2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015____Kiribati_79页_1mb

Doing Business 2015: Kiribati Summary

Core Content

The Doing Business 2015 report evaluates the regulatory environment for businesses across 189 economies, including Kiribati, by measuring and comparing regulations across 11 key areas of the business life cycle. The report provides quantitative indicators and rankings to assess the ease of doing business, helping policymakers identify areas for improvement.

Main Points

• Ease of Doing Business (EDB) Ranking: Kiribati ranked 134th in 2015, down by 1 from its 2014 rank of 133. This ranking is based on the Distance to Frontier (DTF) scores, which measure how close an economy is to the best regulatory practices.

• Distance to Frontier (DTF) Score: Kiribati's DTF score for 2015 was 55.5, a slight increase from 55.2 in 2014. The DTF score ranges from 0 to 100, with 100 representing the most efficient regulatory practices.

• Key Business Areas Evaluated:

  • Starting a Business: Kiribati ranked 122nd in 2015, with a DTF score of 79.74.
  • Dealing with Construction Permits: Ranked 65th, with a DTF score of 75.71.
  • Getting Electricity: Ranked 167th, with a DTF score of 52.26.
  • Registering Property: Ranked 139th, with a DTF score of 55.48.
  • Getting Credit: Ranked 160th, with a DTF score of 20.00.
  • Protecting Minority Investors: Ranked 154th, with a DTF score of 41.67.
  • Paying Taxes: Ranked 14th, with a DTF score of 91.03.
  • Trading Across Borders: Ranked 81st, with a DTF score of 74.76.
  • Enforcing Contracts: Ranked 60th, with a DTF score of 64.15.
  • Resolving Insolvency: Ranked 189th, with a DTF score of 0.00.
  • Labor Market Regulation: Not included in the aggregate ranking, but data are provided for analysis.

Key Findings

• Kiribati has made minimal progress in most indicators, with only a 0.3 increase in the DTF score from 2014 to 2015.

• Paying Taxes is the strongest area for Kiribati, with a DTF score of 91.03, placing it 14th globally. This indicates a relatively efficient tax system compared to other economies.

• Resolving Insolvency remains the weakest area, with a DTF score of 0.00, meaning no effective insolvency framework exists. Kiribati ranks 189th in this category.

• Getting Credit is also a challenge, with a DTF score of 20.00 and a ranking of 160th. This suggests limited access to credit information and legal rights.

• Starting a Business and Dealing with Construction Permits are moderately challenging, with DTF scores of 79.74 and 75.71, respectively.

Comparative Insights

• Kiribati performs worse than its regional peers in most areas. For example:

  • Starting a Business: Kiribati (122) is much lower than Fiji (160), Marshall Islands (70), and Samoa (33).
  • Dealing with Construction Permits: Kiribati (65) is worse than Marshall Islands (10) and Singapore (1).
  • Registering Property: Kiribati (139) is far behind Georgia (1), which is the best performer.
  • Getting Electricity: Kiribati (167) is much lower than Korea, Rep. (1).
  • Protecting Minority Investors: Kiribati (154) is worse than New Zealand (1) and France (7.8).
  • Trading Across Borders: Kiribati (81) is better than Fiji (116) and Marshall Islands (68), but still far from Singapore (1).
  • Enforcing Contracts: Kiribati (60) is better than Fiji (59) and Marshall Islands (58), but worse than Singapore (1).

• The best performers globally include:

  • New Zealand for Starting a Business and Protecting Minority Investors.
  • Singapore for Trading Across Borders and Enforcing Contracts.
  • Korea, Rep. for Getting Electricity.
  • United Arab Emirates for Paying Taxes.

Methodological Changes in 2015

• Ranking and DTF Score Calculation: Updated to reflect the distance to frontier methodology.
• Additional Data for Large Economies: Added data for a second city in 11 large economies (e.g., Bangladesh, Brazil, China, India, etc.).
• Revised Indicators:
  • Getting Credit: Updated indices (strength of legal rights and depth of credit information) now score from 0–12 and 0–8, respectively.
  • Protecting Minority Investors: Expanded to include corporate governance and shareholders' rights.
  • Paying Taxes: The total tax rate is now calculated in a nonlinear fashion.
• Excluded Indicators: Labor market regulation is no longer included in the aggregate ranking, but is still analyzed separately.

Conclusion

Kiribati's business environment is generally less favorable compared to other economies, particularly in insolvency resolution and credit access. While it performs relatively well in taxation, it lags behind in starting a business, construction permits, and property registration. The report highlights the importance of comparative analysis and regulatory reform to improve the business climate.