World Bank study on the global business environment: “Overall, businesses in poor countries shoulder three times the administrative costs and have to struggle through twice as many bureaucratic procedures as their counterparts in rich countries. A popular myth holds that this does not matter, because the rules in poor countries are rarely enforced. Not so. Because it is so hard to obey all the rules, businesses in poor countries tend to remain informal. That is, they remain outside the law and pay no taxes. They stay small to avoid detection by the police, and because they cannot raise credit from the formal banking system.”