2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Chile_88页_1mb

Doing Business 2015: Summary of Chile's Business Environment

Core Content Overview

The Doing Business 2015 report evaluates the regulatory environment for small to medium-sized businesses across 189 economies, focusing on 11 key areas of business regulation. It provides an aggregate ranking on the ease of doing business and a distance to frontier (DTF) score, which measures how close an economy is to the best regulatory practices. Chile's overall ranking in 2015 was 41, and its DTF score was 71.2, showing no significant change from 2014.

The report highlights that while the aggregate ranking gives a general sense of how easy it is to do business, the DTF score provides a more detailed view of the regulatory environment's efficiency and how far it is from the most efficient practices. The DTF score is calculated on a scale from 0 to 100, where 100 represents the best performance (frontier).

Main Topics and Key Indicators

Starting a Business

• Rank (2015): 59
• DTF Score (2015): 89.83
• Procedures: 7
• Time (days): 5.5
• Cost (% of income per capita): 0.7
• Best performer: New Zealand (1)
• Chile's performance: Maintained consistent procedures and time, but the cost is relatively low compared to comparator economies.

Dealing with Construction Permits

• Rank (2015): 62
• DTF Score (2015): 76.13
• Procedures: 13
• Time (days): 152
• Cost (% of warehouse value): 0.7
• Best performer: Hong Kong SAR, China (1)
• Chile's performance: Improved slightly from 2014, but still lags behind top performers.

Getting Electricity

• Rank (2015): 49
• DTF Score (2015): 81.34
• Procedures: 6
• Time (days): 30
• Cost (% of income per capita): 62.1
• Best performer: Republic of Korea (1)
• Chile's performance: Efficient process with low time and cost, but still behind the global best.

Registering Property

• Rank (2015): 45
• DTF Score (2015): 78.96
• Procedures: 6
• Time (days): 28.5
• Cost (% of property value): 1.2
• Best performer: Georgia (1)
• Chile's performance: Strong performance with low time and cost, but still has room for improvement.

Getting Credit

• Rank (2015): 71
• DTF Score (2015): 50.00
• Strength of legal rights index (0-12): 4
• Depth of credit information index (0-8): 6
• Best performer: New Zealand (1)
• Chile's performance: Moderate in credit access, with some improvements in the depth of credit information index.

Protecting Minority Investors

• Rank (2015): 56
• DTF Score (2015): 58.33
• Strength of minority investor protection index (0-10): 5.8
• Best performer: New Zealand (8.2)
• Chile's performance: Moderate, with room for improvement in shareholder rights and governance.

Paying Taxes

• Rank (2015): 29
• DTF Score (2015): 84.50
• Payments (per year): 7
• Time (hours per year): 291
• Best performer: United Arab Emirates (1)
• Chile's performance: Efficient tax payment process with low time and moderate cost.

Trading Across Borders

• Rank (2015): 40
• DTF Score (2015): 82.05
• Documents to export: 5
• Time to export (days): 15
• Cost to export (US$ per container): 910
• Best performer: Singapore (1)
• Chile's performance: Efficient and low-cost trade procedures, with time to export being competitive.

Enforcing Contracts

• Rank (2015): 64
• DTF Score (2015): 63.85
• Time (days): 480
• Cost (% of claim): 28.6
• Best performer: Singapore (1)
• Chile's performance: Moderate in contract enforcement, with high time and cost.

Resolving Insolvency

• Rank (2015): 73
• DTF Score (2015): 47.38
• Time (years): 3.2
• Cost (% of estate): 14.5
• Best performer: Finland (1)
• Chile's performance: Moderate in insolvency resolution, with relatively low time but high cost.

Key Information and Methodology Updates

• Methodology Changes in 2015:

  • The ease of doing business ranking and all topic-level rankings are now based on distance to frontier (DTF) scores.
  • Second city data were added for 11 large economies (e.g., Brazil, China, India, etc.).
  • The getting credit methodology was updated to include a strength of legal rights index and depth of credit information index, both with increased point ranges.
  • The protecting minority investors indicator set was renamed to reflect its expanded scope, including corporate governance and shareholder rights.
  • The paying taxes DTF score now uses a nonlinear calculation for the total tax rate.
  • The labor market regulation indicator set was updated to focus on the retail sector and include labor dispute regulations and worker benefits.

• Data Limitations:

  • The report does not cover all aspects of the business environment, such as market size, infrastructure quality, or institutional strength, which are important but not directly measured.
  • DTF scores are based on a specific type of business (local limited liability company in the largest business city).
  • "No practice" marks are used when an economy has no regulations or when regulations are not used in practice.

Conclusion

The Doing Business 2015 report provides a comprehensive overview of Chile's business regulatory environment, highlighting both its strengths and areas for improvement. Chile ranks 41 in the ease of doing business and has a DTF score of 71.2, showing a stable regulatory environment. While Chile performs well in areas like starting a business, registering property, and trading across borders, it faces challenges in getting credit, protecting minority investors, and enforcing contracts. The report emphasizes the importance of regulatory reform and efficiency improvements to enhance the business environment further.