Doing Business in 2005 : Removing Obstacles to Growth
2004 was a good year for doing business in most transition economies, the World Bank Group concluded in its Doing Business in 2005 survey, the second in its series tracking regulatory reforms aimed at improving the ease of doing business in the wor...
| Main Authors: | , |
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| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/01/5160560/doing-business-2005-removing-obstacles-growth http://hdl.handle.net/10986/23994 |
| Summary: | 2004 was a good year for doing business
in most transition economies, the World Bank Group concluded
in its Doing Business in 2005 survey, the second in its
series tracking regulatory reforms aimed at improving the
ease of doing business in the world's economies.
However, the survey found that conditions for starting and
running a business in poorer countries were consistently
more burdensome than in richer countries. The top 5
economies on the ease of doing business were, in order: New
Zealand, United States, Singapore, Hong Kong (China), and
Australia. Slovakia was the leading reformer,
together with Lithuania breaking into the list of the 20
economies with the best business conditions. The major
impetus for reform in 2003 was competition in the enlarged
European Union. Doing Business in 2004 presented indicators
in 5 topics (starting a business, hiring and firing workers,
enforcing contracts, getting credit and closing a business),
so this report updates these measures. There are two
additional sets: registering property and protecting
investors. The indicators are used to analyze economic and
social outcomes, such as productivity, investment,
informality, corruption, unemployment, and poverty, and
identify what reforms have worked, where and why. |
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