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Business Removing

Doing Business in 2005 -- Removing Obstacles to Growth

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118 DOING BUSINESS IN 2005<br />

MONGOLIA GNI per capita (US$) 480 Population (m) 2.5<br />

East Asia & Pacific<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 8 Number of procedures 4 Disclosure Index 3<br />

Time (days) 20 Time (days) 10<br />

Cost (% of income per capita) 8.1 Cost (% of property value) 0.4 Enforcing contracts<br />

Minimum capital (% of income per capita) 182.1 Number of procedures 26<br />

Getting Credit Time (days) 314<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 2.0 Cost (% of debt) 22.6<br />

Difficulty of hiring index 11 Legal rights of borrowers and lenders 5<br />

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

Difficulty of firing index 20 Public registry coverage (borrowers/1000 adults) 23 Time of insolvency (years) 4.0<br />

Rigidity of employment index 37 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 17 Recovery rate (cents on the dollar) 16.5<br />

MOROCCO GNI per capita (US$) 1,320 Population (m) 30.1<br />

Middle East & North Africa<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 5 Number of procedures 3 Disclosure Index 4<br />

Time (days) 11 Time (days) 82<br />

Cost (% of income per capita) 12.3 Cost (% of property value) 6.1 Enforcing contracts<br />

Minimum capital (% of income per capita) 718.6 Number of procedures 17<br />

Getting Credit Time (days) 240<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 62.2 Cost (% of debt) 17.7<br />

Difficulty of hiring index 100 Legal rights of borrowers and lenders 2<br />

Rigidity of hours index 40 Credit information index 2 Closing a business<br />

Difficulty of firing index 70 Public registry coverage (borrowers/1000 adults) 6 Time of insolvency (years) 1.8<br />

Rigidity of employment index 70 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 18.0<br />

Firing costs (weeks) 101 Recovery rate (cents on the dollar) 34.8<br />

MOZAMBIQUE GNI per capita (US$) 210 Population (m) 18.8<br />

Sub-Saharan Africa<br />

Low income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 14 Number of procedures 7 Disclosure Index 2<br />

Time (days) 153 Time (days) 33<br />

Cost (% of income per capita) 95.8 Cost (% of property value) 11.9 Enforcing contracts<br />

Minimum capital (% of income per capita) 14.5 Number of procedures 38<br />

Getting Credit Time (days) 580<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 5.0 Cost (% of debt) 16.0<br />

Difficulty of hiring index 72 Legal rights of borrowers and lenders 4<br />

Rigidity of hours index 80 Credit information index 4 Closing a business<br />

Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 5 Time of insolvency (years) 5.0<br />

Rigidity of employment index 64 Private bureau coverage (borrowers/1000 adults) 0 Cost of insolvency (% of estate) 8.0<br />

Firing costs (weeks) 141 Recovery rate (cents on the dollar) 12.3<br />

NAMIBIA GNI per capita (US$) 1,870 Population (m) 2.0<br />

Sub-Saharan Africa<br />

Lower middle income<br />

Starting a business Registering property Protecting investors<br />

Number of procedures 10 Number of procedures 9 Disclosure Index 1<br />

Time (days) 85 Time (days) 28<br />

Cost (% of income per capita) 19.3 Cost (% of property value) 9.7 Enforcing contracts<br />

Minimum capital (% of income per capita) 0.0 Number of procedures 31<br />

Getting Credit Time (days) 270<br />

Hiring and Firing Workers Cost to create collateral (% income per capita) 28.3 Cost (% of debt) 28.3<br />

Difficulty of hiring index 0 Legal rights of borrowers and lenders . .<br />

Rigidity of hours index 60 Credit information index 5 Closing a business<br />

Difficulty of firing index 40 Public registry coverage (borrowers/1000 adults) 0 Time of insolvency (years) 1.0<br />

Rigidity of employment index 33 Private bureau coverage (borrowers/1000 adults) 353 Cost of insolvency (% of estate) 4.0<br />

Firing costs (weeks) 26 Recovery rate (cents on the dollar) 53.7

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