Reviewing World bank Doing Business Program for Employment Generation

“Doing Business group “of the World Bank influenced by Ronald Coase Transaction Cost Theorem and Hernando de Soto “dead Capital “theory, aim to find the main factorsleading to high cost of economic activities and preventing the movement of resources from unproductive to productive new business. They tried to find reason for the followingtriple questions:1-Why doing business is easy in some countries but difficult in others? 2-Why the Scale of informal activity are so high in some countries? 3-Why informal sectors are so reluctant to entre formal activities, reducing the size of the economy? We found that their main emphasize has been on deregulation of economic activities and facilitation of doing business through smoothening of regulations. This is regarded as a key factor for flourishing formal economic activities and employment generation.