ADB Working Paper Series on
               Regional Economic Integration
      Regulatory Reforms for Improving the Business 
      Environment in Selected Asian Economies—
      How Monitoring and Comparative Benchmarking 
      Can Provide Incentive for Reform 
      Lotte Schou-Zibell and Srinivasa Madhur
      No. 40  |   January 2010 
                       ADB Working Paper Series on Regional Economic Integration
                       Regulatory Reforms for Improving the Business 
                       Environment in Selected Asian Economies—
                       How Monitoring and Comparative Benchmarking 
                       Can Provide Incentive for Reform
                       Lotte Schou-Zibell+ and Srinivasa Madhur++                 The authors would like to thank Iloila Lacson Tan 
                                                                                  for research assistance and Kevin Donahue for 
                       No. 40       January 2010                                  editorial assistance.
                                                                                  +
                                                                                   Lotte Schou-Zibell is the Senior Economist of the 
                                                                                  Office  of  Regional  Economic  Integration, Asian 
                                                                                  Development Bank, 6 ADB Avenue, Mandaluyong 
                                                                                  City, 1550 Metro Manila, Philippines. Tel +63 2 632 
                                                                                  5245, Fax +63 2 636 2342, lschouzibell@adb.org
                                                                                  ++Srinivasa  Madhur  is  the  Senior  Director, 
                                                                                  Office  of  Regional  Economic  Integration, Asian 
                                                                                  Development Bank, 6 ADB Avenue, Mandaluyong 
                                                                                  City, 1550 Metro Manila, Philippines. Tel +632 632 
                                                                                  5744, Fax +632 636 2183, smadhur@adb.org
             
          The ADB Working Paper Series on Regional Economic Integration focuses on topics relating to regional 
          cooperation and integration in the areas of infrastructure and software, trade and investment, money and 
          finance, and regional public goods. The series is a quick-disseminating, informal publication that seeks to 
          provide information, generate discussion, and elicit comments. Working papers published under this series 
          may subsequently be published elsewhere. 
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
          Disclaimer: 
           
          The views expressed in this paper are those of the author(s) and do not necessarily reflect the views and 
          policies of the Asian Development Bank or its Board of Governors or the governments they represent. 
           
          The Asian Development Bank does not guarantee the accuracy of the data included in this publication and 
          accepts no responsibility for any consequence of their use. 
           
          By making any designation of or reference to a particular territory or geographic area, or by using the term 
          "country" in this document, the Asian Development Bank does not intend to make any judgments as to the 
          legal or other status of any territory or area. 
           
           
           
           
          © 2010 by Asian Development Bank 
          January 2010 
          Publication Stock No.