs and trade
regulations as a major or severe obstacle to trade is lower than the share of
firms that identify transportation as a major or severe obstacle.
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International Trade Questions
The costs to comply with exports and imports requirements are only a small
fraction of the value of the goods.
TRUE FALSE
Correct! This is FALSE. In some economies, import compliance costs are as high
as 66% of the value of goods and export compliance costs reach 38%.
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Incorrect! This is FALSE. In some economies, import compliance costs are as high
as 66% of the value of goods and export compliance costs reach 38%.
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Taxation Questions
Most companies file taxes electronically in half of the B-READY 2024 economies.
TRUE FALSE
Correct! This is TRUE. In 25 of the 50 covered economies, 90% or more of
surveyed firms reported filing taxes electronically.
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Incorrect! This is TRUE. In 25 of the 50 covered economies, 90% or more of
surveyed firms reported filing taxes electronically.
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Taxation Questions
Very few of the assessed economies disclose future tax plans.
TRUE FALSE
Correct! This is FALSE. 60% of the measured economies publish online their full
future tax plans, including, for example, a multi-year strategic plans, reform
plans, or annual operational plans.
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Incorrect! This is FALSE. 60% of the measured economies publish online their
full future tax plans, including, for example, a multi-year strategic plans,
reform plans, or annual operational plans.
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Taxation Questions
One out of four of the measured economies do not have an independent mechanism
for reviewing the tax complaints.
TRUE FALSE
Correct! This is TRUE. Over half of the assessed economies allow taxpayers to
appeal tax audit results to an independent complaint review body within the tax
administration. And another 20% of the economies have an external independent
review mechanism instead. In the remaining 25% of measured economies no
independent tax review mechanism (internal nor external) is available
Explore Data Next Question
Incorrect! This is TRUE. Over half of the assessed economies allow taxpayers to
appeal tax audit results to an independent complaint review body within the tax
administration. And another 20% of the economies have an external independent
review mechanism instead. In the remaining 25% of measured economies no
independent tax review mechanism (internal nor external) is available
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Taxation Questions
Most of the measured economies publish all fees and timelines associated with
registering for all types of taxes.
TRUE FALSE
Correct! This is FALSE. While almost all economies publish the timeline for all
types of tax registration, only one-third of B-READY 2024 economies disclose all
tax registration fees (or explicitly mention it when the registration is free of
charge).
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Incorrect! This is FALSE. While almost all economies publish the timeline for
all types of tax registration, only one-third of B-READY 2024 economies disclose
all tax registration fees (or explicitly mention it when the registration is
free of charge).
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Taxation Questions
In half of B-READY 2024 economies, a tax audit is typically completed within one
month.
TRUE FALSE
Correct! This is TRUE. While the typical tax audit time ranges from 1 to 21
weeks, in half of the economies, tax audits are usually completed in 4 weeks or
less.
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Incorrect! This is TRUE. While the typical tax audit time ranges from 1 to 21
weeks, in half of the economies, tax audits are usually completed in 4 weeks or
less.
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Dispute Resolution Questions
About a quarter of B-READY 2024 economies lack legal framework for arbitration.
TRUE FALSE
Correct! This is FALSE. All economies covered by B-READY 2024 have a legal
framework for arbitration.
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Incorrect! This is FALSE. All economies covered by B-READY 2024 have a legal
framework for arbitration.
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Dispute Resolution Questions
In low-income economies, legal systems do not explicitly empower enforcement
agents to seize electronic assets, including cryptocurrency.
TRUE FALSE
Correct! This is TRUE. In none of 7 low-income economies covered by B-READY
2024, enforcement agents are explicitly authorized to seize electronic assets,
including cryptocurrency.
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Incorrect! This is TRUE. In none of 7 low-income economies covered by B-READY
2024, enforcement agents are explicitly authorized to seize electronic assets,
including cryptocurrency.
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Dispute Resolution Questions
Virtual hearings are not commonly available.
TRUE FALSE
Correct! This is FALSE. 64% of B-READY 2024 economies offer a possibility to
conduct court hearings virtually.
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Incorrect! This is FALSE. 64% of B-READY 2024 economies offer a possibility to
conduct court hearings virtually.
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Dispute Resolution Questions
Mediation is available for resolving commercial disputes in all economies.
TRUE FALSE
Correct! This is FALSE. In 14% of B-READY 2024 economies, mediation still does
not exist in practice.
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Incorrect! This is FALSE. In 14% of B-READY 2024 economies, mediation still does
not exist in practice.
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more!
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Dispute Resolution Questions
It takes more time to resolve a commercial dispute at the first instance level
in high-income economies than elsewhere.
TRUE FALSE
Correct! This is TRUE. In high-income economies, it takes almost 600 days to
resolve a commercial dispute at the first instance level. This time is lower in
all other income groups.
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Incorrect! This is TRUE. In high-income economies, it takes almost 600 days to
resolve a commercial dispute at the first instance level. This time is lower in
all other income groups.
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more!
