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Measuring Sub-National Business Environments - The Provincial Business Environment Scorecard in Cambodia And The Economic Governance Index in Sri Lanka
Veronique Salze-Lozac’h
Cambodia, where the Provincial Business Environment Scorecard (PBES) was first implemented in 2006, and Sri Lanka where the first Economic Governance Index (EGI-SL) was conducted in 2007, are the two most recent additions to the LEGIs developed by The Asia Foundation and its partners. These two indexes, based on the experience of The Asia Foundation in the Philippines, Indonesia and Vietnam, had to be adapted to the specific economic and administrative context of Cambodia and Sri Lanka. They have, however, the same objectives:
• Providing updated information to the private sector about the business environment in their area, and thus creating a demand for an improved business environment.
• Creating a frame of reference for local leaders and public officials as they seek to improve policies and economic governance practices in their area.
• Stimulating a proactive and competitive process involving all relevant stakeholders in their efforts to offer a more supportive business environment.