Posted on 10/17/2003 11:01:25 AM PDT by RussianConservative
MOSCOW - According to the World Bank’s report “Doing Business In 2004: Understanding Regulation”, Russia has not the most favorable business environment.
The report provides data on business costs by analyzing specific regulatory norms that help or hamper business investment, labor productivity etc. The report is based on the assessment of existing legislation and norms in the economy of the surveyed countries, the examination of assessments made by lawmakers, members of the private sector, consulting companies and other experts.
The survey examines five topics, covering the fundamental aspects of a business life cycle, including starting a business, hiring and firing workers, enforcing contracts, getting credit and closing a business.
To open a business in Russia, it is necessary to go through 12 entry procedures. In Ukraine, there are 14 procedures, in Belarus – 19. In the United States, the number of the necessary procedures is 5, and in Canada and Australia – only 2.
At the same time, Russia is among the countries whose citizens are well protected against layoffs. In this respect, the situation is also favorable in Belarus and Ukraine. To enforce a contract in Russia, it is necessary to go through 16 procedures, which will take 160 days. In the United States, there are 17 procedures that will take 365 days.
As for access to credit, Russia is ranked in the middle. Resolving bankruptcy in Russia takes 1.5 years, while in Ireland, this procedure takes just three months, in Belarus – 2.2 years, in the United States – 3 years, and in India, it might take more than 11 years.
Now everybody in Mongolia rides the Planeta. I assume the smuggler was evading draconian export fees. Now why, oh, why would the Russian government try to prevent a popular good from exiting the country?
"Mne za derzhavu obidno."
In the far east, I imagine this is the only way a burocrat can make his money. You want to experience real pain, bring one bottle of wine too many through O'Hare. Or some computer discs through Frankfurt.
"Tamozhnya (ne) daet dobro!"
I was hoping you could tell me.
Second maybe he did not pay export fees?
That's my guess. How high are the fees? The entire train was full of smugglers.
US has them too.
We have lots of bad ideas.
What year was this?
2001
Out in far area it is world unto itself...like American Arkansa and West Virginia.
Um.
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