An institutional environment characterized by openness and transparency is of central importance not only for private markets but also for the effective and efficient management of public resources. Lack of transparency around the decisions made by policy makers and government officials can lead to resource misallocation as funds, rather than being directed toward their most productive ends, are instead captured for private gain. This report presents...
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Doing business 2013 : how transparent is business regulation around the world? (English). Doing business 2013 Washington DC ; World Bank. http://documents.worldbank.org/curated/en/128361468339913293