Business Removing

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COUNTRY TABLES 113 JAPAN GNI per capita (US$) 34,510 Population (m) 127.2 OECD: High income High income Starting a business Registering property Protecting investors Number of procedures 11 Number of procedures 6 Disclosure Index 6 Time (days) 31 Time (days) 14 Cost (% of income per capita) 10.6 Cost (% of property value) 4.1 Enforcing contracts Minimum capital (% of income per capita) 74.9 Number of procedures 16 Getting Credit Time (days) 60 Hiring and Firing Workers Cost to create collateral (% income per capita) 2.7 Cost (% of debt) 8.6 Difficulty of hiring index 33 Legal rights of borrowers and lenders 6 Rigidity of hours index 40 Credit information index 6 Closing a business Difficulty of firing index 0 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 0.5 Rigidity of employment index 24 Private bureau coverage (borrowers/1000 adults) 615 Cost of insolvency (% of estate) 4.0 Firing costs (weeks) 21 Recovery rate (cents on the dollar) 92.4 JORDAN GNI per capita (US$) 1,850 Population (m) 5.3 Middle East & North Africa Lower middle income Starting a business Registering property Protecting investors Number of procedures 11 Number of procedures 8 Disclosure Index 3 Time (days) 36 Time (days) 22 Cost (% of income per capita) 52.0 Cost (% of property value) 10.0 Enforcing contracts Minimum capital (% of income per capita) 1147.7 Number of procedures 43 Getting Credit Time (days) 342 Hiring and Firing Workers Cost to create collateral (% income per capita) 56.3 Cost (% of debt) 8.8 Difficulty of hiring index 11 Legal rights of borrowers and lenders 6 Rigidity of hours index 40 Credit information index 3 Closing a business Difficulty of firing index 50 Public registry coverage (borrowers/1000 adults) 5 Time of insolvency (years) 4.3 Rigidity of employment index 34 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0 Firing costs (weeks) 90 Recovery rate (cents on the dollar) 26.7 KAZAKHSTAN GNI per capita (US$) 1,780 Population (m) 14.9 Europe & Central Asia Lower middle income Starting a business Registering property Protecting investors Number of procedures 9 Number of procedures 8 Disclosure Index 5 Time (days) 25 Time (days) 52 Cost (% of income per capita) 10.5 Cost (% of property value) 1.8 Enforcing contracts Minimum capital (% of income per capita) 32.7 Number of procedures 41 Getting Credit Time (days) 400 Hiring and Firing Workers Cost to create collateral (% income per capita) 4.1 Cost (% of debt) 8.5 Difficulty of hiring index 0 Legal rights of borrowers and lenders 5 Rigidity of hours index 60 Credit information index 0 Closing a business Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.3 Rigidity of employment index 27 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0 Firing costs (weeks) 17 Recovery rate (cents on the dollar) 13.4 KENYA GNI per capita (US$) 390 Population (m) 31.9 Sub-Saharan Africa Low income Starting a business Registering property Protecting investors Number of procedures 12 Number of procedures 7 Disclosure Index 2 Time (days) 47 Time (days) 39 Cost (% of income per capita) 53.4 Cost (% of property value) 4.0 Enforcing contracts Minimum capital (% of income per capita) 0.0 Number of procedures 25 Getting Credit Time (days) 360 Hiring and Firing Workers Cost to create collateral (% income per capita) 3.3 Cost (% of debt) 41.3 Difficulty of hiring index 22 Legal rights of borrowers and lenders 8 Rigidity of hours index 20 Credit information index 4 Closing a business Difficulty of firing index 30 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 4.5 Rigidity of employment index 24 Private bureau coverage (borrowers/1000 adults) 1 Cost of insolvency (% of estate) 18.0 Firing costs (weeks) 47 Recovery rate (cents on the dollar) 14.7
