Business Enabling Environment

$625.4K USD

Funder	Millennium Challenge Corporation
Recipient Organization	Millennium Management LLC
Country	World
Start Date	Jun 17, 2009
End Date	Sep 13, 2011
Duration	818 days
Number of Grantees	3
Roles	Recipient
Data Source	US Foreign Aid
Grant ID	`188579-76`

Grant Description

Improve policies, laws, regulations, and administrative practices affecting the private sector.

Includes reducing barriers to competition and unwarranted distortions to market prices; reducing policy and regulatory barriers to establishing, operating, and closing businesses; strengthening the legal framework surrounding property rights that is fair to both men and women, contract enforcement, and dispute resolution, along with the administration of those laws; reducing incentives for corruption and promoting transparent business practices; strengthening the legal framework surrounding intellectual property rights; and improving laws and regulations affecting the creation, dissemination, and use of technology.

It also includes improving policies and regulations affecting technology choices and production behaviors with environmental impacts; and improving policies, laws, and regulations affecting hiring and firing of workers, wages, working conditions, and collective bargaining.

Includes support for specific improvements as well as efforts to strengthen the institutions that contribute to designing and implementing further improvements.