2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Papua_New_Guinea_96页_2mb

Doing Business 2016: Papua New Guinea Summary

Core Content Overview

The Doing Business 2016 report evaluates the regulatory environment for small to medium-sized businesses across 189 economies, including Papua New Guinea (PNG). It measures and tracks regulatory quality and efficiency in 11 key areas of the business life cycle, such as starting a business, getting electricity, registering property, and resolving insolvency. The report provides rankings and distance to frontier (DTF) scores to assess how easy it is to do business in PNG compared to other economies and to regulatory best practices.

Main Indicators and Rankings

Key Findings:

• Ranking: PNG's rank for starting a business improved slightly from 128 in 2015 to 138 in 2016.
• DTF Score: PNG’s DTF score for starting a business is 77.29, indicating it is relatively close to best practices, but still has room for improvement.
• Procedures and Time: PNG requires 6 procedures and takes 53 days to start a business, which is more than some comparator economies like New Zealand (0.50 days).
• Cost: PNG's cost is 17.3% of income per capita, which is lower than Kiribati (46.0%) but higher than Fiji (21.3%).

Key Findings:

• Ranking: PNG ranks 127th for dealing with construction permits.
• DTF Score: The score is 62.73, showing a relatively poor performance compared to best practices.
• Procedures and Time: PNG requires 17 procedures and takes 217 days, which is much longer than some comparator economies.
• Cost: The cost is 1.9% of warehouse value, which is higher than Fiji (0.4%) and Kiribati (0.3%).

Key Findings:

• Ranking: PNG ranks 167th for getting credit.
• DTF Score: The score is 15, indicating a significant gap from best practices.
• Credit Bureau Coverage: Only 3.5% of adults have access to credit bureaus in PNG, which is very low compared to comparator economies.
• Legal Rights: PNG scores 3.0 on the strength of legal rights index, significantly lower than some comparator economies.

Key Findings:

• Ranking: PNG ranks 99th for protecting minority investors.
• DTF Score: The score is 51.67, showing room for improvement.
• Shareholder Governance: PNG scores 4.3, which is better than some comparator economies but still below the global best practices.
• Conflict of Interest Regulation: PNG scores 6.0, which is better than some comparator economies.

Key Findings:

• Ranking: PNG ranks 110th for paying taxes.
• DTF Score: The score is 69.5, showing a moderate level of performance.
• Tax Burden: PNG's total tax rate is 39.3% of profit, which is relatively high compared to some comparator economies.
• Time and Cost: PNG takes 207 hours per year to pay taxes, which is higher than some comparator economies like Hong Kong SAR, China (3.00 hours).

Key Findings:

• Ranking: PNG ranks 163rd for trading across borders.
• DTF Score: The score is 42.28, indicating a significant gap from best practices.
• Export and Import Time: PNG takes 72 hours for border compliance and 120 hours for documentary compliance to export, which is relatively high compared to some comparator economies.
• Export and Import Cost: PNG’s export and import costs are relatively high compared to comparator economies like Fiji and Kiribati.

Key Findings:

• Ranking: PNG ranks 169th for enforcing contracts.
• DTF Score: The score is 36.21, indicating a large gap from best practices.
• Judicial Efficiency: PNG scores 8.5 on the judicial processes index, which is lower than some comparator economies.
• Time and Cost: PNG takes 591 days to enforce a contract, with a cost of 110.3% of the claim, both of which are high compared to best performers.

Key Findings:

• Ranking: PNG ranks 138th for resolving insolvency.
• DTF Score: The score is 31.75, showing a significant gap from best practices.
• Recovery Rate: PNG has a recovery rate of 24.2 cents on the dollar, which is lower than some comparator economies.
• Time and Cost: PNG takes 3 years to resolve insolvency, with a cost of 23% of the estate, both of which are high compared to best performers.

Overall Summary

• Ranking: PNG's overall Doing Business rank in 2016 is 145, a slight decline from 141 in 2015.
• DTF Score: The DTF score is 50.74, showing a minimal improvement from 50.67 in 2015.
• Comparison: PNG performs relatively poorly compared to comparator economies and the global best performers in most indicators, indicating a need for significant regulatory reforms.
• Regulatory Focus: The report highlights the importance of improving procedures, reducing time and cost, and enhancing the quality of legal and judicial frameworks to improve the ease of doing business.