Trim the Bureaucracy
The government has prepared a new economic package to push growth. But without bureaucratic reforms, it will come to nothing.
June 12, 2007
THE government needs this new economic package to push growth in the weak business sectors. But a good plan is not enough. The government needs to take drastic measures to reduce the bureaucracy of issuing business licenses. This is important to improve the domestic business climate, which is less attractive than in other Asian countries.
The new package is a follow-up to the three packages announced last year: improvements to the investment cli
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