Economic Governance Indices


The Asia Foundation launches Myanmar Business Environment Index 2020

December 10, 2020

News Post

Second edition of MBEI tool shows progress in governance for private sector development Today, The Asia Foundation released the Myanmar Business Environment Index 2020 (MBEI). The MBEI 2020, funded by UK Aid through the DaNa Facility, is Myanmar’s second installment of the Index, which was first launched in 2019. The MBEI is a survey of primarily b… Read more


Myanmar Business Environment Index 2020: Measuring Economic Governance for Private Sector Development

November 23, 2020


The Asia Foundation initiated the first ever Myanmar Business Environment Index (MBEI) in 2018, surveying 4,874 Myanmar businesses in the service and manufacturing industries across the country and gathering a multitude of other hard data to map a more comprehensive, in-depth picture of the challenges they face and where government can target refor… Read more


The Asia Foundation Releases Myanmar Business Environment Index 2019

Yangon, June 11, 2019

News Post

New tool measures economic governance for private sector development Today, The Asia Foundation released the Myanmar Business Environment Index 2019 (MBEI) as a diagnostic tool to better understand the local business environment. The government of Myanmar has recognized the importance of private sector development, yet many Myanmar enterprises cont… Read more


The Myanmar Business Environment Index 2019

April 30, 2019


Measuring Economic Governance for Private Sector Development The Economic Governance Index (EGI) is a tool that has become widely accepted by governments to understand economic growth, attract investors, and engage in public-private sector dialogue. The Myanmar Business Environment Index (MBEI) follows in this tradition by adapting the EGI model to… Read more


Measuring Economic Governance at the Subnational Level

August 3, 2018


A dynamic and healthy private sector is widely regarded as the engine of long-term economic development. Countries compete to attract investment and those that succeed in creating business environments that support competitive entrepreneurs have reaped significant economic growth. Sound national policies are not sufficient to achieve balanced and e… Read more


New Straits Times (Malaysia) Features Asia Foundation’s 2012 Malaysia Business Environment Index (BEI)

June 25, 2012

Media Coverage Post

New Straits Times (Malaysia) features Asia Foundation’s 2012 Malaysia Business Environment Index (BEI). Read more here: “R&D: Measuring business friendliness.”


New Index to Help Steer Malaysia’s Local Business Growth

May 9, 2012

Blog Post

Real GDP growth in Malaysia has slowed considerably over the past decade and domestic investment, measured as a percentage of GDP, has also decreased. These trends raise doubts about whether Malaysia can attain its goal of reaching developed nation status by the year 2020…


Malaysia, Like China and India, Depends on Local Officials for Better Business Environment

May 9, 2012

Blog Post

In January, I took a break from research for the just-released Malaysia Business Environment Index (BEI), which measures perceptions of district-level firms on their business environments, to get a broader perspective…


Malaysia Business Environment Index 2012

Kuala Lumpur and San Francisco, May 8, 2012

News Post

New tool launched to measure local business environment The Asia Foundation, the School of Business at Monash University Sunway Campus, and RAM Holdings Berhad (RAM) today launched the 2012 Malaysia Business Environment Index, the only diagnostic tool designed  to measure the business-friendliness of local governments in the country. Malaysia aspir… Read more


The Asia Foundation Launches First-Ever Malaysia Business Environment Index

May 2, 2012

Blog Post

On May 8, The Asia Foundation launched the first-ever Business Environment Index (BEI) that measures local business managers and owners’ perceptions about the business environment at the district level. The findings reveal issues and challenges that are relevant to local economic growth in Malaysia, such as transparency, regulatory costs, crime and… Read more


Where are Bangladesh’s Businesswomen?

June 8, 2011

Blog Post

Since the 1980s, microfinance institutions in Bangladesh, such as the Grameen Bank, have touted the success of women microentrepreneurs in starting and operating thousands of microenterprises throughout the country. While this is certainly an achievement, Bangladeshi women have not achieved…


The Asia Foundation Launches New Book “Innovations in Strengthening Local Economic Governance in Asia”

San Francisco, May 19, 2011

News Post

Book co-author and chief economist to bring Foundation’s signature approach to Afghanistan in July Asia is at a crossroads. In an era of economic and political uncertainty, citizens and entrepreneurs are facing severe challenges to prosperity. In an effort to strengthen local economies and share best practices in the region, The Asia Foundation, a… Read more


Realizing Malaysia’s Economic Potential

May 18, 2011

Blog Post

In a recently released report on Asia in 2050, the Asian Development Bank (ADB) predicted that seven Asian economies – China, India, Indonesia, Japan, South Korea, Thailand, and Malaysia – would be the drivers of Asia’s rise over the coming decades and that the region…


Book Launch: “Innovations in Strengthening Local Economic Governance in Asia”

May 18, 19 & 25, 2011

Events Post

Major conflicts and protests continue to grip countries across the world. More than ever, economic liberalization and good governance are crucial for sustainable economic growth and political progress. The Asia Foundation is pleased to launch a seminal new book on economic reform and development. “Innovations in Strengthening Local Economic Governa… Read more


