2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Senegal_104页_2mb

Summary of Doing Business 2016: Senegal

Core Content

The Doing Business 2016 report provides a comprehensive analysis of the regulatory environment for small to medium-sized businesses in Senegal and other comparator economies. It measures and tracks changes in regulations across 11 key areas in the business life cycle, 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 uses two main metrics to evaluate the business environment:

• Distance to Frontier (DTF) Score: A scale from 0 to 100 that reflects how close an economy is to the best regulatory practices in each area.
• Ease of Doing Business (EoDB) Ranking: A global ranking from 1 to 189 that compares economies based on their regulatory environment.

Senegal's EoDB ranking in 2016 is 153, a slight improvement from 156 in 2015. Its DTF score increased from 46.59 to 48.57, indicating a modest move toward better regulatory practices.

Main Points

Regulatory Quality and Efficiency

• Starting a Business: Senegal ranks 85 in 2016, with a DTF score of 85.94. It requires 4 procedures and takes 6 days, with a cost of 63.7% of income per capita.
• Dealing with Construction Permits: Senegal ranks 148, with a DTF score of 59.89. It involves 13 procedures, takes 200 days, and costs 7.7% of warehouse value.
• Getting Electricity: Senegal ranks 170, with a DTF score of 40.18. It requires 7 procedures, takes 81 days, and costs 5,689.3% of income per capita.
• Registering Property: Senegal ranks 152, with a DTF score of 47.49. It involves 5 procedures, takes 71 days, and costs 10.2% of property value.
• Getting Credit: Senegal ranks 133, with a DTF score of 30. Credit registry coverage is 0.5% of adults, and the depth of credit information index is 0.0.
• Protecting Minority Investors: Senegal ranks 155, with a DTF score of 38.33. The strength of minority investor protection index is 3.8, and the extent of shareholder governance index is 3.0.
• Paying Taxes: Senegal ranks 183, with a DTF score of 29.83. It requires 58 payments per year, taking 620 hours, with a total tax rate of 47.3% of profit.
• Trading Across Borders: Senegal ranks 113, with a DTF score of 62.05. Exporting takes 41 hours for border compliance and 26 hours for documentary compliance, costing $486 and $96 respectively. Importing takes 56 hours for border compliance and 54 hours for documentary compliance, costing $885 and $545 respectively.
• Enforcing Contracts: Senegal ranks 145, with a DTF score of 48.15. It takes 740 days to enforce a contract, costing 36.4% of claim.
• Resolving Insolvency: Senegal ranks 88, with a DTF score of 43.85. The recovery rate is 29.2 cents on the dollar, and the time to resolve insolvency is 3 years, costing 20% of estate.

Methodology Updates

• Starting a Business: No significant change in methodology.
• Dealing with Construction Permits: New index measuring the quality of building regulation and its implementation added.
• Getting Electricity: Price of electricity consumption and reliability of supply index included.
• Registering Property: Added an index measuring the quality of the land administration system.
• Enforcing Contracts: Added an index measuring the quality and efficiency of judicial processes.
• Labor Market Regulation: Expanded to include more aspects of job quality.
• Protecting Minority Investors: Updated to include limited companies instead of just privately held joint stock companies.

Comparator Economies

• Senegal is compared with several African economies, including Cameroon, Côte d'Ivoire, Ghana, Guinea, Mali, and Togo.
• These comparator economies show varying levels of regulatory efficiency, with some, like New Zealand, Singapore, and Denmark, performing significantly better in key areas.

Key Information

• The report highlights that Senegal's regulatory environment has improved slightly in 2016 compared to 2015, but it still faces significant challenges in most areas.
• The DTF score provides a more accurate measure of the absolute distance to the best practices, while the EoDB ranking reflects relative performance across economies.
• Methodology changes have been made to ensure more comprehensive and relevant data, particularly in areas like construction permits, electricity, and minority investor protection.
• Data limitations exist, as the report does not include information on other important factors such as proximity to large markets, infrastructure quality, or macroeconomic conditions.

Conclusion

Senegal's regulatory environment for businesses, as measured by the Doing Business 2016 report, shows some progress but remains challenging. The report serves as a valuable tool for policymakers to identify areas for improvement and to understand how their economy compares to others in terms of regulatory quality and efficiency.