114 DOING BUSINESS IN 2005 KOREA, REP. GNI per capita (US$) 12,020 Population (m) 48.0 OECD: High income High income Starting a business Registering property Protecting investors Number of procedures 12 Number of procedures 7 Disclosure Index 6 Time (days) 22 Time (days) 11 Cost (% of income per capita) 17.7 Cost (% of property value) 6.3 Enforcing contracts Minimum capital (% of income per capita) 332.0 Number of procedures 29 Getting Credit Time (days) 75 Hiring and Firing Workers Cost to create collateral (% income per capita) 8.1 Cost (% of debt) 5.4 Difficulty of hiring index 11 Legal rights of borrowers and lenders 6 Rigidity of hours index 60 Credit information index 5 Closing a business Difficulty of firing index 30 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 1.5 Rigidity of employment index 34 Private bureau coverage (borrowers/1000 adults) 1000 Cost of insolvency (% of estate) 4.0 Firing costs (weeks) 90 Recovery rate (cents on the dollar) 81.1 KUWAIT GNI per capita (US$) 16,340 Population (m) 2.4 Middle East & North Africa High income Starting a business Registering property Protecting investors Number of procedures 13 Number of procedures 8 Disclosure Index 1 Time (days) 35 Time (days) 75 Cost (% of income per capita) 2.4 Cost (% of property value) 1.0 Enforcing contracts Minimum capital (% of income per capita) 148.5 Number of procedures 52 Getting Credit Time (days) 390 Hiring and Firing Workers Cost to create collateral (% income per capita) 0.1 Cost (% of debt) 13.3 Difficulty of hiring index 0 Legal rights of borrowers and lenders 5 Rigidity of hours index 60 Credit information index 4 Closing a business Difficulty of firing index 0 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 4.2 Rigidity of employment index 20 Private bureau coverage (borrowers/1000 adults) 166 Cost of insolvency (% of estate) 1.0 Firing costs (weeks) 42 Recovery rate (cents on the dollar) 38.7 KYRGYZ REPUBLIC GNI per capita (US$) 330 Population (m) 5.1 Europe & Central Asia Low income Starting a business Registering property Protecting investors Number of procedures 8 Number of procedures 7 Disclosure Index 3 Time (days) 21 Time (days) 15 Cost (% of income per capita) 11.6 Cost (% of property value) 5.3 Enforcing contracts Minimum capital (% of income per capita) 0.6 Number of procedures 46 Getting Credit Time (days) 492 Hiring and Firing Workers Cost to create collateral (% income per capita) 12.4 Cost (% of debt) 47.9 Difficulty of hiring index 33 Legal rights of borrowers and lenders 8 Rigidity of hours index 40 Credit information index 0 Closing a business Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 3.5 Rigidity of employment index 38 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 4.0 Firing costs (weeks) 21 Recovery rate (cents on the dollar) 24.4 LAO PDR GNI per capita (US$) 320 Population (m) 5.7 East Asia & Pacific Low income Starting a business Registering property Protecting investors Number of procedures 9 Number of procedures 9 Disclosure Index 1 Time (days) 198 Time (days) 13.5 Cost (% of income per capita) 18.5 Cost (% of property value) 1.1 Enforcing contracts Minimum capital (% of income per capita) 28.5 Number of procedures 53 Getting Credit Time (days) 443 Hiring and Firing Workers Cost to create collateral (% income per capita) 3.8 Cost (% of debt) 30.3 Difficulty of hiring index 11 Legal rights of borrowers and lenders 2 Rigidity of hours index 60 Credit information index 0 Closing a business Difficulty of firing index 80 Public registry coverage (borrowers/1000 adults) . . Time of insolvency (years) 5.0 Rigidity of employment index 50 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 76.0 Firing costs (weeks) 185 Recovery rate (cents on the dollar) 0.0
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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
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49 Protecting investors Who uses eq
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PROTECTING INVESTORS 51 FIGURE 7.1
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PROTECTING INVESTORS 53 FIGURE 7.4
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PROTECTING INVESTORS 55 national in
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PROTECTING INVESTORS 57 With langui
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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 and 104: 98 DOING BUSINESS IN 2005 ALBANIA G
Page 105 and 106: 100 DOING BUSINESS IN 2005 BANGLADE
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: 112 DOING BUSINESS IN 2005 IRELAND
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
Page 154 and 155: ACKNOWLEDGMENTS 149 Nestor Espenill
Page 156 and 157: ACKNOWLEDGMENTS 151 Beng Hong Ong W
Page 158 and 159: ACKNOWLEDGMENTS 153 Leopold Thomas
Page 160: ACKNOWLEDGMENTS 155 Marcela Hughes
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