2012年-世界发展银行全球_Doing_Business_Economy_Profile_2012___Sierra_Leone_101页_2mb

Summary of "Doing Business 2012: Sierra Leone"

Core Content

The document provides an analysis of the business environment in Sierra Leone, focusing on regulatory indicators that affect the ease of doing business. It compares Sierra Leone's performance with other economies and highlights the challenges and opportunities for business regulation reform.

Main Objectives

• To assess the ease of doing business in Sierra Leone based on 10 key areas.
• To evaluate the impact of business regulations on economic outcomes.
• To provide benchmarking data and identify areas for improvement.

Key Areas Covered

The report measures the following 10 areas in the business life cycle:

1. Starting a business
2. Dealing with construction permits
3. Getting electricity
4. Registering property
5. Getting credit
6. Protecting investors
7. Paying taxes
8. Trading across borders
9. Enforcing contracts
10. Resolving insolvency

Key Findings

Ease of Doing Business Ranking

• DB2012 Rank: 141 out of 183 economies
• DB2011 Rank: 150
• Change in Rank: Improved by 9 positions

Regional and Global Benchmarks

• Sierra Leone is in Sub-Saharan Africa, a low-income economy.
• The country has a population of 5,835,664 and a GNI per capita of $340.

Comparative Indicators

• Starting a Business:
  • Procedures: 6
  • Time: 12 days
  • Cost: 93.3% of income per capita
  • Paid-in Minimum Capital: 0.0% of income per capita
• Dealing with Construction Permits:
  • Procedures: 20
  • Time: 238 days
  • Cost: 272.6% of income per capita
• Getting Electricity:
  • Procedures: 8
  • Time: 137 days
  • Cost: 2466.3% of income per capita
• Registering Property:
  • Procedures: 7
  • Time: 86 days
  • Cost: 11.8% of property value
• Getting Credit:
  • Rank: 126
  • Legal Rights Index: 7
  • Credit Information Index: 0
• Protecting Investors:
  • Rank: 29
  • Investor Protection Index: 6.3
• Paying Taxes:
  • Rank: 76
  • Payments per year: 29
  • Time per year: 357 hours
  • Cost (% of claim): 149.5%
• Trading Across Borders:
  • Rank: 132
  • Documents to export: 7
  • Time to export: 24 days
  • Cost to export: $1573 per container
• Enforcing Contracts:
  • Rank: 141
  • Time: 515 days
  • Cost: 149.5% of claim
• Resolving Insolvency:
  • Rank: 155
  • Time: 2.6 years
  • Cost: 42% of estate
  • Recovery rate: 9.2 cents on the dollar

Methodology and Limitations

• The rankings are based on the simple average of percentile rankings on each of the 10 indicators.
• The "distance to frontier" measure is introduced to assess progress toward the most efficient regulatory practices.
• The report does not cover all aspects of the business environment, such as proximity to large markets, infrastructure quality, or macroeconomic conditions.
• The indicators are based on a standardized company (limited liability company in the largest business city), and assume no corruption and no prior contact with officials.

Business Registration Reforms in Sierra Leone

• DB2009: Abolished upfront tax payments and exchange control permissions; made the use of a lawyer optional.
• DB2010: Established a one-stop shop for business registration.
• DB2011 and DB2012: No further reforms were recorded.

Conclusion

The report underscores the need for regulatory reforms in Sierra Leone to improve the business environment, particularly in areas such as getting electricity, registering property, and enforcing contracts. While some progress has been made in recent years, the country still lags behind many comparator economies and the global best performers in terms of ease of doing business. The data can support policymakers in designing more effective reforms to enhance economic competitiveness and attract investment.