Business Removing

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COUNTRY TABLES 99 ARMENIA GNI per capita (US$) 950 Population (m) 3.1 Europe & Central Asia Lower middle income Starting a business Registering property Protecting investors Number of procedures 10 Number of procedures 4 Disclosure Index 3 Time (days) 25 Time (days) 18 Cost (% of income per capita) 7.0 Cost (% of property value) 0.9 Enforcing contracts Minimum capital (% of income per capita) 4.5 Number of procedures 24 Getting Credit Time (days) 195 Hiring and Firing Workers Cost to create collateral (% income per capita) 0.9 Cost (% of debt) 17.8 Difficulty of hiring index 17 Legal rights of borrowers and lenders 4 Rigidity of hours index 40 Credit information index . . Closing a business Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) . . Time of insolvency (years) 1.9 Rigidity of employment index 36 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 4.0 Firing costs (weeks) 17 Recovery rate (cents on the dollar) 39.6 AUSTRALIA GNI per capita (US$) 21,650 Population (m) 19.9 OECD: High income High income Starting a business Registering property Protecting investors Number of procedures 2 Number of procedures 5 Disclosure Index 6 Time (days) 2 Time (days) 7 Cost (% of income per capita) 2.1 Cost (% of property value) 4.5 Enforcing contracts Minimum capital (% of income per capita) 0.0 Number of procedures 11 Getting Credit Time (days) 157 Hiring and Firing Workers Cost to create collateral (% income per capita) 5.5 Cost (% of debt) 14.4 Difficulty of hiring index 0 Legal rights of borrowers and lenders 9 Rigidity of hours index 40 Credit information index 5 Closing a business Difficulty of firing index 10 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 1.0 Rigidity of employment index 17 Private bureau coverage (borrowers/1000 adults) 954 Cost of insolvency (% of estate) 8.0 Firing costs (weeks) 17 Recovery rate (cents on the dollar) 80.0 AUSTRIA GNI per capita (US$) 26,720 Population (m) 8.1 OECD: High income High income Starting a business Registering property Protecting investors Number of procedures 9 Number of procedures 3 Disclosure Index 6 Time (days) 29 Time (days) 32 Cost (% of income per capita) 6.0 Cost (% of property value) 4.5 Enforcing contracts Minimum capital (% of income per capita) 64.1 Number of procedures 20 Getting Credit Time (days) 374 Hiring and Firing Workers Cost to create collateral (% income per capita) 0.0 Cost (% of debt) 9.8 Difficulty of hiring index 0 Legal rights of borrowers and lenders 5 Rigidity of hours index 80 Credit information index 5 Closing a business Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 11 Time of insolvency (years) 1.0 Rigidity of employment index 40 Private bureau coverage (borrowers/1000 adults) 393 Cost of insolvency (% of estate) 18.0 Firing costs (weeks) 55 Recovery rate (cents on the dollar) 72.5 AZERBAIJAN GNI per capita (US$) 810 Population (m) 8.2 Europe & Central Asia Low income Starting a business Registering property Protecting investors Number of procedures 14 Number of procedures 7 Disclosure Index 2 Time (days) 123 Time (days) 61 Cost (% of income per capita) 14.7 Cost (% of property value) 0.5 Enforcing contracts Minimum capital (% of income per capita) 0.0 Number of procedures 25 Getting Credit Time (days) 267 Hiring and Firing Workers Cost to create collateral (% income per capita) 9.2 Cost (% of debt) 19.8 Difficulty of hiring index 33 Legal rights of borrowers and lenders 6 Rigidity of hours index 40 Credit information index 0 Closing a business Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 2.7 Rigidity of employment index 38 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0 Firing costs (weeks) 42 Recovery rate (cents on the dollar) 33.2
100 DOING BUSINESS IN 2005 BANGLADESH GNI per capita (US$) 400 Population (m) 138.1 South Asia Low income Starting a business Registering property Protecting investors Number of procedures 8 Number of procedures . . Disclosure Index 3 Time (days) 35 Time (days) . . Cost (% of income per capita) 91.0 Cost (% of property value) . . Enforcing contracts Minimum capital (% of income per capita) 0.0 Number of procedures 29 Getting Credit Time (days) 365 Hiring and Firing Workers Cost to create collateral (% income per capita) 21.3 Cost (% of debt) 21.3 Difficulty of hiring index 11 Legal rights of borrowers and lenders . . Rigidity of hours index 40 Credit information index 3 Closing a business Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 7 Time of insolvency (years) 4.0 Rigidity of employment index 24 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0 Firing costs (weeks) 47 Recovery rate (cents on the dollar) 23.2 BELARUS GNI per capita (US$) 1,590 Population (m) 9.9 Europe & Central Asia Lower middle income Starting a business Registering property Protecting investors Number of procedures 16 Number of procedures 7 Disclosure Index 1 Time (days) 79 Time (days) 231 Cost (% of income per capita) 25.3 Cost (% of property value) 0.2 Enforcing contracts Minimum capital (% of income per capita) 44.3 Number of procedures 28 Getting Credit Time (days) 250 Hiring and Firing Workers Cost to create collateral (% income per capita) 3.6 Cost (% of debt) 20.7 Difficulty of hiring index 33 Legal rights of borrowers and lenders 5 Rigidity of hours index 60 Credit information index 3 Closing a business Difficulty of firing index 70 Public registry coverage (borrowers/1000 adults) .. Time of insolvency (years) 5.8 Rigidity of employment index 54 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 4.0 Firing costs (weeks) 21 Recovery rate (cents on the dollar) 11.9 BELGIUM GNI per capita (US$) 25,820 Population (m) 10.3 OECD: High income High income Starting a business Registering property Protecting investors Number of procedures 4 Number of procedures 2 Disclosure Index 4 Time (days) 34 Time (days) 132 Cost (% of income per capita) 11.3 Cost (% of property value) 12.8 Enforcing contracts Minimum capital (% of income per capita) 14.1 Number of procedures 27 Getting Credit Time (days) 112 Hiring and Firing Workers Cost to create collateral (% income per capita) 6.4 Cost (% of debt) 6.2 Difficulty of hiring index 11 Legal rights of borrowers and lenders 7 Rigidity of hours index 40 Credit information index 6 Closing a business Difficulty of firing index 10 Public registry coverage (borrowers/1000 adults) 533 Time of insolvency (years) 0.9 Rigidity of employment index 20 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 4.0 Firing costs (weeks) 8 Recovery rate (cents on the dollar) 86.2 BENIN GNI per capita (US$) 440 Population (m) 6.7 Sub-Saharan Africa Low income Starting a business Registering property Protecting investors Number of procedures 8 Number of procedures 3 Disclosure Index 1 Time (days) 32 Time (days) 50 Cost (% of income per capita) 196.9 Cost (% of property value) 15.1 Enforcing contracts Minimum capital (% of income per capita) 333.4 Number of procedures 49 Getting Credit Time (days) 570 Hiring and Firing Workers Cost to create collateral (% income per capita) 80.7 Cost (% of debt) 29.6 Difficulty of hiring index 72 Legal rights of borrowers and lenders 4 Rigidity of hours index 60 Credit information index 2 Closing a business Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 2 Time of insolvency (years) 3.1 Rigidity of employment index 61 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0 Firing costs (weeks) 54 Recovery rate (cents on the dollar) 8.8
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Doing Business in 2005 Removing Obs
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Contents Doing Business in 2005 is
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2 DOING BUSINESS IN 2005 FIGURE 1.1
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4 DOING BUSINESS IN 2005 FIGURE 1.4
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6 DOING BUSINESS IN 2005 TABLE 1.3
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8 DOING BUSINESS IN 2005 Notes 1. P
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10 DOING BUSINESS IN 2005 eration w
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12 DOING BUSINESS IN 2005 Based on
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14 DOING BUSINESS IN 2005 FIGURE 2.
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17 Starting a business Who is refor
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STARTING A BUSINESS 19 BOX 3.1 Who
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FIGURE 3.4 “More difficult” can
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STARTING A BUSINESS 23 Introduce te
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HIRING AND FIRING WORKERS 25 Hiring
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HIRING AND FIRING WORKERS 27 TABLE
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HIRING AND FIRING WORKERS 29 FIGURE
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HIRING AND FIRING WORKERS 31 FIGURE
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33 Registering property Who makes r
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REGISTERING PROPERTY 35 BOX 5.1 Who
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REGISTERING PROPERTY 37 FIGURE 5.4
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REGISTERING PROPERTY 39 Others are
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41 Getting credit Who is increasing
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GETTING CREDIT 43 TABLE 6.1 Coverag
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GETTING CREDIT 45 ment only takes t
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GETTING CREDIT 47 losing possession
Page 54 and 55: 49 Protecting investors Who uses eq
Page 56 and 57: PROTECTING INVESTORS 51 FIGURE 7.1
Page 58 and 59: PROTECTING INVESTORS 53 FIGURE 7.4
Page 60 and 61: PROTECTING INVESTORS 55 national in
Page 62: PROTECTING INVESTORS 57 With langui
Page 65 and 66: 60 DOING BUSINESS IN 2005 FIGURE 8.
