TAILIEUCHUNG - Doing Business 2013: Smarter Regulations for Small and Medium-sized Enterprises

The domain name: The initial step in defining a Web presence is the registration of a relevant domain name. While the rules of picking a good domain name are similar to those of picking a good brand name in the physical world, this task has been made much more complicated by cyber squatters. Cyber squatters have realized that there is money to be made by registering marketable domain names. This has led to registrations by individuals who have no intention of using the domain name but rather to resell the same at huge premiums on the. | Doing Business n r tfIFC 2013 Doing Business 2013 Smarter Regulations for Small and Medium-sized Enterprises Augusto Lopez-Claros alopezclaros@ December 2012 COMPARING BUSINESS REGULATIONS FOR DOMESTIC FIRMS IN 185 ECONOMIES 1 Doing Business Pace of reforms remains strong in 2011 12 share of economies with at least one reform making it easier to tfIFC 2013 do business Latin America the Caribbean Sub-Saharan East Asia and Pacific Africa Worldwide 108 economies implemented 201 reforms in 2011 2012. While in 2005 2006 only 33 of the economies of Sub-Saharan Africa implemented business regulation reforms in 2011 2012 61 of the economies reformed COMPARING BUSINESS REGULATIONS FOR DOMESTIC FIRMS IN 185 ECONOMIES 2 Doing Business n tfIFC 2013 Reforms making it easier to start a business were once again most common in 2011 12 - and show results over time in reduced delays. 2005 It was possible to start a business in less than 20 days in only 40 economies mostly in North America and Northern and Central Europe 2012 Now the time to start a business is less than 20 days for entrepreneurs in 105 economies Based on samples of 174 economies in 2005 and 185 economies in 2012 Development impact Countries that regulate entry more heavily have greater corruption and larger unofficial economies but not better quality of public or private goods. Quarterly Journal of Economics February 2002 Djankov La Porta Lopez de Silanes Shleifer. 1

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