By World Bank
Doing enterprise in 2005: removal stumbling blocks to development is the second one in a sequence of annual reviews investigating the scope and demeanour of laws that increase company job and people who constrain it. New quantitative signs on company laws and their enforcement should be in comparison throughout one hundred forty five nations - from Albania to Zimbabwe - and over time.
The earlier document, Doing company in 2004: knowing legislation, provided symptoms in 5 major subject matters: beginning a enterprise, hiring and firing employees, implementing contracts, getting credits and shutting a enterprise. Doing enterprise in 2005 updates those measures and provides one other units: registering estate and retaining traders. the indications are used to research fiscal and social results reminiscent of productiveness, funding, informality, corruption, unemployment, and poverty, and determine what reforms have labored, the place and why.
In Doing enterprise in 2005, additionally, you will locate solutions to such questions as: that are the head 10 reformer international locations when you consider that final 12 months? that are the pinnacle 20 economies for doing enterprise? in addition to which international locations applied extra destructive regulations?
Doing enterprise is a accomplished source that no investor, policymaker, or financial consultant could be with out.
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Extra info for Doing Business in 2005: Obstacles to Growth (Doing Business)
7 Easy property registration—more secure property rights, less informality, less corruption Perceived security of property rights Informal sector share of GDP More secure Greater share Less secure Lesser share Least Most Countries ranked by steps to register property, quintiles Perceived corruption More corrupt Less corrupt Least Most Countries ranked by steps to register property, quintiles Note: Analysis controls for income per capita. Relationships are significant at the 5% level. Source: Doing Business database, Heritage Foundation (2004), Kaufmann and others (2003).
Fields (2002). 10. Based on analysis of the Doing Business indicators with firm level data on the perceived security of property rights, as reported in Batra and others (2003). 11. World Bank (2002). 12. Land Equity International (2003). 13. In Moldova and Ukraine the expedited procedure does not cut total time because they are performed simultaneously with procedures that take a longer time. 14. Anderson-Saito and Dhar (2004). 15. Ellis (2004). 16. Fafchamps and Quisumbing (2002), Katz and Chamorro (2002).
A related reform is to link or unify the property registry and cadastre. By doing so it is easier to detect overlapping and duplicate titles, saving time in due diligence and improving the security of property rights. Controlling for income per capita, countries with unified agencies score significantly higher on the ease of registering property. Lithuania unified its cadastre and property registry in 1997, as well as the separate land and building registries. It is now unifying all this with other important public registries—such as addresses and legal entities.
Doing Business in 2005: Obstacles to Growth (Doing Business) by World Bank