2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Moldova_107页_1mb

Doing Business 2016: Moldova Summary

Core Content Overview

The Doing Business 2016 report evaluates the regulatory environment for small to medium-sized businesses in Moldova, comparing it with other economies across 11 key areas. These areas include 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 provides rankings and distance to frontier (DTF) scores for these indicators, highlighting the ease of doing business and the efficiency of regulatory systems.

Main Points

• Moldova's Rankings and DTF Scores:

  • DB2016 Rank: 52
  • DB2015 Rank: 49 (adjusted for methodological and data changes)
  • DTF Score (DB2016): 70.97
  • DTF Score (DB2015): 70.76
  • Rank Change: -3
  • DTF Change: +0.21

• Methodology Updates:

  • The report includes new indicators for building regulation quality and implementation, electricity price and reliability, and judicial process quality and efficiency.
  • The labor market regulation indicators are excluded from the aggregate DTF score and ease of doing business ranking.
  • The trading across borders case study now reflects the economy's comparative advantage and trade data.

• Business Environment Insights:

  • The ease of doing business ranking provides a relative comparison across 189 economies.
  • The distance to frontier score measures how far an economy is from the best practices in each indicator, offering an absolute benchmark.

Key Indicators and Performance

Starting a Business

• Rank (DB2016): 26
• DTF Score (DB2016): 94.17
• Procedures: 4
• Time (days): 4.0
• Cost (% of income per capita): 4.3
• Best Performer: New Zealand (rank 1, DTF score 99.96)

Dealing with Construction Permits

• Rank (DB2016): 170
• DTF Score (DB2016): 51.59
• Procedures: 27
• Time (days): 276.0
• Cost (% of warehouse value): 0.7
• Best Performer: Singapore (rank 1, DTF score 92.97)

Getting Electricity

• Rank (DB2016): 104
• DTF Score (DB2016): 64.36
• Procedures: 7
• Time (days): 113.0
• Cost (% of income per capita): 778.3
• Best Performer: Korea, Rep. (rank 1, DTF score 99.88)

Registering Property

• Rank (DB2016): 21
• DTF Score (DB2016): 82.91
• Procedures: 5
• Time (days): 5.5
• Cost (% of property value): 0.9
• Best Performer: New Zealand (rank 1, DTF score 94.46)

Getting Credit

• Rank (DB2016): 28
• DTF Score (DB2016): 70
• Strength of legal rights index: 8.0
• Depth of credit information index: 6.0
• Credit bureau coverage (% of adults): 10.8
• Best Performer: New Zealand (rank 1, DTF score 100)

Protecting Minority Investors

• Rank (DB2016): 36
• DTF Score (DB2016): 63.33
• Strength of minority investor protection index: 6.3
• Conflict of interest regulation index: 6.3
• Shareholder governance index: 6.3
• Best Performer: Singapore (rank 1, DTF score 83.33)

Paying Taxes

• Rank (DB2016): 78
• DTF Score (DB2016): 76.28
• Payments per year: 21
• Time (hours per year): 186.0
• Total tax rate (% of profit): 40.2
• Best Performer: United Arab Emirates (rank 1, DTF score 99.44)

Trading Across Borders

• Rank (DB2016): 33
• DTF Score (DB2016): 92.39
• Time to export (border compliance): 3 hours
• Cost to export (border compliance): $76
• Time to export (documentary compliance): 48 hours
• Cost to export (documentary compliance): $44
• Best Performer: Denmark (rank 1, DTF score 100)

Enforcing Contracts

• Rank (DB2016): 67
• DTF Score (DB2016): 60.87
• Time (days): 585
• Cost (% of claim): 28.6
• Quality of judicial processes index: 9.5
• Best Performer: Singapore (rank 1, DTF score 84.91)

Resolving Insolvency

• Rank (DB2016): 60
• DTF Score (DB2016): 53.85
• Recovery rate (cents on the dollar): 30.4
• Time (years): 2.8
• Cost (% of estate): 15.0
• Best Performer: Finland (rank 1, DTF score 93.81)

Conclusion

The Doing Business 2016 report provides a comprehensive analysis of Moldova's regulatory environment, highlighting both its strengths and weaknesses. Moldova has made modest improvements in several areas, including starting a business and registering property, but still lags behind many comparator economies in terms of efficiency and ease of doing business. The report emphasizes the importance of regulatory reform and transparency in improving the business climate and encourages policymakers to benchmark against best practices to identify areas for improvement.