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IFC SMARTLESSON: ART OR SCIENCE? MEASURING THE IMPACT OF BUSINESS ENVIRONMENT REFORMS AT THE SUBNATIONAL LEVEL (MAY 2009)

Cesar Cordova and Margo Thomas

This SmartLesson written with Margo Thomas of the IFC shares the experience of adapting the Standard Cost Model (SCM) to review regulations and measure impact in supporting BEE reforms at the sub-national level in Bosnia and Herzegovina, Montenegro, and Serbia. The IFC reforms supported by Dr. Cordova adapted a relatively sophisticated tool, and applied it to support BEE reforms. Download it here