Thursday, July 29, 2004

Is it getting better? It is getting better.

Johan Norberg reported last year that it took a Kenyan 11 procedures, 61 days and half his annual income to start a business. Now, nine months later, it takes 12 procedures, 47 days and still half his annual income. It's 10 procedures and 45 days more than in Australia, but at least the duration declines.