Business Climate Survey (BCS) is a tool to measure a territory’s economic development progress and economic governance. In the case of GRAPE, it is applied at the municipality level.

BCS, as a monitoring tool, helps to:

• provide suitable indicators to track the development status of a location or a project; and
• measure development progress by comparing economic indicators over time.

BCS, as a development tool, also:

• enables inter-territorial benchmarking with other areas; and
• fuels competition among locations and, thus, accelerates development progress.

The BCS, as a dialogue tool,

• feeds survey results into policy dialogue and formulation.