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The Government of Canada

The Government of Australia. The Government of Canada. Zenaida Hernandez May 26 th , 2008. Doing Business Indicators. Focus on Procedures, Time and Cost is Doing Business basic methodology.

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The Government of Canada

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  1. The Government of Australia The Government of Canada Zenaida Hernandez May 26th, 2008

  2. Doing Business Indicators

  3. Focus on Procedures, Time and Cost isDoing Business basic methodology Registering a property in the Philippines --- 8 procedures that take 33 days and 5.7% of property value. Notary prepares deed of sale Obtain CTC of tax declaration Pay stamp tax at bank Obtain CAR at BIR Obtain certificate of real estate taxes at CTO Payment of transfer tax at CTO Apply for new tax declaration Registration at Registry of Deeds

  4. Reforms across the world –less so in East Asia and Pacific Countries with at least one positive reform in 2006-07 (%) E. Europe + Central Asia 78.6% OECD 62.5% 58.8% Middle East + N. Africa 45.8% 35.5% 62.5% South Asia East Asia+ Pacific Latin America+ Caribbean 52.2% Sub-Saharan Africa

  5. Business entry reforms = more businesses Business Density (registered firms per capita) Business Entry (new firms in % of registered firms) Most difficult Most difficult Easiest Easiest Countries ranked by ease of doing business, quintiles Source: Doing Business database

  6. …Which Means More Formal Employment Informal Sector (% of GDP) Unemployment (% of labor force) Most difficult Most difficult Easiest Easiest Countries ranked by ease of doing business, quintiles Source: Doing Business database, WDI

  7. Doing Business subnational series Doing Business

  8. Doing Business in the Philippines 2008 Caloocan Las Piñas Makati Malabon Mandaluyong Manila Marikina Muntinlupa Navotas Parañaque Pasay Pasig Quezon City San Juan Taguig Tanauan Valenzuela • Measures 3 indicators across 21 cities: • Starting a business • Dealing with licenses • Registering property • Indicators selected because they cover areas of national and local government jurisdiction • Provides objective measures on procedures, time and costs • Information collected from private professionals and public officials that administer or advice on regulatory requirements in each of the 21 cities Cebu Lapu-Lapu Mandaue Davao

  9. Procedures to start a business 15 15 15 16 16 16 17 17 17 17 18 18 18 19 19 20 21 22 22 22 23

  10. Days to start a business Singapore (5 days) Malaysia (24 days) Indonesia (104 days)

  11. Cost to start a business (% of income per capita) Indonesia (80%) Malaysia (18.1%) Thailand (5.6%)

  12. Procedures to deal with licenses 23 24 25 25 25 25 27 27 28 28 29 29 29 29 30 31 31 31 32 33 33

  13. Days to deal with licenses Thailand (156 days) Korea (34 days) Indonesia (196 days)

  14. Cost to deal with licenses (% of income per capita) Indonesia (287%) Thailand (11%) Malaysia (10%)

  15. Days to register property Thailand (2 days) Singapore (9 days) Indonesia (42 days)

  16. Cost to register property (% of property value) Indonesia (10.5%) Malaysia (2.4%) Vietnam (1.2%)

  17. Doing Business indicators are a tool to reform

  18. Best practices in the Philippines can improve the ease of doing business

  19. Thank you www.doingbusiness.org/philippines Subnational.doingbusiness.org zhernandez@ifc.org

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