EBRD, World Bank launch survey on business environment and investment performances in Moldova

The European Bank for Reconstruction and Development and the World Bank launch the fourth round of the Business Environment and Enterprise Performance Survey (BEEPS) in Moldova, Info-Prim Neo reports. According to a communique issued by the two banks, the objective of the survey is to provide feedback from enterprises on the state of the private sector in countries of operation by assessing the constraints to private sector growth and creating statistically significant business environment indicators that are comparable across countries through interviews with firms in the manufacturing and services sectors. Preliminary results of the survey are expected in 2009. These results together with additional information from other research constitute a source of policy recommendations to the government for the promotion of investment, productivity and economic growth, the release reads. In this fourth round of BEEPS, the questionnaire is comparable with the World Bank’s Enterprise Survey Initiative, which is implemented around the globe using a standardized questionnaire adapted to the reality of each country. A panel data set will allow researchers to track changes in the business environment, to measure the effect of these changes on establishment performance over time and to make assessments on the effects of reforms on the business environment.