2014年-世界发展银行全球_Doing_Business_Economy_Profile_2015___Madagascar_90页_1mb

Summary of Doing Business 2015: Madagascar

Core Content

The Doing Business 2015 report provides a comprehensive assessment of the regulatory environment for small to medium-sized businesses across 189 economies, including Madagascar. It measures and tracks changes in regulations across 11 key areas of the business life cycle: 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 introduces the distance to frontier (DTF) score and the ease of doing business ranking, which are used to evaluate how close an economy is to the best practices in each area. The DTF score is a normalized value between 0 and 100, where 100 represents the most efficient regulatory environment. The ranking is based on the DTF scores, with 1 being the best and 189 the worst.

Key Changes in Methodology

• The ease of doing business ranking and all topic-level rankings are now based on DTF scores.
• For 11 large economies (e.g., Bangladesh, Brazil, China), data from a second city are included.
• The getting credit indicators have been revised, increasing the number of points in both the strength of legal rights index and the depth of credit information index.
• The protecting investors indicator set was renamed to protecting minority investors, with an expanded scope to include corporate governance.
• The resolving insolvency indicator now includes a strength of legal framework index.
• The paying taxes DTF score calculation has been changed to a nonlinear approach.
• The employing workers indicator set was renamed to labor market regulation, with a focus on the retail sector and expanded coverage to include labor disputes and worker benefits.

Madagascar's Business Environment Overview

• Region: Sub-Saharan Africa
• Income Category: Low income
• Population: 22,924,851
• GNI per capita (US$): 440
• DB2015 Rank: 163
• DB2014 Rank (adjusted): 157
• Change in Rank: -6
• DB2015 DTF Score: 49.3
• DB2014 DTF Score: 48.9
• Change in DTF Score: +0.4

Key Indicators and Performance

Main Findings

• Starting a Business: Madagascar ranks 37th in 2015, slightly lower than in 2014 (33rd). It has 4 procedures, taking 8 days and costing 13.5% of income per capita.
• Dealing with Construction Permits: Madagascar ranks 177th, with 13 procedures, taking 123 days and costing 20.8% of warehouse value.
• Getting Electricity: Madagascar ranks 189th, with 6 procedures, taking 450 days and costing 8,583.3% of income per capita.
• Registering Property: Madagascar ranks 153rd, with 6 procedures, taking 74 days and costing 10.2% of property value.
• Getting Credit: Madagascar ranks 180th, with a very low DTF score (5.00), indicating poor access to credit. It has no credit bureaus or registries covering at least 5% of the adult population.
• Protecting Minority Investors: Madagascar ranks 87th, with a DTF score of 53.33. It has moderate shareholder governance and conflict of interest regulation.
• Paying Taxes: Madagascar ranks 65th, with 23 payments and 183 hours of tax compliance per year. It is far behind the best performer (United Arab Emirates).
• Trading Across Borders: Madagascar ranks 109th, with a moderate DTF score (68.98). It has relatively low costs and procedures for exporting and importing.
• Enforcing Contracts: Madagascar ranks 146th, with 38 procedures and 871 days of time required. It is far from the best performer (Singapore).
• Resolving Insolvency: Madagascar ranks 129th, with a low DTF score (34.43). It has a poor recovery rate and a weak insolvency framework.

Conclusion

Madagascar's business environment remains challenging, with a low ease of doing business rank (163rd) and a moderate DTF score (49.3). The report highlights areas where significant improvements are needed, particularly in access to credit, enforcement of contracts, and insolvency resolution. While some areas, such as starting a business and registering property, show relatively better performance, Madagascar lags behind many comparator economies in terms of efficiency and regulatory quality. The report underscores the importance of reforms in these areas to enhance the business environment and promote economic growth.