2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Bulgaria_94页_1mb

Summary of Doing Business 2015: Bulgaria

Core Content

The Doing Business 2015 report evaluates the ease of doing business in 189 economies, including Bulgaria, by analyzing 11 key regulatory areas. It provides both a ranking and a distance to frontier (DTF) score for each area, benchmarking performance against other economies. The report aims to help policymakers understand the regulatory environment and identify areas for reform.

Main Topics and Indicators

The following are the key topics and their corresponding performance in Bulgaria:

Starting a Business

• Rank (DB2015): 49
• Rank (DB2014): 41
• DTF Score (DB2015): 91.09
• DTF Score (DB2014): 91.06
• Procedures (number): 4
• Time (days): 18
• Cost (% of income per capita): 0.8
• Best performer (DB2015): New Zealand (1.0)

Dealing with Construction Permits

• Rank (DB2015): 101
• Rank (DB2014): 100
• DTF Score (DB2015): 69.85
• DTF Score (DB2014): 69.86
• Procedures (number): 16
• Time (days): 110
• Cost (% of warehouse value): 4.5
• Best performer (DB2015): Hong Kong SAR, China (5.0)

Getting Electricity

• Rank (DB2015): 125
• Rank (DB2014): 122
• DTF Score (DB2015): 65.78
• DTF Score (DB2014): 65.78
• Procedures (number): 6
• Time (days): 130
• Cost (% of income per capita): 320.4
• Best performer (DB2015): Korea, Rep. (18.0)

Registering Property

• Rank (DB2015): 57
• Rank (DB2014): 58
• DTF Score (DB2015): 75.36
• DTF Score (DB2014): 75.37
• Procedures (number): 7
• Time (days): 10
• Cost (% of property value): 2.9
• Best performer (DB2015): Georgia (1.0)

Getting Credit

• Rank (DB2015): 23
• Rank (DB2014): 19
• DTF Score (DB2015): 70.00
• DTF Score (DB2014): 70.00
• Strength of legal rights index (0-12): 9
• Depth of credit information index (0-8): 5
• Credit registry coverage (% of adults): 62.9
• Credit bureau coverage (% of adults): 0.0
• Best performer (DB2015): New Zealand (100)

Protecting Minority Investors

• Rank (DB2015): 14
• Rank (DB2014): 13
• DTF Score (DB2015): 68.33
• DTF Score (DB2014): 68.33
• Extent of conflict of interest regulation index (0-10): 6.3
• Extent of shareholder governance index (0-10): 7.3
• Strength of minority investor protection index (0-10): 6.8
• Best performer (DB2015): New Zealand (8.2)

Paying Taxes

• Rank (DB2015): 89
• Rank (DB2014): 84
• DTF Score (DB2015): 73.18
• DTF Score (DB2014): 73.18
• Payments (number per year): 13
• Time (hours per year): 454
• Best performer (DB2015): United Arab Emirates (3.0)

Trading Across Borders

• Rank (DB2015): 57
• Rank (DB2014): 62
• DTF Score (DB2015): 78.34
• DTF Score (DB2014): 77.99
• Documents to export (number): 4
• Time to export (days): 18
• Cost to export (US$ per container): 1,375
• Best performer (DB2015): Singapore (4.0)

Enforcing Contracts

• Rank (DB2015): 75
• Rank (DB2014): 74
• DTF Score (DB2015): 61.27
• DTF Score (DB2014): 61.27
• Time (days): 564
• Cost (% of claim): 23.8
• Procedures (number): 38
• Best performer (DB2015): Singapore (21.0)

Resolving Insolvency

• Rank (DB2015): 38
• Rank (DB2014): 37
• DTF Score (DB2015): 64.75
• DTF Score (DB2014): 64.39
• Time (years): 3.3
• Cost (% of estate): 9.0
• Recovery rate (cents on the dollar): 33.2
• Strength of insolvency framework index (0-16): 15.0
• Best performer (DB2015): Ireland (0.4)

Key Information

• Overall Ease of Doing Business Rank (DB2015): 38
• Overall Ease of Doing Business Rank (DB2014): 36
• Change in Rank: -2
• Overall DTF Score (DB2015): 71.8
• Overall DTF Score (DB2014): 71.7
• Change in DTF: +0.1

Methodology Updates

• The ranking is now based on distance to frontier (DTF) scores.
• For 11 large economies, data for a second city is included.
• The getting credit methodology was revised, increasing the number of points in the strength of legal rights index from 10 to 12 and in the depth of credit information index from 6 to 8.
• The protecting minority investors indicator was renamed and expanded to include shareholder rights.
• Resolving insolvency now includes an insolvency framework strength index.
• The paying taxes score uses a nonlinear approach for the total tax rate.
• The labor market regulation indicator now focuses on the retail sector and includes labor disputes and worker benefits.

Comparative Insights

• Bulgaria's performance is generally above average in several areas, including starting a business and registering property, but below average in getting electricity and enforcing contracts.
• It performs better than some regional peers (e.g., Greece, Hungary, and Romania) but worse than others (e.g., Czech Republic and Slovakia).
• The DTF score indicates that Bulgaria is still far from the best practices in most areas, with only minor improvements since 2014.

Conclusion

The Doing Business 2015 report highlights that Bulgaria has a moderate business environment, with some positive developments but notable challenges in key areas such as getting electricity, enforcing contracts, and resolving insolvency. The report serves as a valuable tool for policy reform and regulatory improvement, emphasizing the importance of comparative data and distance to frontier in understanding and enhancing the business environment.