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Impressive! You've tackled every question across all sections. Take your
knowledge even further by exploring the data and uncovering more trends!
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Market Competition Questions
High-income economies score the highest on Market Competition.
TRUE FALSE
Correct! This is FALSE. Economies of different income levels perform well in
Market Competition, including low-income ones.
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Incorrect! This is FALSE. Economies of different income levels perform well in
Market Competition, including low-income ones.
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more!
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Market Competition Questions
Most of the sampled economies have an online platform allowing entrepreneurs to
manage their intellectual property rights electronically.
TRUE FALSE
Correct! This is FALSE. Only 38% of economies have an online platform allowing
entrepreneurs to e-manage intellectual property rights.
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Incorrect! This is FALSE. Only 38% of economies have an online platform allowing
entrepreneurs to e-manage intellectual property rights.
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You have answered all Market Competition questions. Try another topic to learn
more!
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Market Competition Questions
Most economies provide protection for trademarks that have widespread reputation
or recognition.
TRUE FALSE
Correct! This is TRUE. 88% of B-READY 2024 economies provide protection for
well-known marks.
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Incorrect! This is TRUE. 88% of B-READY 2024 economies provide protection for
well-known marks.
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more!
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Market Competition Questions
More than 80% of economies have rules that say that, by default, government
should purchase goods, services, or construction work in a transparent and
competitive manner.
TRUE FALSE
Correct! This is TRUE. Most of B-READY 2024 economies expect procuring entities
to tender openly by default.
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Incorrect! This is TRUE. Most of B-READY 2024 economies expect procuring
entities to tender openly by default.
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more!
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Market Competition Questions
It is rare for economies to post award decisions about government contracts
online.
TRUE FALSE
Correct! This is FALSE. 58% of economies e-publish their award decisions in
practice.
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Incorrect! This is FALSE. 58% of economies e-publish their award decisions in
practice.
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more!
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Impressive! You've tackled every question across all sections. Take your
knowledge even further by exploring the data and uncovering more trends!
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Business Insolvency Questions
Most economies regulate the necessary qualifications of insolvency
administrators.
TRUE FALSE
Correct! This is TRUE. In 48 of the 50 B-READY 2024 economies, the legal
framework establishes a mechanism for the selection and appointment of an
insolvency administrators, while in 49 economies the law sets out the cases in
which an insolvency administrator may be disqualified.
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Incorrect! This is TRUE. In 48 of the 50 B-READY 2024 economies, the legal
framework establishes a mechanism for the selection and appointment of an
insolvency administrators, while in 49 economies the law sets out the cases in
which an insolvency administrator may be disqualified.
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more!
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Business Insolvency Questions
Every B-READY 2024 economy has a practice of judicial liquidation of businesses.
TRUE FALSE
Correct! This is FALSE. Amongst the 50 B-READY economies, 6 do not have a de
facto practice in judicial reorganization or judicial liquidation.
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Incorrect! This is FALSE. Amongst the 50 B-READY economies, 6 do not have a de
facto practice in judicial reorganization or judicial liquidation.
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You have answered all Business Insolvency questions. Try another topic to learn
more!
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Business Insolvency Questions
Only a few economies have electronic auctions conducted at the relevant courts.
TRUE FALSE
Correct! This is TRUE. Only a small subset of economies (7 out of 50) conducts
electronic auctions at the relevant court, as measured by the Business
Insolvency topic.
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Incorrect! This is TRUE. Only a small subset of economies (7 out of 50) conducts
electronic auctions at the relevant court, as measured by the Business
Insolvency topic.
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You have answered all Business Insolvency questions. Try another topic to learn
more!
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Business Insolvency Questions
Most economies show strong performance in the public services related to
business insolvency.
TRUE FALSE
Correct! This is FALSE. Business Insolvency is characterized by most economies
showing weak performance in Public Services. Almost three-quarters of B-READY
economies (37 economies) score less than 50 out of 100 on this area.
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Incorrect! This is FALSE. Business Insolvency is characterized by most economies
showing weak performance in Public Services. Almost three-quarters of B-READY
economies (37 economies) score less than 50 out of 100 on this area.
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You have answered all Business Insolvency questions. Try another topic to learn
more!
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Business Insolvency Questions
Most economies have courts with specialized expertise in insolvency.
TRUE FALSE
Correct! This is FALSE. Only 44 percent of reviewed economies have courts with
specialized expertise in insolvency.
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Incorrect! This is FALSE. Only 44 percent of reviewed economies have courts with
specialized expertise in insolvency.
Explore Data Next Question
You have answered all Business Insolvency questions. Try another topic to learn
more!
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Impressive! You've tackled every question across all sections. Take your
knowledge even further by exploring the data and uncovering more trends!
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ADDITIONAL INFORMATION
AUTHORS
Norman Loayza
Director, Global Indicators Group
Norman Loayza
Valeria Perotti
Manager, Business Ready (B-READY), Global Indicators Group
Valeria Perotti
Meet the B-READY team
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