Red Tape Risk: Who in the G20 Is Cutting It?

By Eric Roston - 2013-11-15T15:08:34Z

Photograph by Rizwan Mirza

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2014 Rank: 120
Change From 2013 Rank: Demoted by 4

Starting a business in Indonesia takes more effort than in most other countries, twice as many bureaucratic steps as the OECD average of five and more than four times as long -- 48 days. 

The archipelago nation was applauded this year for a new regulation making possible the creation of credit bureaus, for using risk analysis in construction permits and for allowing investors to see corporate documents before legal proceedings, a protection that only 30 other of the the 189 economies studied have. Left: Jakarta.

Special Report: A New World of Risk