Page 67 and 68: 62 DOING BUSINESS IN 2005 In Lithua
Page 69 and 70: 64 DOING BUSINESS IN 2005 FIGURE 8.
Page 71 and 72: 66 DOING BUSINESS IN 2005 enforceme
Page 73 and 74: 68 DOING BUSINESS IN 2005 tion and
Page 75 and 76: 70 DOING BUSINESS IN 2005 Japan hav
Page 77 and 78: 72 DOING BUSINESS IN 2005 Provide s
Page 80 and 81: 75 References Acemoglu, Daron. 2003
Page 82 and 83: REFERENCES 77 ———. forthcomin
Page 84 and 85: 79 Data notes Economy characteristi
Page 86 and 87: DATA NOTES 81 Cost measure The text
Page 88 and 89: DATA NOTES 83 Assumptions about the
Page 90 and 91: DATA NOTES 85 such as government or
Page 92: DATA NOTES 87 Assumptions about the
Page 95 and 96: 90 DOING BUSINESS IN 2005 Starting
Page 97 and 98: 92 DOING BUSINESS IN 2005 Registeri
Page 99 and 100: 94 DOING BUSINESS IN 2005 Registeri
Page 101 and 102: 96 DOING BUSINESS IN 2005 Protectin
Page 103: 98 DOING BUSINESS IN 2005 ALBANIA G
Page 107 and 108: 102 DOING BUSINESS IN 2005 BRAZIL G
Page 109 and 110: 104 DOING BUSINESS IN 2005 CHAD GNI
Page 111 and 112: 106 DOING BUSINESS IN 2005 CROATIA
Page 113 and 114: 108 DOING BUSINESS IN 2005 ETHIOPIA
Page 115 and 116: 110 DOING BUSINESS IN 2005 GUINEA G
Page 117 and 118: 112 DOING BUSINESS IN 2005 IRELAND
Page 119 and 120: 114 DOING BUSINESS IN 2005 KOREA, R
Page 121 and 122: 116 DOING BUSINESS IN 2005 MACEDONI
Page 123 and 124: 118 DOING BUSINESS IN 2005 MONGOLIA
Page 125 and 126: 120 DOING BUSINESS IN 2005 NIGER GN
Page 127 and 128: 122 DOING BUSINESS IN 2005 PERU GNI
Page 129 and 130: 124 DOING BUSINESS IN 2005 SAUDI AR
Page 131 and 132: 126 DOING BUSINESS IN 2005 SPAIN GN
Page 133 and 134: 128 DOING BUSINESS IN 2005 TOGO GNI
Page 135 and 136: 130 DOING BUSINESS IN 2005 URUGUAY
Page 138 and 139: ACKNOWLEDGMENTS 133 Acknowledgments
Page 140 and 141: ACKNOWLEDGMENTS 135 Angela Zaffalon
Page 142 and 143: ACKNOWLEDGMENTS 137 Nolan Stringfie
Page 144 and 145: ACKNOWLEDGMENTS 139 Thomas Bang LVP
Page 146 and 147: ACKNOWLEDGMENTS 141 Günter Schneid
Page 148 and 149: ACKNOWLEDGMENTS 143 Gavin Doherty E
Page 150 and 151: ACKNOWLEDGMENTS 145 Indrikis Liepa
Page 152 and 153: ACKNOWLEDGMENTS 147 Phillip Mwangal
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ACKNOWLEDGMENTS 149 Nestor Espenill
Page 156 and 157:
ACKNOWLEDGMENTS 151 Beng Hong Ong W
Page 158 and 159:
ACKNOWLEDGMENTS 153 Leopold Thomas
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ACKNOWLEDGMENTS 155 Marcela Hughes
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