Enterprise Surveys : Lesotho Country Profile 2009
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Washington, DC
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The Country Profile for Lesotho is based
on data from the Enterprise Surveys conducted by the World
Bank. The benchmarks include the averages for the group of
countries in Sub-Saharan Africa and the Lesotho income
group. The enterprise surveys focus on the many factors that
shape the decisions of firms to invest. These factors can be
accommodating or constraining and play an important role in
whether a country will prosper or not. An accommodating
business environment is one that encourages firms to operate
efficiently. Such conditions strengthen incentives for firms
to innovate and to increase productivity, key factors for
sustainable development. A more productive private sector,
in turn, expands employment and contributes taxes necessary
for public investment in health, education, and other
services. In contrast, a poor business environment increases
the obstacles to conducting business activities and
decreases a country's prospects for reaching its
potential in terms of employment, production, and welfare.
Enterprise surveys are conducted by the World Bank and its
partners across all geographic regions and cover small,
medium, and large companies. The surveys are applied to a
representative sample of firms in the non-agricultural
economy. The sample is consistently defined in all countries
and includes the entire manufacturing sector, the services
sector, and the transportation and construction sectors.
Public utilities, government services, health care, and
financial services sectors are not included in the sample.
Enterprise surveys collect a wide array of qualitative and
quantitative information through face-to-face interviews
with firm managers and owners regarding the business
environment in their countries and the productivity of their
firms. The topics covered in Enterprise Surveys include
infrastructure, trade, finance, regulations, taxes and
business licensing, corruption, crime and informality,
finance, innovation, labor, and perceptions about obstacles
to doing business.
Palabras clave
ACCESS TO FINANCE, BANK LOANS, BARRIERS TO ENTRY, BRIBE, BRIBES, BUSINESS ACTIVITIES, BUSINESS ENVIRONMENT, BUSINESS TRANSACTIONS, BUSINESSES, CERTIFICATES, COLLATERAL, COMMUNICATIONS TECHNOLOGIES, COMPANY, COMPETITIVENESS, COPYRIGHT, CORPORATION, CORRUPTION, CUSTOMS, DEPOSIT, DEPOSIT MOBILIZATION, DEPOSITS, E-MAIL, ELECTRICITY, EMPLOYEE, EMPLOYMENT, ENTERPRISE SURVEY, ENTERPRISE SURVEYS, ENTREPRENEURS, EXTERNAL FINANCING, FINANCIAL BURDEN, FINANCIAL INTERMEDIATION, FINANCIAL MARKETS, FINANCIAL SERVICES, FINANCIAL TRANSACTIONS, FIRM SIZE, FIRMS, FOREIGN TRADE, GENDER, GEOGRAPHIC REGION, GEOGRAPHIC REGIONS, GOVERNMENT CONTRACT, GOVERNMENT REGULATION, GOVERNMENT SERVICES, HEALTH CARE, ICT, INCOME GROUP, INNOVATION, INSPECTIONS, INTERNAL FINANCE, INTERNAL FUNDS, INTERNATIONAL BANK, INTERNATIONAL FINANCE, INTERNATIONAL MARKETS, LENDERS, LICENSE, LICENSES, LICENSING, LIMITED PARTNERSHIP, LIMITED PARTNERSHIPS, LOAN, LOAN AMOUNT, MANUFACTURING, MATERIAL, MICRO ENTERPRISES, MULTINATIONAL, MULTINATIONAL CORPORATIONS, OPEN MARKETS, OPERATIONAL EFFICIENCY, PAYMENT SERVICES, PRIVATE FIRM, PRIVATE FIRMS, PRIVATE SECTOR, PRODUCTIVITY, PROFITABILITY, PROPRIETORSHIP, PROPRIETORSHIPS, PUBLIC INVESTMENT, PUBLIC SERVICES, PUBLIC UTILITIES, RESULT, SAVINGS, SAVINGS ACCOUNT, SAVINGS ACCOUNTS, SMALL FIRMS, SOLE PROPRIETORSHIPS, SUPPLIERS, TAXATION, TELEPHONE, TELEPHONE CONNECTION, TELEPHONE CONNECTIONS, TRADE CREDIT, UNFAIR COMPETITION, USES, WATER SHORTAGES, WATER SUPPLY, WORKING CAPITAL