2012年-世界发展银行全球_Doing_Business_Economy_Profile_2013___Vanuatu_112页_1mb

Economy Profile: Vanuatu - Doing Business 2013

Core Content Overview

This document provides an analysis of the business environment in Vanuatu based on the Doing Business 2013 report, which evaluates regulatory reforms and business conditions across 185 economies. The report focuses on smarter regulations for small and medium-sized enterprises (SMEs) and measures 11 key areas of business regulation.

Main Indicators and Rankings

Vanuatu's business environment is assessed using the Ease of Doing Business (EoDB) index, which ranks economies based on regulatory efficiency. The key indicators and their rankings for Vanuatu in 2013 are as follows:

Key Findings

• Ease of Doing Business (EoDB) Index: Vanuatu ranked 80 in 2013, down by 2 from 2012.
• Comparative Performance: Vanuatu performs relatively poorly compared to comparator economies and regional averages in most areas, except for paying taxes, where it is among the top performers.
• Top Performers: The best performer in the global ranking for starting a business is New Zealand, while Iceland leads in getting electricity and Georgia in registering property.
• Reforms: Vanuatu implemented some reforms in 2012, such as reducing the time required for company registration and issuing provisional licenses, but no major reforms were recorded in 2013.

Methodology and Limitations

• The Ease of Doing Business index ranks economies based on percentile rankings across 10 topics.
• The distance to frontier measure shows how far an economy is from the best practices in each indicator.
• The report focuses on local limited liability companies in the largest business city, and does not account for all aspects of the business environment, such as infrastructure quality, market access, or institutional strength.

Business Regulation Reforms in Vanuatu

Summary of Business Environment

• Vanuatu has a lower middle-income status and a population of 245,619.
• The GNI per capita is $2,870.
• The business environment is generally challenging, with high costs and lengthy procedures in most areas.
• Starting a business is particularly difficult, requiring 8 procedures, taking 35 days, and costing 47.2% of income per capita.
• Getting credit is difficult due to low legal rights index and limited credit information depth.
• Registering property is also challenging, with high costs and lengthy procedures.
• Trading across borders is among the hardest in the region, with high costs and time for both imports and exports.
• Enforcing contracts and resolving insolvency are complex and costly processes.

Conclusion

The Doing Business 2013 report highlights that Vanuatu's regulatory environment for SMEs is not conducive to business growth, with significant bottlenecks in starting and operating a business. While some reforms were made in 2012, the overall business environment remains challenging, particularly in areas like starting a business, getting credit, and registering property. The report serves as a guide for policymakers to identify areas for improvement and benchmark Vanuatu's performance against other economies.