By World Bank
Doing company in 2005 is the second one in a sequence of annual reviews investigating the scope and demeanour of rules that increase enterprise job and people who constrain it. New quantitative signs on enterprise laws and their enforcement should be in comparison throughout one hundred forty five countries-from Albania to Zimbabwe-and over the years. Doing company in 2004:understanding legislation provided signs in five subject matters: beginning a company, hiring and firing staff, imposing contracts, getting credits and shutting a company. Doing company in 2005 updates those measures and provides one other units: registering estate and holding traders. the indications are used to research financial and social results, similar to productiveness, funding, informality, corruption, unemployment, and poverty, and determine what reforms have labored, the place and why.
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Doing company in 2005 is the second one in a sequence of annual stories investigating the scope and demeanour of rules that increase enterprise job and those who constrain it. New quantitative signs on enterprise rules and their enforcement could be in comparison throughout a hundred forty five countries-from Albania to Zimbabwe-and over the years.
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Additional resources for Doing business in 2005
Sierra Leone Tanzania Senegal Congo, Dem. Rep. Côte d’Ivoire Uzbekistan Burkina Faso Angola Nigeria 28 27 26 26 24 22 19 17 16 4 The ease of registering property is a simple average of country rankings by the number of procedures, time and cost, where higher values indicate more efficient property registration. Entrepreneurs in Nordic countries have the easiest time transferring property. Armenia and Lithuania also make the top 10 list following their reforms. Nine of the 10 least efficient countries are in SubSaharan Africa, largely because of combined high costs and time.
Côte d’Ivoire, Georgia, Italy, Mexico, Peru and Vietnam permit a bankrupt debtor to seek safe harbor from debt collection for the entire insolvency proceeding—by which time the bankruptcy estate is whittled to nothing. Real estate and essential business equipment in Bolivia, Mali and United Arab Emirates are exempt from collection on default. 1 Getting credit is hard, especially for some Access to bank finance (percentage of firms with bank finance) More Access Male-owned businesses in Tanzania Female-owned businesses in Tanzania Source: Doing Business database.
The application is rejected. The business stays small. Zohra’s tale is common. Getting finance is rated as the biggest obstacle for businesses in Algeria. 1 Smaller businesses are constrained the most. 2 Some governments have made access to credit easier. In 2003–04, credit information systems were established in Armenia, Bulgaria, India, Latvia and Slovakia and improved in another 20 countries. Collateral law reform has also proceeded, at a more modest pace. Slovakia was the top reformer last year.