2016年-世界发展银行全球_Doing_Business_Economy_Profile_2017___Dominican_Republic_109页_1mb

Doing Business 2017: Dominican Republic Summary

Core Content Overview

The Doing Business 2017 report evaluates the ease of doing business in the Dominican Republic by analyzing regulations affecting 11 key areas in the business life cycle. These areas include 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. The report provides both a rank and a distance to frontier (DTF) score for each indicator, allowing for comparative analysis with other economies and tracking progress over time.

The Dominican Republic is ranked 103 out of 190 economies in the ease of doing business ranking and has a DTF score of 59.35, indicating it is still relatively far from best practices. The report also includes comparator economies for each indicator, enabling a more nuanced understanding of the Dominican Republic's performance.

Key Indicators and Performance

Starting a Business

• Rank (DB2017): 115
• DTF Score (DB2017): 83.34
• Procedures (Men): 7
• Time (Men): 14.5 days
• Cost (Men): 16.3% of income per capita
• Procedures (Women): 7
• Time (Women): 14.5 days
• Cost (Women): 16.3% of income per capita

Dealing with Construction Permits

• Rank (DB2017): 45
• DTF Score (DB2017): 75.20
• Procedures: 13
• Time: 184 days
• Cost: 1.7% of warehouse value

Getting Electricity

• Rank (DB2017): 148
• DTF Score (DB2017): 52.18
• Procedures: 7
• Time: 67 days
• Cost: 267.1% of income per capita

Registering Property

• Rank (DB2017): 82
• DTF Score (DB2017): 65.61
• Procedures: 6
• Time: 45 days
• Cost: 3.5% of property value

Getting Credit

• Rank (DB2017): 101
• DTF Score (DB2017): 45.00
• Strength of Legal Rights Index: 1.0 (0-12)
• Depth of Credit Information Index: 8.0 (0-8)
• Credit Bureau Coverage: 74.9% of adults

Protecting Minority Investors

• Rank (DB2017): 87
• DTF Score (DB2017): 53.33
• Strength of Minority Investor Protection Index: 5.3 (0-10)
• Shareholder Governance Index: 5.3 (0-10)

Paying Taxes

• Rank (DB2017): 129
• DTF Score (DB2017): 60.7
• Number of Payments (per year): 7
• Time (hours per year): 317
• Total Tax Rate (% of profit): 42.4%

Trading Across Borders

• Rank (DB2017): 58
• DTF Score (DB2017): 83.51
• Time to Export (Border Compliance): 16 hours
• Cost to Export (Border Compliance): $488
• Time to Export (Documentary Compliance): 10 hours
• Cost to Export (Documentary Compliance): $15
• Time to Import (Border Compliance): 24 hours
• Cost to Import (Border Compliance): $579
• Time to Import (Documentary Compliance): 14 hours
• Cost to Import (Documentary Compliance): $40

Enforcing Contracts

• Rank (DB2017): 131
• DTF Score (DB2017): 51.03
• Time (days): 505
• Cost (% of claim): 40.9%
• Quality of Judicial Processes Index: 5.5 (0-18)

Resolving Insolvency

• Rank (DB2017): 160
• DTF Score (DB2017): 23.55
• Recovery Rate (cents on the dollar): 8.9
• Time (years): 3.5
• Cost (% of estate): 38.0%

Main Findings and Insights

• The Dominican Republic has made minimal changes in its ranking and DTF score from 2016 to 2017, with a rank change of 0 and a DTF change of 0.27.
• The business environment is ranked 103 out of 190, indicating room for improvement in regulatory practices.
• The report introduces a gender dimension in several indicators, such as starting a business and registering property, highlighting that women face similar procedures to men, but some economies have additional gender-specific requirements.
• The DTF score is a key metric for measuring how close an economy is to the best practices in each indicator, providing a clearer picture of progress than the overall ranking.
• The Dominican Republic is not among the best performers in most indicators, with the best performer globally being New Zealand for starting a business and the United Arab Emirates for paying taxes.
• Comparative analysis with other economies like Colombia, Mexico, and Panama shows that the Dominican Republic lags behind in several areas, particularly in getting credit and resolving insolvency.

Methodology and Limitations

• The report uses quantitative indicators to measure regulatory ease and business environment quality across 190 economies.
• It does not include labor market regulation in the aggregate ranking or DTF score, but presents the data separately.
• Paying taxes includes postfiling processes such as tax refunds, audits, and appeals, reflecting the full tax burden on businesses.
• The methodology is based on standard assumptions and applies to a local limited liability company in the largest business city.
• The report does not assess other important factors like proximity to large markets, infrastructure quality, or institutional strength, which are not directly measured by the Doing Business indicators.

Conclusion

The Doing Business 2017 report highlights the Dominican Republic's regulatory environment as moderate, with significant room for improvement in several key areas. While some indicators show stable performance, others indicate persistent challenges, particularly in accessing credit and resolving insolvency. The introduction of gender-based metrics adds new depth to the analysis, helping to identify unequal treatment in certain regulatory processes. Policymakers are encouraged to use this data to design targeted reforms and improve the overall business climate.