THE BEI INDEX: AN APPROACH FOR MEASURING THE BUSINESS ENVIRONMENT IN AFRICA

Author:

Topliceanu Stefan Catalin1ORCID,Sorcaru Sergiu Lucian2

Affiliation:

1. Faculty Economics and Business Administration, Alexandru Ioan Cuza University, Iasi, Romania

2. Faculty Communications and International Relations, Danubius University, Galati, Romania

Abstract

Africa is becoming more and more attractive for trade and investment, while entrepreneurs are concerned about the quality of the business environment. This paper aims to analyze the Africa’s business environment and its dimensions in order to identify the most favorable destinations for starting a business. The methodology for this study includes research reviewing the existing literature and a quantitative approach based on a composite instrument. The results of the empirical study show that three regions have a favorable business environment for starting a business, while the most important dimensions of business are related to costs incurred, time and procedures required and trade aspects.

Publisher

Vilnius Gediminas Technical University

Subject

Economics and Econometrics,Business, Management and Accounting (miscellaneous)

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