In the past eight years, El Salvador fell 43 places in the ranking of the World Economic Forum on Competitiveness. In 2011 it ranked 91 out of 142 countries, while in 2003 it was at position 43.
A group of businessmen created the Competitiveness Initiative, an effort to make proposals and work with authorities in order to make the necessary improvements in the economic and business environment. "In order to advance the agenda ... workshops were created on business, education, infrastructure, facilitation of procedures and access to markets and investments," reported Elsalvador.com.
Regarding facilitating procedures, for example, they aim to make legal and institutional changes to improve transparency, legal certainty and efficiency by reducing bureaucracy. The businesswoman Elena de Alfaro, coordinator of the table, explained that from 2006 to 2012, the country fell 36 places in terms of ease of doing paperwork, according to the 'Doing Business' report by the World Bank.
One of the solutions proposed is the creation of the Citizen Facilitation Act, the Administrative Procedures Act and the Electronic Signature Act, which currently is in the hands of the Technical Secretariat of the Presidency.
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The initiative seeks to build a national agenda based on agreements and actions to be implemented to solve problems that have driven back the country's global competitiveness.
A press release from the Salvadoran Federation for Social and Economic Development(Fusades) reads:
Entrepreneurs from different sectors have come together in pursuit of projects and initiatives to generate greater productivity through innovation.
This is the "Privy Council on Competitiveness, an entity created and funded by the Guatemalan private sector, specifically for corporate donors under the framework of the Coordinating Committee of Agricultural, Commercial, Industrial and Financial Associations (Cacif) and the Foundation for Development of Guatemala (Fundesa) are working on the Initiative: Lets Improve Guatemala," said Fanny D. Estrada in her article in Prensalibre.com.
The Government of Guatemala has presented its 2012-2021 National Competitiveness Agenda aiming to strengthen the economy, attract investment and promote development.
Guatemala's government has presented the National Competitiveness Agenda 2012-2021 to the public, a plan that aims to fight poverty, strengthen the economy, attract investment and promote development. The plan contains more than 400 specific actions.
The Doing Business 2009 report from BM, reports that El Salvador is one countries that has pass the most reforms to facilitate commercial activities.
In Doing Business 2009, El Salvador is ranked 72, an improvement of five places in comparison to the previous ranking of 77. This report is one of the reference documents for capital investment globally, and is a map of the investment conditions in the various countries.