2016年-世界发展银行全球_Doing_Business_Economy_Profile_2017___St_Kitts_and_Nevis_102页_1mb

Doing Business 2017: Summary for St. Kitts and Nevis

Core Content

The Doing Business 2017 report evaluates the regulatory environment for small to medium-sized businesses across 190 economies, including St. Kitts and Nevis. It measures and tracks changes in regulations that impact 11 key areas of business operations: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation. The report also introduces a gender dimension in several indicators, analyzing the impact of regulations on both men and women entrepreneurs.

The report provides aggregate rankings and distance to frontier (DTF) scores for each economy, which reflect how easy it is to do business and how far an economy is from the best regulatory practices globally. St. Kitts and Nevis is ranked 134th in the ease of doing business ranking in 2017, down from 127th in 2016, and its DTF score is 53.96, down from 55.13 in 2016.

Key Indicators and Performance

Starting a Business

• Rank (2017): 92
• DTF Score (2017): 85.75
• Procedures (Men): 7
• Time (Men): 18.5 days
• Cost (Men): 7.2% of income per capita
• Procedures (Women): 7
• Time (Women): 18.5 days
• Cost (Women): 7.2% of income per capita
• Best Performer: New Zealand (Rank 1, DTF 99.96)

Dealing with Construction Permits

• Rank (2017): 41
• DTF Score (2017): 75.68
• Procedures: 10
• Time: 104.0 days
• Cost: 0.3% of warehouse value
• Best Performer: New Zealand (Rank 1, DTF 87.40)

Getting Electricity

• Rank (2017): 90
• DTF Score (2017): 70.09
• Procedures: 4
• Time: 18.0 days
• Cost: 241.0% of income per capita
• Best Performer: Republic of Korea (Rank 1, DTF 99.88)

Registering Property

• Rank (2017): 184
• DTF Score (2017): 28.79
• Procedures: 6
• Time: 224.0 days
• Cost: 11.0% of property value
• Best Performer: New Zealand (Rank 1, DTF 94.46)

Getting Credit

• Rank (2017): 157
• DTF Score (2017): 25.00
• Strength of Legal Rights Index: 5.0
• Depth of Credit Information Index: 0.0
• Credit Bureau Coverage: 0.0% of adults
• Best Performer: New Zealand (Rank 1, DTF 100.00)

Protecting Minority Investors

• Rank (2017): 102
• DTF Score (2017): 51.67
• Strength of Minority Investor Protection Index: 5.2
• Conflict of Interest Regulation Index: 6.7
• Shareholder Governance Index: 3.7
• Best Performer: New Zealand (Rank 1, DTF 83.33)

Paying Taxes

• Rank (2017): 143
• DTF Score (2017): 57.86
• Payments (per year): 39
• Time (per year): 203.0 hours
• Total Tax Rate (% of profit): 49.7%
• Postfiling Index: 49.5
• Best Performer: United Arab Emirates (Rank 1, DTF 99.44)

Trading Across Borders

• Rank (2017): 72
• DTF Score (2017): 79.26
• Time to Export (Border Compliance): 27 hours
• Cost to Export (Border Compliance): $335
• Time to Export (Documentary Compliance): 48 hours
• Cost to Export (Documentary Compliance): $100
• Time to Import (Border Compliance): 37 hours
• Cost to Import (Border Compliance): $311
• Time to Import (Documentary Compliance): 33 hours
• Cost to Import (Documentary Compliance): $90
• Best Performer: 10 Economies (DTF 100.00)

Enforcing Contracts

• Rank (2017): 46
• DTF Score (2017): 65.51
• Time: 578.0 days
• Cost (% of claim): 26.6 cents on the dollar
• Quality of Judicial Processes Index: 11.5
• Best Performer: Republic of Korea (Rank 1, DTF 84.15)

Resolving Insolvency

• Rank (2017): 169
• DTF Score (2017): 0.00
• Recovery Rate: 0.0 cents on the dollar
• Time: No practice
• Best Performer: Finland (Rank 1, DTF 93.89)

Main Points

• The report provides quantitative indicators to compare business regulations across economies and analyze their impact on economic outcomes.
• St. Kitts and Nevis is ranked 134th in the overall ease of doing business, indicating a moderate business environment compared to other economies.
• The DTF score is a key metric that shows the absolute distance to regulatory best practices. St. Kitts and Nevis has a DTF score of 53.96, which has slightly declined from 55.13 in 2016.
• The gender dimension is introduced in several indicators, revealing that while the number of procedures and time for men and women entrepreneurs are similar, the cost for women is slightly higher.
• The report includes data for comparator economies, such as Antigua and Barbuda, Dominica, Grenada, Jamaica, and Puerto Rico, allowing for regional comparisons.
• Methodological updates in 2017 include postfiling processes in the paying taxes indicator, a gender component in some indicators, and a new pilot indicator on selling to the government.
• The report does not include labor market regulation in the aggregate ranking, but the data is presented in the economy profile for analysis.

Key Takeaways

• St. Kitts and Nevis faces moderate challenges in starting and operating a business, with a ranking that reflects the need for further regulatory reforms.
• Comparisons with comparator economies highlight areas where St. Kitts and Nevis lags behind, particularly in property registration and resolving insolvency.
• The introduction of gender-based indicators provides deeper insights into the differential impact of regulations on men and women entrepreneurs.
• The DTF score helps assess how far the economy is from the best regulatory practices, emphasizing the need for improvement in areas such as tax compliance, contract enforcement, and insolvency resolution.
• The report serves as a tool for policy makers to identify regulatory bottlenecks and design reforms that enhance the business environment.