Business Removing

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DOING BUSINESS INDICATORS 91 Starting a <strong>Business</strong> Hiring and Firing Workers January 2004 January 2004 Minimum Difficulty Rigidity Difficulty Rigidity of Cost capital of hiring of hours of firing employment Firing Number of Time (% of income (% of income index index index index costs Economy procedures (days) per capita) per capita) (0–100) (0–100) (0–100) (0–100) (weeks) Pakistan 11 24 36.0 0.0 78 40 30 49 90 Panama 7 19 25.1 0.0 78 40 70 63 47 Papua New Guinea 8 56 30.7 0.0 11 20 20 17 38 Paraguay 17 74 157.6 0.0 56 60 60 59 99 Peru 10 98 36.4 0.0 44 60 60 55 56 Philippines 11 50 19.5 2.2 22 60 40 41 90 Poland 10 31 20.6 237.9 11 60 30 34 25 Portugal 11 78 13.5 39.5 33 80 60 58 98 Puerto Rico 7 7 1.0 0.0 22 20 20 21 0 Romania 5 28 7.4 0.0 78 60 50 63 98 Russia 9 36 6.7 5.6 0 60 20 27 17 Rwanda 9 21 316.9 0.0 89 80 60 76 54 Saudi Arabia 12 64 69.7 1549.5 0 40 0 13 79 Senegal 9 57 112.9 270.4 61 60 70 64 38 Serbia and Montenegro 11 51 9.5 120.3 28 0 40 23 21 Sierra Leone 9 26 1268.4 0.0 78 80 70 76 188 Singapore 7 8 1.2 0.0 0 0 0 0 4 Slovak Republic 9 52 5.7 46.1 0 20 10 10 17 Slovenia 10 61 12.3 19.0 28 80 50 53 47 South Africa 9 38 9.1 0.0 56 40 60 52 38 Spain 7 108 16.5 16.9 67 80 60 69 68 Sri Lanka 8 50 10.7 0.0 0 40 80 40 108 Sweden 3 16 0.7 36.9 28 60 40 43 24 Switzerland 6 20 8.6 33.2 0 40 10 17 12 Syrian Arab Republic 12 47 34.2 5053.9 0 60 50 37 79 Taiwan, China 8 48 6.3 224.7 61 60 30 50 90 Tanzania 13 35 186.9 6.8 56 80 60 65 38 Thailand 8 33 6.7 0.0 67 40 20 42 47 Togo 13 53 229.4 485.7 89 80 60 76 84 Tunisia 9 14 11.0 327.3 61 0 100 54 29 Turkey 8 9 26.4 0.0 44 80 40 55 112 Uganda 17 36 131.3 0.0 0 20 0 7 12 Ukraine 15 34 17.6 113.9 33 80 80 64 94 United Arab Emirates 12 54 26.5 416.9 0 80 20 33 96 United Kingdom 6 18 0.9 0.0 11 40 10 20 25 United States 5 5 0.6 0.0 0 0 10 3 8 Uruguay 11 45 48.2 181.6 33 60 0 31 34 Uzbekistan 9 35 17.0 21.9 33 40 100 58 28 Venezuela, RB 13 116 15.0 0.0 78 80 10 56 83 Vietnam 11 56 28.6 0.0 56 40 70 55 98 Yemen, Rep. 12 63 269.3 1561.1 0 80 30 37 17 Zambia 6 35 22.8 2.7 0 40 40 27 47 Zimbabwe 10 96 304.7 53.0 11 40 20 24 29
92 DOING BUSINESS IN 2005 Registering Property Getting Credit January 2004 January 2004 Cost to Legal Credit Private Cost create collateral rights information Public registry bureau Number of Time (% of property (% of income index index coverage coverage Economy procedures (days) value) per capita) (0–10) (0–6) (per 1,000 adults) (per 1,000 adults) Albania 7 47 3.8 0.3 9 0 0 0 Algeria 16 52 9.0 0.4 3 0 0 0 Angola 8 335 11.0 6.9 3 4 7 0 Argentina 5 44 8.8 21.3 3 6 201 733 Armenia 4 18 0.9 0.9 4 . . . . 0 Australia 5 7 4.5 5.5 9 5 0 954 Austria 3 32 4.5 0.0 5 5 11 393 Azerbaijan 7 61 0.5 9.2 6 0 0 0 Bangladesh . . . . . . 21.3 . . 3 7 0 Belarus 7 231 0.2 3.6 5 3 . . 0 Belgium 2 132 12.8 6.4 7 6 533 0 Benin 3 50 15.1 80.7 4 2 2 0 Bhutan 4 44 1.0 0.6 . . 0 0 0 Bolivia 7 92 5.1 51.0 3 4 96 0 Bosnia and Herzegovina 7 331 6.1 15.2 5 4 0 156 Botswana 4 69 5.0 2.0 9 5 0 309 Brazil 14 42 2.0 21.4 2 6 78 425 Bulgaria 9 19 2.4 1.0 6 4 13 0 Burkina Faso 8 107 16.2 22.2 4 2 2 0 Burundi 5 94 18.1 38.3 . . 2 2 0 Cambodia 7 56 4.1 0.0 4 0 0 0 Cameroon 5 93 18.8 87.6 4 2 1 0 Canada 6 20 2.0 0.0 7 5 0 1000 Central African Republic 3 69 17.4 15.0 3 3 1 0 Chad 6 44 13.3 48.9 3 3 0 0 Chile 6 31 1.4 5.3 4 6 290 220 China 3 32 3.1 0.0 2 3 4 0 Colombia 7 23 3.6 38.9 4 4 0 300 Congo, Dem. Rep. 8 106 10.1 130.0 3 0 0 0 Congo, Rep. 6 103 22.5 151.1 3 3 1 0 Costa Rica 6 21 3.6 16.2 4 5 10 1000 Côte d’Ivoire 7 340 10.2 155.9 2 2 2 0 Croatia 5 956 2.5 6.1 4 0 0 0 Czech Republic 4 122 3.0 0.6 6 5 21 249 Denmark 6 42 0.6 16.4 7 3 0 71 Dominican Republic 7 107 6.3 38.4 4 5 . . 294 Ecuador 12 21 16.0 10.8 3 5 124 0 Egypt, Arab Rep. 7 193 7.0 52.7 0 3 102 0 El Salvador 5 52 3.5 5.0 5 5 198 823 Estonia 4 65 0.5 43.0 . . 5 0 95 Ethiopia 15 56 11.0 10.6 5 0 0 0 Finland 3 14 4.0 0.8 6 4 0 148 France 10 193 5.8 0.5 3 3 17 0 Georgia 8 39 2.5 30.0 7 0 0 0 Germany 4 41 4.2 0.0 8 6 6 856 Ghana 7 382 4.1 37.9 5 2 0 1
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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
Page 46 and 47: 41 Getting credit Who is increasing
Page 48 and 49: GETTING CREDIT 43 TABLE 6.1 Coverag
Page 50 and 51: GETTING CREDIT 45 ment only takes t
Page 52 and 53: 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: 90 DOING BUSINESS IN 2005 Starting
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 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
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ACKNOWLEDGMENTS 143 Gavin Doherty E
Page 150 and 151:
ACKNOWLEDGMENTS 145 Indrikis Liepa
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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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