2016年-世界发展银行全球_Doing_Business_Economy_Profile_2017___Togo_109页_1mb

Doing Business 2017: Togo Summary

Core Content

Doing Business 2017 is a World Bank Group report that evaluates the ease of doing business across 190 economies, focusing on regulations that affect the life cycle of small to medium-sized businesses. The report provides quantitative indicators for 11 key areas, 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. Togo's performance in these areas is analyzed alongside comparator economies such as Benin, Burkina Faso, Côte d'Ivoire, Ghana, Mali, and Senegal.

Main Points

• Methodology: The report includes a gender dimension in several indicators and introduces new metrics, such as the postfiling index and a pilot indicator on selling to the government. It also includes data for Somalia, bringing the total number of economies to 190.
• Indicators: The report measures the distance to frontier (DTF) score and the ease of doing business (EDB) ranking. These metrics show how far an economy is from the best practices in each area and how it ranks globally.
• Togo's Performance:
  • DB2017 Rank: 154
  • DB2016 Rank: 154
  • Change in Rank: 0
  • DB2017 DTF: 48.57
  • DB2016 DTF: 47.4
  • Change in DTF: +1.17
• Key Areas:
  • Starting a Business: Togo ranks 123 in 2017, with a DTF score of 81.71.
  • Dealing with Construction Permits: Togo ranks 180, with a DTF score of 45.09.
  • Getting Electricity: Togo ranks 147, with a DTF score of 52.78.
  • Registering Property: Togo ranks 183, with a DTF score of 31.40.
  • Getting Credit: Togo ranks 139, with a DTF score of 30.00.
  • Protecting Minority Investors: Togo ranks 145, with a DTF score of 40.00.
  • Paying Taxes: Togo ranks 169, with a DTF score of 48.22.
  • Trading across Borders: Togo ranks 117, with a DTF score of 63.66.
  • Enforcing Contracts: Togo ranks 145, with a DTF score of 48.10.
  • Resolving Insolvency: Togo ranks 87, with a DTF score of 44.69.

Key Information

• Comparators: Togo's performance is compared to other Sub-Saharan African countries and OECD economies.
• Data Sources: The data in the report is current as of June 1, 2016, except for the paying taxes indicators, which cover the period January–December 2015.
• Gender Component: For the first time, the report includes a gender component in some indicators, such as starting a business, registering property, and labor market regulation.
• Limitations: The report does not include data on other important aspects of the business environment, such as proximity to large markets, infrastructure quality, or macroeconomic conditions.
• Use of Data: The indicators are used to analyze economic outcomes and identify successful regulatory reforms.

Summary of Indicators

Key Insights

• Togo has a low ease of doing business ranking (154th out of 190), indicating significant regulatory challenges.
• The distance to frontier score for Togo is 48.57, which is relatively low compared to other comparator economies.
• Starting a business is one of the easier processes for Togo, with a DTF score of 81.71, though it still requires more procedures and time compared to top performers.
• Dealing with construction permits is the most challenging area for Togo, with a DTF score of 45.09 and a high time requirement (163 days).
• Getting electricity is moderately difficult, with a DTF score of 52.78 and a time requirement of 66 days.
• Registering property is one of the most challenging areas, with a DTF score of 31.40 and a time requirement of 283 days.
• Getting credit is difficult, with a DTF score of 30.00 and a low credit registry coverage.
• Protecting minority investors is also challenging, with a DTF score of 40.00 and low legal rights index.
• Paying taxes is a significant burden, with a DTF score of 48.22 and high tax rates.
• Trading across borders is moderately challenging, with a DTF score of 63.66.
• Enforcing contracts is a major challenge, with a DTF score of 48.10 and long time to resolve disputes.
• Resolving insolvency is relatively better, with a DTF score of 44.69 and a recovery rate of 30.8 cents on the dollar.

Conclusion

Togo faces considerable challenges in creating a business-friendly regulatory environment. While some areas, such as starting a business, are relatively easier, others like registering property and dealing with construction permits are significantly more difficult. The inclusion of a gender dimension in the report highlights the disparity in procedures and costs for women entrepreneurs. The report underscores the need for regulatory reforms to improve the ease of doing business and attract investment.