Are Asia’s Capital Cities Victims of Their Own Success? A Look at Dhaka and Phnom Penh

October 6, 2010

Blog Post

In Bangladesh, where the 2010 Economic Governance Index – which measures and ranks business environments across 19 districts – was just released, the capital city of Dhaka did not perform among the top districts. Of course, in terms of business performance and investment, Dhaka remains Bangladesh’s single most important city. Bangladesh's capit… Read more


Wall Street Journal: Bangladesh EGI Measures Local Governments on Business-Friendliness

August 4, 2010

Media Coverage Post

The Wall Street Journal’s featured The Asia Foundation’s Economic Governance Index, also known as EGI, a study that ranks 19 local Bangladeshi governments on how effectively they interact with small businesses. The Asia Foundation surveyed 3,800 firms in 19 districts in Bangladesh in order to collect data. Read the release here: “Th… Read more


Supporting Business Development in Rural Bangladesh: Role of Reliable Information in Policy Reforms

August 4, 2010

Blog Post

Any casual observer walking through the heart of a district capital like Bangladesh’s northeastern city of Sylhet or Rangpur, further north, would be impressed by the bustling economic activity. In the early morning, streets are filled with colorful trucks honking their way toward the market place. Their paths are crossed by overloaded rickshaws de… Read more


Bangladesh EGI Reveals Poor Relationships Between Local Governments and Small Businesses

August 2, 2010

Media Coverage Post

An article in The Daily Star (Bangladesh) details The Asia Foundation’s Bangladesh EGI, which found that a weak interface between public agencies and the private sector hurts small businesses at the district level. Read the full article: “Weak local government bodies hurt growth: Study.”


The Asia Foundation’s Bangladesh Economic Governance Index Ranks 19 Local Governments On Business-Friendliness

Dhaka and San Francisco, August 1, 2010

News Post

Study demonstrates link between good economic governance and local business environment The Bangladesh private sector is severely limited in its ability to grow and create jobs because of government barriers and constraints, according to an extensive study released today by The Asia Foundation. In a first of its kind survey in Bangladesh, 3,800 fir… Read more


Vietnam Business Insight Survey: Strengthening the Public-Private Dialogue

May 26, 2010

Blog Post

Vietnam has garnered international attention over the past two decades with its remarkable economic growth and strong poverty alleviation record. The adoption of the doi moi (renovation) policy in late 1986, marked by a shift to market-oriented development and international integration, has transformed this country of 86 million. Crucial legal refo… Read more


Cambodia’s businesswomen discuss challenges on new Facebook Forum

January 21, 2010

Media Coverage Post

In an article in the Phnom Penh Post about a new forum on Facebook started by the Cambodia Women in Business to act as a gathering place for Cambodian businesswomen to discuss their problems and encourage business growth, The Asia Foundation is mentioned along with the International Finance Corporation for producing a 2009 study on the business cli… Read more


From Cambodia: Survey Marks Improvement in Business Environment

January 6, 2010

Blog Post

After a global economic slump in 2009, Cambodia welcomed World Bank forecasts that projected its economy would grow in 2010. However, despite an auspicious start to the New Year, the imbalanced growth between Phnom Penh and the provincial areas are major concerns for improved and sustainable economic development. The private sector in Cambodia, par… Read more


The Asia Foundation Releases Economic Governance Index Survey Data from Vietnam, Cambodia, and Indonesia

September 9, 2009

News Post

In response to growing demand, The Asia Foundation will make the raw firm-level survey data from its Vietnam (2006-2008), Cambodia (2006 and 2008) and Indonesia (2007) Economic Governance Indexes (EGI) available to the public upon request, along with their accompanying survey instruments, user guides, and codebooks. As the primary data source for T… Read more


Phnom Penh Post cites Asia Foundation’s Cambodia PBES survey

July 14, 2009

Media Coverage Post

A Phnom Penh Post article about concerns that ongoing tensions at Preah Vihear temple have caused a sharp drop in commerce on the border at Poipet, cites findings from The Asia Foundation’s Provincial Business Environment Scorecard (PBES) survey. Read the full article: “Border clashes blamed for Poipet downturn.”


During the Economic Crisis, Cambodia Keen to Support Business

June 3, 2009

Blog Post

The recent release of two reports – one from the World Bank/IFC and the other from the IFC/Asia Foundation – compelled more than 200 Cambodians to gather on May 25th in a conference room overseeing the Tonle Sap river. They were business owners, public officials, and development organizations, all keen to discuss ways to make the life of business o… Read more


Asia Foundation’s Provincial Business Environment Scorecard survey cited

May 27, 2009

Media Coverage Post

In an article in The Phnom Penh Post about the hurdles construction companies face as a result of Cambodia’s bureaucratic licensing process, findings from The Asia Foundation’s Provincial Business Environment Scorecard survey are cited, and The Asia Foundation’s Regional Director for Economic Programs in Cambodia Veronique Salze-Lozac’h is quoted…. Read more


Asia Foundation’s Provincial Business Environment Scorecard survey Receives Coverage

