Benchmarking the ease of starting a business in Barbados

Author(s): Archibald, Xiomara; Lewis-Bynoe, Denny; Moore, Winston (2005)

Created 01 Jan, 2005
Categories Working Papers
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It is a commonly held view that the cost, time and complexity involved in starting a business in Barbados are prohibitive. This point of view, however, has never been verified by a substantive study on the ease of starting a business. This paper presents benchmark estimates of the time, cost and number of procedures needed. The results of the study suggest that while Barbados is among the countries with the lowest number of procedural requirements, there are still some bottlenecks which should be addressed.

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