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World Development Indicators 2005  - The World Bank Group
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Table of Contents - Foreword - Acknowledgments - Preface - Partners - Users guide
Section 1. World View
Section 2. People
Section 3. Environment
Section 4. Economy
Section 5. States and Markets
Section 6. Global Links
Bibliography and Methodology

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5.STATES AND MARKETS

Introduction 267

Tables
5.1 Private sector development 270
5.2 Investment climate 274
5.3 Business environment 278
5.4 Stock markets 282
5.5 Financial depth and effi ciency 286
5.6 Tax policies 290
5.7 Relative prices and exchange rates 294
5.8 Defense expenditures and arms transfers 298
5.9 Transport services 302
5.10 Power and communications 306
5.11 The information age 310
5.12 Science and technology 314

Text figures and boxes
5a Policy uncertainty dominates the investment climate concerns of fi rms 268
5b Challenges in measuring the investment climate 269
5.1a Latin America and the Caribbean still has the highest investment levels, but activity has declined for the fifth consecutive year 273
5.9a World airline passenger traffic is expected to rebound in 2004 after two years of stagnation 305
5.10a Mobile phone access outpaced fixed-line access in some developing country regions in 2003 309
5.11a Six of the top ten world spenders on information and communications technology are developing economies 313
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