2014年-世界发展银行全球_Doing_Business_Economy_Profile___Jamaica_86页_1mb

Doing Business 2015: Jamaica Summary

Core Content

The Doing Business 2015 report evaluates the ease of doing business in Jamaica by analyzing 11 key regulatory areas that affect domestic small to medium enterprises (SMEs). The report provides comparative data with other economies in the region and globally, using the Distance to Frontier (DTF) score and Ease of Doing Business (EDB) ranking to measure regulatory performance. It also outlines methodological changes introduced in the 2015 edition, which improve the accuracy and comprehensiveness of the data.

Main Topics and Indicators

1. Business Environment Overview

• Region: Latin America & Caribbean
• Income Category: Upper middle income
• Population: 2,715,000
• GNI per capita (US$): 5,220
• DB2015 Rank: 58
• DB2014 Rank: 85 (adjusted for methodological changes)
• DB2015 DTF Score: 67.8
• DB2014 DTF Score: 62.2
• Change in Rank: Improved by 27 positions
• Change in DTF: Increased by 5.6 points

Key Indicators and Performance

Starting a Business

• Rank (DB2015): 20
• DTF Score: 94.13
• Procedures: 2
• Time (days): 15.0
• Cost (% of income per capita): 6.0
• Comparator Economies:
  • Antigua and Barbuda: 102 (rank), 83.28 (DTF)
  • Grenada: 80 (rank), 86.70 (DTF)
  • Best Performer: New Zealand (rank 1, DTF 99.96)

Dealing with Construction Permits

• Rank (DB2015): 26
• DTF Score: 83.17
• Procedures: 7.0
• Time (days): 135.0
• Cost (% of warehouse value): 2.2
• Comparator Economies:
  • Antigua and Barbuda: 30 (rank), 82.21 (DTF)
  • Grenada: 40 (rank), 79.00 (DTF)
  • Best Performer: Hong Kong SAR, China (rank 1, DTF 95.53)

Getting Electricity

• Rank (DB2015): 111
• DTF Score: 70.36
• Procedures: 6.0
• Time (days): 96.0
• Cost (% of income per capita): 406.3
• Comparator Economies:
  • Antigua and Barbuda: 17 (rank), 90.46 (DTF)
  • Grenada: 77 (rank), 77.78 (DTF)
  • Best Performer: Republic of Korea (rank 1, DTF 99.83)

Registering Property

• Rank (DB2015): 126
• DTF Score: 59.36
• Procedures: 6.0
• Time (days): 36.0
• Cost (% of property value): 9.5
• Comparator Economies:
  • Antigua and Barbuda: 141 (rank), 55.44 (DTF)
  • Grenada: 128 (rank), 59.12 (DTF)
  • Best Performer: Georgia (rank 1, DTF 99.88)

Getting Credit

• Rank (DB2015): 12
• DTF Score: 80.00
• Strength of Legal Rights Index (0–12): 10
• Depth of Credit Information Index (0–8): 6
• Comparator Economies:
  • Antigua and Barbuda: 151 (rank), 25.00 (DTF)
  • Grenada: 131 (rank), 30.00 (DTF)
  • Best Performer: New Zealand (rank 1, DTF 100)

Protecting Minority Investors

• Rank (DB2015): 71
• DTF Score: 56.67
• Comparator Economies:
  • Antigua and Barbuda: 35 (rank), 62.50 (DTF)
  • Grenada: 141 (rank), 43.33 (DTF)
  • Best Performer: New Zealand (rank 1, DTF 81.67)

Paying Taxes

• Rank (DB2015): 147
• DTF Score: 59.01
• Payments (per year): 36.0
• Time (hours per year): 368.0
• Comparator Economies:
  • Antigua and Barbuda: 159 (rank), 54.51 (DTF)
  • Grenada: 106 (rank), 71.12 (DTF)
  • Best Performer: United Arab Emirates (rank 1, DTF 99.44)

Trading Across Borders

• Rank (DB2015): 115
• DTF Score: 68.22
• Documents to Export: 6
• Time to Export (days): 20.0
• Cost to Export (US$ per container): 1,580.0
• Comparator Economies:
  • Antigua and Barbuda: 89 (rank), 73.58 (DTF)
  • Grenada: 51 (rank), 80.22 (DTF)
  • Best Performer: Singapore (rank 1, DTF 96.47)

Enforcing Contracts

• Rank (DB2015): 117
• DTF Score: 53.74
• Procedures: 35.0
• Time (days): 655.0
• Cost (% of claim): 45.6
• Comparator Economies:
  • Antigua and Barbuda: 76 (rank), 61.26 (DTF)
  • Grenada: 144 (rank), 46.25 (DTF)
  • Best Performer: Singapore (rank 1, DTF 89.54)

Resolving Insolvency

• Rank (DB2015): 59
• DTF Score: 53.29
• Time (years): 1.1
• Cost (% of estate): 18.0
• Comparator Economies:
  • Antigua and Barbuda: 114 (rank), 38.19 (DTF)
  • Grenada: 189 (rank), 0.00 (DTF)
  • Best Performer: Finland (rank 1, DTF 93.85)

Methodological Changes in Doing Business 2015

• Ease of Doing Business Ranking: Based on Distance to Frontier (DTF) scores.
• Second City Data: Added for 11 large economies (e.g., Bangladesh, Brazil, China, etc.).
• Getting Credit: Updated Strength of Legal Rights Index and Depth of Credit Information Index (now scored on 12 and 8 points respectively).
• Protecting Minority Investors: Indicator set expanded to include corporate governance beyond related-party transactions.
• Resolving Insolvency: New index measuring the strength of the legal framework for insolvency.
• Paying Taxes: Nonlinear calculation of total tax rate component.
• Employing Workers: Renamed to Labor Market Regulation, now focusing on the retail sector and including labor disputes and worker benefits.

Key Takeaways

• Jamaica improved its Ease of Doing Business ranking by 27 positions in 2015, moving from rank 85 to 58.
• The Distance to Frontier (DTF) score increased by 5.6 points, indicating progress toward best practices.
• Jamaica performs relatively well in Starting a Business (rank 20) and Getting Credit (rank 12), but lags behind in Registering Property (rank 126) and Paying Taxes (rank 147).
• The report highlights that while Jamaica has made some progress, there are still significant regulatory bottlenecks in several areas, especially in Registering Property and Paying Taxes.
• Jamaica's Enforcing Contracts and Resolving Insolvency performance is among the lowest, indicating challenges in legal enforcement and business recovery processes.
• The Labor Market Regulation indicators are not included in the EDB ranking, but they are now more comprehensive, covering the retail sector and labor disputes.

Comparative Insights

• Jamaica's performance is better than its regional peers (e.g., Antigua and Barbuda, Grenada) but still trails behind global best performers such as New Zealand, Singapore, and Qatar.
• The report provides a valuable benchmark for identifying areas where Jamaica can implement reforms to improve its business environment and increase competitiveness.

Conclusion

Doing Business 2015 underscores Jamaica's progress in some areas but highlights persistent challenges in others. The report serves as a critical tool for policymakers to understand the regulatory landscape and identify reforms that can enhance the business environment and support economic growth.