2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Indonesia_112页_1mb

Doing Business 2015: Indonesia Summary

Core Content Overview

The Doing Business 2015 report evaluates the regulatory environment for small to medium-sized businesses in Indonesia and compares it with other economies. It focuses on 11 key areas of business regulation, including 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 introduces a distance to frontier (DTF) score and an ease of doing business ranking, which provide a more nuanced understanding of how close an economy is to the best regulatory practices globally. Indonesia’s DTF score improved slightly from 58.1 in 2014 to 59.2 in 2015, while its ranking moved up from 117 to 114, indicating a small but positive improvement in the business environment.

Main Points and Key Findings

1. Starting a Business

• Rank: Indonesia improved from 158 in 2014 to 155 in 2015.
• DTF Score: Increased from 63.91 to 68.84.
• Procedures: 10 procedures required.
• Time (days): 52.5 days in 2015, down from 75.5 in 2014.
• Cost (% of income per capita): 21.1% in 2015, slightly lower than 21.9% in 2014.
• Best Performer: New Zealand (rank 1), with a DTF score of 99.96.

2. Dealing with Construction Permits

• Rank: Indonesia moved from 150 in 2014 to 153 in 2015.
• DTF Score: Increased slightly from 58.41 to 59.03.
• Procedures: 17 procedures required.
• Time (days): 211 days in 2015, down slightly from 211 in 2014.
• Cost (% of warehouse value): 4.3% in 2015, down from 4.7% in 2014.
• Best Performer: Hong Kong SAR, China (rank 1), with a DTF score of 95.53.

3. Getting Electricity

• Rank: Improved from 101 in 2014 to 78 in 2015.
• DTF Score: Increased from 71.71 to 76.90.
• Procedures: 5 procedures required.
• Time (days): 90.7 days in 2015, down from 96.2 in 2014.
• Cost (% of income per capita): 353.6% in 2015, up from 368.1% in 2014.
• Best Performer: Republic of Korea (rank 1), with a DTF score of 99.83.

4. Registering Property

• Rank: Improved from 112 in 2014 to 117 in 2015.
• DTF Score: Slightly increased from 60.78 to 60.74.
• Procedures: 5 procedures required.
• Time (days): 27.4 days in 2015, unchanged from 2014.
• Cost (% of property value): 10.8% in 2015, unchanged from 2014.
• Best Performer: Georgia (rank 1), with a DTF score of 99.88.

5. Getting Credit

• Rank: Improved from 67 in 2014 to 71 in 2015.
• DTF Score: Remained at 50.00.
• Strength of Legal Rights Index (0–12): Score of 4 in 2015, unchanged from 2014.
• Depth of Credit Information Index (0–8): Score of 6 in 2015, unchanged from 2014.
• Credit Registry Coverage (% of adults): 46.4% in 2015, up from 41.2% in 2014.
• Best Performer: New Zealand (rank 1), with a DTF score of 100.

6. Protecting Minority Investors

• Rank: Remained at 43 in both 2014 and 2015.
• DTF Score: 60.83 in 2015, unchanged from 2014.
• Shareholder Governance Index (0–10): 6.2 in 2015, unchanged from 2014.
• Minority Investor Protection Index (0–10): 6.1 in 2015, unchanged from 2014.
• Best Performer: New Zealand (rank 1), with a DTF score of 81.67.

7. Paying Taxes

• Rank: Improved from 158 in 2014 to 160 in 2015.
• DTF Score: Increased from 53.38 to 53.66.
• Number of Payments (per year): 65 payments in 2015, unchanged from 2014.
• Time (hours per year): 253.5 hours in 2015, down from 259.0 in 2014.
• Best Performer: United Arab Emirates (rank 1), with a DTF score of 99.44.

8. Trading Across Borders

• Rank: Improved from 61 in 2014 to 62 in 2015.
• DTF Score: Increased from 78.01 to 77.46.
• Documents to Export: 4 documents required.
• Time to Export (days): 17 days in 2015, unchanged from 2014.
• Cost to Export (US$ per container): 571.8 in 2015, down from 595.2 in 2014.
• Documents to Import: 8 documents required.
• Time to Import (days): 26 days in 2015, up from 23 days in 2014.
• Cost to Import (US$ per container): 646.8 in 2015, unchanged from 2014.
• Best Performer: Singapore (rank 1), with a DTF score of 96.47.

9. Enforcing Contracts

• Rank: Indonesia improved from 171 in 2014 to 172 in 2015.
• DTF Score: Remained at 37.28.
• Time (days): 471 days in 2015, unchanged from 2014.
• Cost (% of claim): 115.7% in 2015, unchanged from 2014.
• Procedures: 40 procedures required.
• Best Performer: Singapore (rank 1), with a DTF score of 89.54.

10. Resolving Insolvency

• Rank: Indonesia improved from 71 in 2014 to 75 in 2015.
• DTF Score: Increased from 46.71 to 46.75.
• Time (years): 1.9 years in 2015, down from 1.9 in 2014.
• Cost (% of estate): 21.6% in 2015, unchanged from 2014.
• Recovery Rate (cents on the dollar): 31.7 cents in 2015, unchanged from 2014.
• Best Performer: Finland (rank 1), with a DTF score of 93.85.

Methodological Changes in Doing Business 2015

• Ease of Doing Business ranking is now based on DTF scores.
• Additional data for 11 large-population economies (including Indonesia) includes a second city.
• Revised methodology for the getting credit indicator: increased points for both indices and stricter criteria for credit bureau coverage.
• Renamed the protecting investors indicator to protecting minority investors, and expanded its scope to include corporate governance beyond related-party transactions.
• New index added to resolving insolvency to measure the strength of the legal framework.
• Nonlinear approach used for the paying taxes DTF score.
• Labor market regulation now focuses on the retail sector and includes labor disputes and worker benefits.

Conclusion

The Doing Business 2015 report highlights that Indonesia has made minor improvements in its business regulatory environment, particularly in starting a business, getting electricity, and trading across borders. However, significant bottlenecks still exist in areas like enforcing contracts and resolving insolvency, which remain far behind the global frontier. The report underscores the importance of reforms in improving the ease of doing business and provides a benchmarking tool for policy makers to identify areas for improvement.