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The World Bank’s ‘ Do­ing Busi­ness’ re­port sheds light on how easy or dif­fi­cult it is for a lo­cal en­tre­pre­neur to open and run a small to medium-sized busi­ness when com­ply­ing with rel­e­vant reg­u­la­tions. It mea­sures and tracks changes in reg­u­la­tions af­fect­ing 10 ar­eas in the life­cy­cle of a busi­ness: start­ing a busi­ness, deal­ing with con­struc­tion per­mits, get­ting elec­tric­ity, reg­is­ter­ing prop­erty, get­ting credit, pro­tect­ing in­vestors, pay­ing taxes, trad­ing across bor­ders, en­forc­ing con­tracts and re­solv­ing in­sol­vency. In a se­ries of an­nual re­ports,

Do­ing Busi­ness presents quan­ti­ta­tive in­di­ca­tors on busi­ness reg­u­la­tions and the pro­tec­tion of prop­erty rights that can be com­pared over time across 183 economies, from Afghanistan to Zim­babwe. In the ‘ Do­ing Busi­ness 2012’ Re­port, the World Bank 2. Deal­ing with li­cences - Pro­ce­dures, time and cost of busi­ness in­spec­tions and li­cens­ing ( con­struc­tion in­dus­try). 3. Hir­ing and fir­ing work­ers - Dif­fi­culty of hir­ing in­dex, rigid­ity of hours of in­dex, dif­fi­culty of fir­ing in­dex, hir­ing cost and fir­ing cost. 4. Reg­is­ter­ing prop­erty - Pro­ce­dures, time and

cost to reg­is­ter com­mer­cial real es­tate. 5. Get­ting credit - Strength of le­gal rights

in­dex and depth of credit in­for­ma­tion in­dex. 6. Pro­tect­ing in­vestors - In­dices on the ex­tent of dis­clo­sure, ex­tent of di­rec­tor li­a­bil­ity and ease of share­holder suits. 7. Pay­ing taxes - Num­ber of taxes paid, hours per year spent pre­par­ing tax re­turns and to­tal tax payable as share of gross profit. 8. Trad­ing across bor­ders - Num­ber of doc­u­ments, num­ber of sig­na­tures and time nec­es­sary to ex­port and im­port. 9. En­forc­ing con­tracts - Pro­ce­dures, time and cost to en­force a debt con­tract. 10. Clos­ing a busi­ness - Time and cost to close down a busi­ness and re­cov­ery rate.

The data set cov­ers 46 economies in Sub- Sa­ha­ran Africa, 32 in Latin Amer­ica and the Caribbean, 24 in East Asia and the Pa­cific, 24 in East­ern

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