Reimagining Ease of Doing Business in Emerging Economies Through Process Re-Engineering

Reimagining Ease of Doing Business in Emerging Economies Through Process Re-Engineering

Olugbenga Samuel Oladele

Abstract
Emerging economies continue to struggle with bureaucratic inefficiencies that constrain entrepreneurship, investment inflow, and productivity. This article examines how process re-engineering and administrative simplification can significantly improve the ease of doing business while fostering inclusive economic growth.

Introduction
Ease of doing business is not merely a regulatory benchmark; it is a reflection of how efficiently economic actors interact with state institutions. In many developing economies, overlapping approvals, manual documentation, and fragmented agencies impose unnecessary transaction costs on businesses.

Problem Analysis
Key constraints include:

• Redundant regulatory processes
• Paper-based documentation systems
• Lack of inter-agency data sharing
• Weak service accountability mechanisms

These inefficiencies disproportionately affect small and medium enterprises (SMEs), which are critical drivers of employment and innovation.

Proposed Innovation Framework
This research proposes a Business Process Re-Engineering (BPR) model built on:

1. End-to-end mapping of business registration and compliance processes
2. Elimination of non-value-adding approval stages
3. Digitization of regulatory workflows
4. Performance-based service delivery metrics for public agencies

Economic Impact Projection
Simulations indicate that reducing administrative processing time by 30–40% can:

• Increase SME survival rates
• Improve tax compliance
• Expand the formal economy
• Attract foreign direct investment

Global Relevance
This approach aligns with SDG 8 (Decent Work and Economic Growth) and SDG 16 (Strong Institutions) by strengthening institutional efficiency and transparency.

Conclusion
Administrative innovation is an underutilized economic lever. Governments that treat regulatory systems as service platforms rather than control mechanisms will gain competitive advantage in the global economy.

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Reimagining Ease of Doing Business

Olugbenga Samuel Oladele is a business analyst with vast experience in today’s economy and has deep rooted understanding of solutions set to project a better way of doing business across the globe.