By World Bank
8th in a sequence of annual experiences evaluating company rules in 183 economies, Doing enterprise 2011 measures rules affecting 10 parts of daily company job: beginning a company, facing building allows, applying employees, registering estate, getting credits, maintaining traders, paying taxes, buying and selling throughout borders, imposing contracts, and remaining a company. The document updates all 10 units of signs, ranks nations on their total ease of doing enterprise and analyzes reforms to enterprise law- settling on which international locations are enhancing strengthening their company atmosphere the main and which of them slipped. Doing enterprise 2011 comprises effects at the ongoing examine within the quarter of "getting electrical energy" and illustrates how reforms in company rules can translate into larger results for family marketers and the broader economic system. It additionally makes a speciality of how ladies in specific are stricken by advanced company rules.
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Additional resources for Doing Business 2011: Making a Difference for Entrepreneurs - East Asia and Pacific Islands 57936
The economy requiring the least time is included as a benchmark. Time to enforce a contract (days) This graph compares the number of days it takes to recover a commercial debt through the courts. * The economy with the least time is included as a benchmark. 33 Cost to enforce a contract (% of claim) This graph compares the costs it takes to recover a commercial debt through the courts. * The economy with the lowest cost is included as a benchmark. 2 Region Average Time to Enforce a Contract (days) 35 A robust bankruptcy system functions as a filter, ensuring the survival of economically efficient companies and reallocating the resources of inefficient ones.
Cost of insolvency (% of estate) This graph compares the costs needed to go through an insolvency process. * An economy with the lowest cost is included as a benchmark. Colombia, Kuwait, and Norway also have the lowest costs to go through an insolvency process. 37 Recovery rate (cents on the dollar) This graph compares the recovery rate after an insolvency process. * The economy with the highest recovery rate is included as a benchmark. 0 Average Time to Close a Business (years) 39 The 5 year measure of cumulative change illustrates how the business regulatory environment has changed in 174 economies from Doing Business 2006 to Doing Business 2011.
5 Region Average Time to Import (days) 31 Well functioning courts help businesses expand their network and markets. Where contract enforcement is efficient, firms have greater access to credit and are more likely to engage with new borrowers or customers. Doing Business measures the efficiency of the judicial system in resolving a commercial sale dispute before local courts. Following the step-by-step evolution of a standardized case study, data relating to the time, cost and procedural complexity of resolving a commercial lawsuit are collected through study of the codes of civil procedure and other court regulations, as well as through surveys completed by local litigation lawyers (and, in a quarter of the countries, by judges as well).
Doing Business 2011: Making a Difference for Entrepreneurs - East Asia and Pacific Islands 57936 by World Bank