2015年-世界发展银行全球_Doing_Business_Economy_Profile_2016___Cabo_Verde_103页_1mb

Cabo Verde - Doing Business 2016 Summary

Core Content Overview

The Doing Business 2016 report evaluates the regulatory environment for small to medium-sized businesses across 189 economies, including Cabo Verde. It measures and tracks changes in regulations across 11 key areas of business operations: 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. Cabo Verde's performance is analyzed in detail, with comparative data from other selected economies and the global best performer.

Key Indicators and Performance

Main Points of the Report

• Ease of Doing Business Ranking: Cabo Verde ranked 126 in 2016, down 2 positions from 2015. The ranking reflects how an economy compares with others, but not the absolute improvement or decline in regulatory quality.

• Distance to Frontier (DTF) Score: Cabo Verde’s DTF score for starting a business was 86.93 in 2016, showing relatively good performance compared to other economies. However, the DTF score for registering property was 66.66, indicating room for improvement.

• Regulatory Reforms: The report highlights that the methodology has evolved, especially in the areas of construction permits, electricity, property registration, and labor market regulation. These changes allow for more accurate benchmarking and better understanding of regulatory quality.

• Comparative Analysis: Cabo Verde is compared with other economies in Sub-Saharan Africa, such as Angola, The Gambia, Guinea, Guinea-Bissau, Mozambique, and Senegal. These comparator economies provide context for evaluating Cabo Verde’s performance.

• Key Areas of Improvement:

  • Getting Electricity: Cabo Verde ranked 140, with a DTF score of 54.01. It has significant room for improvement in terms of reliability and tariff transparency.
  • Registering Property: Cabo Verde ranked 74, with a DTF score of 66.66. The quality of land administration is a key factor in this area.
  • Getting Credit: Cabo Verde ranked 109, with a DTF score of 40. The depth of credit information and credit bureau coverage are low, with only 17.8% of adults having access to credit registry services.
  • Trading Across Borders: Cabo Verde ranked 106, with a DTF score of 64.74. The report measures time and cost to export and import, which are relatively high compared to global best performers like Denmark.
  • Enforcing Contracts: Cabo Verde ranked 47, with a DTF score of 65.76. It has a relatively high cost of enforcing contracts compared to the global best performer, Singapore.
  • Resolving Insolvency: Cabo Verde ranked 189, with a DTF score of 0. The recovery rate is very low, and the time to resolve insolvency is not practiced in the country.

• Methodology Changes:

  • New indicators have been introduced, such as the building quality control index and reliability of electricity supply and transparency of tariffs.
  • The labor market regulation indicators are excluded from the aggregate DTF score and ease of doing business ranking, but are still presented in the economy profile.
  • The distance to frontier metric allows for the assessment of regulatory changes over time, not just relative rankings.

• Data Sources and Limitations:

  • The data is current as of June 1, 2015, except for the paying taxes indicators, which cover January–December 2014.
  • The report does not cover all aspects of the business environment, such as proximity to large markets, infrastructure quality (beyond electricity and trade), or macroeconomic conditions.
  • The methodology assumes a standard business type (local limited liability company in the largest business city), which may not reflect the full diversity of business practices in the country.

Conclusion

Cabo Verde's business environment in 2016 shows moderate performance in some areas, such as starting a business and property registration, but significant challenges in others, like getting credit and resolving insolvency. The report provides a comprehensive framework for understanding regulatory quality and efficiency, enabling policymakers to identify areas for reform and compare their progress with other economies.