<P> According to the DB, regulation does matter for the development of the private sectors, and several reforms are suggested across the report in order to promote the development of the private sector and enable the business environment . Some highlighted findings of the DB are: </P> <Ul> <Li> Lower barriers to start - up are associated with a smaller informal sector . </Li> <Li> Lower costs of entry encourage entrepreneurship, enhance firm productivity and reduce corruption . </Li> <Li> Simple start - up translates into greater employment opportunities . </Li> </Ul> <Li> Lower barriers to start - up are associated with a smaller informal sector . </Li> <Li> Lower costs of entry encourage entrepreneurship, enhance firm productivity and reduce corruption . </Li>

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