May 26, 2009

Media Coverage Post

An Agence France-Presse wire story about the launch of a UNDP study on Cambodia’s competitiveness in the global economy cites findings from The Asia Foundation’s Provincial Business Environment Scorecard survey released on Monday. Read the full story: “UN says overhaul needed of Cambodian workforce.” Further coverage of the survey’s findings are fe… Read more


Press Release: Coping with the Global Economic Crisis in Cambodia

May 25, 2009

News Post

The Provincial Business Environment Scorecard in Cambodia: A Measure of Economic Governance and Regulatory Policy In order to understand how provinces are contributing to or preventing business growth, the International Finance Corporation and The Asia Foundation have collaborated in developing the Provincial Business Environment Scorecard (PBES)…. Read more


The Asia Foundation and Partners Launch the 2008 Vietnam Provincial Competitiveness Index

Hanoi, December 11, 2008

News Post

Fourth Iteration of National Survey Measures Role of Economic Governance in Vietnam’s Private Sector Development For the fourth consecutive year, The Asia Foundation and its partners today released the 2008 Provincial Competitiveness Index (PCI) report. The 2008 PCI survey is the largest and most comprehensive assessment and ranking of the performa… Read more


Vietnam Releases 2008 Economic Index on Business-Friendliness

December 10, 2008

Blog Post

Earlier today in Vietnam, The Asia Foundation and its local partners released one of the year’s most highly anticipated reports: the 2008 Provincial Competitiveness Index (PCI). The PCI ranks the ability and willingness of provincial governments to develop business-friendly environments for private sector development. This marks the fourth in an an… Read more


From Vietnam: Economic Competitiveness in the Provinces

July 23, 2008

Blog Post

On a recent afternoon in Hanoi, I found myself sitting in a crowded conference room sipping tea and munching snacks with a young team of researchers, sifting through stacks of completed surveys looking for small coding errors in the data. Anyone watching would have been hard pressed to imagine we were putting together one of the most highly-anticip… Read more


In Indonesia: Which Local Governments Govern Best?

July 23, 2008

Blog Post

Which local governments govern best? That is the central question addressed by the Local Economic Governance report launched on Tuesday by KPPOD (Regional Autonomy Watch) and The Asia Foundation. The report ranks 243 districts across Indonesia on the quality of their local economic governance based on a survey of over 12,000 businesses in 15 provin… Read more


Asia Foundation Economic Index Becomes Official Barometer for Cambodian Government

Phnom Penh, February 18, 2008

News Post

Cambodia’s government has announced it will use a biannual index by The Asia Foundation as an indicator to measure the country’s business-friendliness. The Cambodian Ministry of Commerce announced on February 11, 2008, that the Provincial Business Environment Scorecard (PBES) will, going forward, be used as a reform and monitoring tool in assessing… Read more


In Vietnam: Improving the Regulatory Environment for Business

November 14, 2007

Blog Post

Since its accession to the World Trade Organization in 2006, Vietnam has continued to improve its regulatory environment for business. The 2007 Provincial Competitiveness Index (PCI) report, which measures economic governance for private sector development, was released last week. This survey – the third annual edition – is the largest and most com… Read more


The Asia Foundation and Partners Launch the 2007 Vietnam Provincial Competitiveness Index

Hanoi, November 8, 2007

News Post

National Survey Measures Role of Economic Governance in Vietnam Since its accession to the World Trade Organization (WTO) in 2006, Vietnam has continued to improve the regulatory environment for business. To measure economic governance for private sector development, The Asia Foundation and its partners today released the 2007 Provincial Competitiv… Read more


From Cambodia: Improving Local Business Environments

September 19, 2007

Blog Post

“Keep making your voice heard, keep informing us of your concerns, we need to hear from you,” Senator Ung Huot, Vice Chairman of the Senate Commission on Economy, urged representatives of provincial small business associations in a meeting at the Senate on September 7th in Phnom Penh. “Improving your business environment will take time,” he warned,… Read more


New Study Compares the Business Environment in Cambodia’s 10 Most Economically-Active Provinces and Municipalities

Phnom Penh, October 26, 2006

News Post

The results of a study comparing the business environments of Cambodia’s ten most economically active provinces and municipalities were announced today in a seminar for 200 representatives from government, private enterprise, donor agencies and the media. This survey, the 2006 Provincial Business Environment Scorecard (PBES), is a joint initiative… Read more


The Asia Foundation Launches the 2006 Vietnam Provincial Competitiveness Index

Washington, DC and Hanoi, May 31, 2006

News Post

First-ever comprehensive tool to facilitate and drive governance reforms to improve the business environment In an effort to break business barriers in Vietnam, today, The Asia Foundation announced the largest and most comprehensive survey of Vietnam’s business perceptions of the performance of provincial governments. The Provincial Competitiveness… Read more


Report Released on the Competitiveness of Vietnam Provinces

San Francisco and Hanoi, January 19, 2006

News Post

The Asia Foundation and the Vietnam Chamber of Commerce and Industry (VCCI) recently released the Provincial Competitiveness Index (PCI) 2005 report. The PCI assesses and ranks Vietnam’s provinces by their regulatory environment for business, and the work has garnered significant attention from the Vietnamese media, the private sector, and national… Read more