14.09.2015 Views

Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

Doing Business in 2005 -- Removing Obstacles to Growth

SHOW MORE
SHOW LESS
  • No tags were found...

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

108 DOING BUSINESS IN 2005<br />

ETHIOPIA GNI per capita (US$) 90 Population (m) 68.6<br />

Sub-Saharan Africa<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 7 Number of procedures 15 Disclosure Index 2<br />

Time (days) 32 Time (days) 56<br />

Cost (% of income per capita) 77.4 Cost (% of property value) 11.0 Enforcing contracts<br />

Minimum capital (% of income per capita) 1821.9 Number of procedures 30<br />

Getting Credit Time (days) 420<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 10.6 Cost (% of debt) 14.8<br />

Difficulty of hiring index 50 Legal rights of borrowers and lenders 5<br />

Rigidity of hours index 60 Credit information index 0 Closing a business<br />

Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 2.4<br />

Rigidity of employment index 43 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 48 Recovery rate (cents on the dollar) 40.0<br />

FINLAND GNI per capita (US$) 27,020 Population (m) 5.2<br />

OECD: High income<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 3 Number of procedures 3 Disclosure Index 5<br />

Time (days) 14 Time (days) 14<br />

Cost (% of income per capita) 1.2 Cost (% of property value) 4.0 Enforcing contracts<br />

Minimum capital (% of income per capita) 29.3 Number of procedures 27<br />

Getting Credit Time (days) 240<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.8 Cost (% of debt) 7.2<br />

Difficulty of hiring index 33 Legal rights of borrowers and lenders 6<br />

Rigidity of hours index 60 Credit information index 4 Closing a business<br />

Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 0.9<br />

Rigidity of employment index 44 Private bureau coverage (borrowers/1000 adults) 148 Cost of insolvency (% of estate) 1.0<br />

Firing costs (weeks) 24 Recovery rate (cents on the dollar) 90.2<br />

FRANCE GNI per capita (US$) 24,770 Population (m) 59.7<br />

OECD: High income<br />

High income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 7 Number of procedures 10 Disclosure Index 6<br />

Time (days) 8 Time (days) 193<br />

Cost (% of income per capita) 1.1 Cost (% of property value) 5.8 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 21<br />

Getting Credit Time (days) 75<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 0.5 Cost (% of debt) 11.7<br />

Difficulty of hiring index 78 Legal rights of borrowers and lenders 3<br />

Rigidity of hours index 80 Credit information index 3 Closing a business<br />

Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 17 Time of insolvency (years) 1.9<br />

Rigidity of employment index 66 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 32 Recovery rate (cents on the dollar) 46.6<br />

GEORGIA GNI per capita (US$) 830 Population (m) 4.6<br />

Europe & Central Asia<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 9 Number of procedures 8 Disclosure Index 5<br />

Time (days) 25 Time (days) 39<br />

Cost (% of income per capita) 13.7 Cost (% of property value) 2.5 Enforcing contracts<br />

Minimum capital (% of income per capita) 54.5 Number of procedures 18<br />

Getting Credit Time (days) 375<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 30.0 Cost (% of debt) 31.7<br />

Difficulty of hiring index 17 Legal rights of borrowers and lenders 7<br />

Rigidity of hours index 60 Credit information index 0 Closing a business<br />

Difficulty of firing index 70 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.2<br />

Rigidity of employment index 49 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 4.0<br />

Firing costs (weeks) 21 Recovery rate (cents on the dollar) 20.3

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!