Economy
Poor Ease of Doing Business & Low Private Innovation
Regulatory friction and weak contract certainty deter investment and scale-up of firms.
Firms stay small and cautious when compliance is heavy, contracts are hard to enforce, and policy shifts overnight.
What keeps this stuck
- Overwhelming compliance load on MSMEs
- Contract enforcement delays (often 1,400+ days)
- Risk-averse capital chasing clone business models over deep innovation
- Low corporate R&D spending (~0.6% of GDP)
- Regulatory flip-flops that punish long-term investment
Is this a root problem worth fixing first?
How this connects
Where this problem sits in the causal graph — what feeds it, and what it feeds.
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What could move this
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13 solutions found