2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Dominican_Republic_91页_1mb

Doing Business 2015: Dominican Republic Summary

Core Content Overview

The Doing Business 2015 report evaluates the ease of doing business in the Dominican Republic by analyzing 11 key regulatory areas across the business life cycle. It provides rankings and distance to frontier (DTF) scores for each area, comparing the Dominican Republic with other economies, including comparator countries and global best performers. The report highlights how regulatory reforms impact the business environment and economic performance.

Key Indicators and Rankings

Ease of Doing Business Ranking

• DB2015 Rank: 84
• DB2014 Rank: 84 (adjusted for methodology and data changes)
• Change in Rank: 0
• DTF Score (2015): 63.4
• DTF Score (2014): 62.3
• Change in DTF: +1.1

The Dominican Republic ranks 84th globally, showing minimal improvement from 2014 to 2015. It is slightly closer to the best regulatory practices, indicating some progress in business regulations.

Main Topics and Performance

1. Starting a Business

• Rank (DB2015): 113
• DTF Score: 81.60
• Procedures: 7
• Time (days): 19.5
• Cost (% of income per capita): 16.9
• Paid-in Minimum Capital (% of income per capita): 43.0

The Dominican Republic performs relatively poorly in this area, with a high cost and time compared to other economies. Colombia is the best performer with 1.0 procedure and 15 days, while New Zealand leads with the highest DTF score (99.96).

2. Dealing with Construction Permits

• Rank (DB2015): 96
• DTF Score: 70.88
• Procedures: 13
• Time (days): 184.0
• Cost (% of warehouse value): 2.0

The Dominican Republic has a moderate number of procedures and time but relatively low cost. Panama and Singapore are the best performers, with Singapore having the highest DTF score (96.47).

3. Getting Electricity

• Rank (DB2015): 119
• DTF Score: 67.36
• Procedures: 7
• Time (days): 82.0
• Cost (% of income per capita): 276.9

The Dominican Republic has a high cost for getting electricity, ranking 119th. South Korea is the best performer with a DTF score of 99.83 and a cost of 0.0%.

4. Registering Property

• Rank (DB2015): 82
• DTF Score: 69.90
• Procedures: 6
• Time (days): 51.0
• Cost (% of property value): 3.7

The Dominican Republic ranks relatively well in this area, with a moderate number of procedures and time. Georgia is the best performer with a DTF score of 99.88 and a cost of 0.0%.

5. Getting Credit

• Rank (DB2015): 89
• DTF Score: 45.00
• Strength of Legal Rights Index (0–12): 1
• Depth of Credit Information Index (0–8): 8
• Credit Bureau Coverage (% of adults): 63.1
• Credit Registry Coverage (% of adults): 38.1

The Dominican Republic has a low strength of legal rights index but high coverage of credit bureaus. New Zealand is the best performer with a DTF score of 100.

6. Protecting Minority Investors

• Rank (DB2015): 83
• DTF Score: 54.17
• Shareholder Governance Index (0–10): 5.5
• Conflict of Interest Regulation Index (0–10): 5.3
• Minority Investor Protection Index (0–10): 5.4

The Dominican Republic has moderate performance in this area, with a low shareholder governance index. New Zealand leads with the highest DTF score (81.67).

7. Paying Taxes

• Rank (DB2015): 80
• DTF Score: 74.24
• Payments per Year: 9
• Time (hours per year): 324.0
• Best Performer: United Arab Emirates (rank 1) with DTF score 99.44

The Dominican Republic ranks 80th with a high tax burden. The United Arab Emirates has the lowest time and number of payments.

8. Trading Across Borders

• Rank (DB2015): 24
• DTF Score: 85.56
• Documents to Export: 4
• Time to Export (days): 8.0
• Cost to Export (US$ per container): 1,040.0
• Best Performer: Singapore (rank 1) with DTF score 96.47

The Dominican Republic has a good ranking in this area, with a low number of documents and time for exports. Singapore is the best performer.

9. Enforcing Contracts

• Rank (DB2015): 73
• DTF Score: 61.87
• Time (days): 460.0
• Cost (% of claim): 40.9
• Procedures: 34

The Dominican Republic has a moderate DTF score but high time and cost for enforcing contracts. Singapore is the best performer with a DTF score of 89.54.

10. Resolving Insolvency

• Rank (DB2015): 158
• DTF Score: 23.75
• Time (years): 3.5
• Cost (% of estate): 38.0
• Recovery Rate (cents on the dollar): 9.3
• Strength of Insolvency Framework Index (0–16): 6.0

The Dominican Republic ranks poorly in resolving insolvency, with a low DTF score and high cost. Finland is the best performer with a DTF score of 93.85.

Key Methodological Updates

• Distance to Frontier (DTF): Used to calculate rankings, showing how far an economy is from the best practices.
• Expanded Scope: Includes new indicators such as shareholder governance and conflict of interest regulation.
• Changes in Data Collection: For 11 large economies, data for a second city is included.
• Methodology Adjustments:
  • Paying Taxes: Nonlinear calculation of the total tax rate.
  • Getting Credit: Revised indices with higher point scales and coverage requirements.
  • Construction Permits: New cost benchmark and exclusion of landline procedures.

Key Insights

• The Dominican Republic has made slight improvements in some areas, such as the DTF score, but remains behind many comparator economies.
• High costs and long procedures are common in several business areas, particularly in getting electricity and resolving insolvency.
• The country has moderate credit bureau and registry coverage, which is important for financial inclusion.
• Regulatory reforms in areas like labor market regulation and minority investor protection are essential for improving the business environment.
• The report emphasizes the importance of benchmarking against global best practices to identify areas for improvement.

Conclusion

The Doing Business 2015 report provides a comprehensive assessment of the Dominican Republic's regulatory environment for businesses. While the country has made minor progress, it still faces significant challenges in areas like resolving insolvency and getting electricity. Policy reforms in these and other areas are crucial to enhancing the ease of doing business and supporting economic competitiveness.