2013年-世界发展银行全球_Doing_Business_2014_Economy_Profile___Belgium_111页_1mb

Belgium Economy Profile - Doing Business 2014

Core Content Overview

Doing Business 2014 is an annual report by the World Bank and International Finance Corporation that evaluates the ease of doing business across 189 economies. It measures regulations affecting the business life cycle in 11 key areas, including starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and employing workers. The report provides comparative data for Belgium and other economies, using standardized assumptions and percentile rankings.

Key Indicators and Rankings

Overall Business Environment

• DB2014 Rank: 36
• DB2013 Rank: 32 (adjusted for data corrections and new economies added)
• Change in Rank: -4
• Distance to Frontier (DTF) 2014: 74.37
• DTF 2013: 74.34
• Change in DTF: +0.07

Ranking by Topics

• Starting a Business: 49 (Belgium) vs. 1 (New Zealand)
• Dealing with Construction Permits: 100 (Belgium) vs. 1 (Hong Kong SAR, China)
• Getting Electricity: 90 (Belgium) vs. 1 (Iceland)
• Registering Property: 180 (Belgium) vs. 1 (Georgia)
• Getting Credit: 73 (Belgium) vs. 1 (Malaysia)
• Protecting Investors: 16 (Belgium) vs. 1 (New Zealand)
• Paying Taxes: 76 (Belgium) vs. 1 (United Arab Emirates)
• Trading Across Borders: 28 (Belgium) vs. 1 (Singapore)
• Enforcing Contracts: 16 (Belgium) vs. 1 (Luxembourg)
• Resolving Insolvency: 6 (Belgium) vs. 1 (Japan)
• Employing Workers: Not included in the aggregate ranking, but data is presented

Main Points

1. Ease of Doing Business Index

• The index is calculated as the simple average of percentile rankings on 10 topics.
• Belgium ranks 36th out of 189 economies, indicating a relatively good business environment.
• The DTF score indicates Belgium's progress toward best practices, with a slight increase of 0.07 points from 2013.

2. Starting a Business

• Belgium requires 3 procedures, taking 4.0 days, costing 5.2% of income per capita, and requiring 18.2% of income per capita as paid-in minimum capital.
• Globally, Belgium ranks 49th in this category.
• The procedures include depositing capital with a Belgian credit institution, obtaining certification, and registering the company in the largest business city (Brussels).

3. Dealing with Construction Permits

• Belgium requires 13 procedures, taking 214.0 days, and costing 54.3% of income per capita.
• It ranks 100th globally, indicating a relatively difficult process.
• Comparatively, it is worse than the regional average and many comparator economies.

4. Getting Electricity

• Belgium requires 6 procedures, taking 88 days, and costing 92.5% of income per capita.
• It ranks 90th globally, with the best performer being Germany (17 days).
• The cost is higher than many comparator economies.

5. Registering Property

• Belgium requires 8 procedures, taking 64.0 days, and costing 12.7% of property value.
• It ranks 180th globally, indicating a challenging process.
• The best performer is New Zealand (1.0 day), and the cost is higher than many comparator economies.

6. Getting Credit

• Belgium requires 26 procedures, taking 505 days, and costing 17.7% of claim.
• It ranks 73rd globally, with Singapore being the best performer (150 days).
• The cost is higher than many comparator economies.

7. Protecting Investors

• Belgium ranks 16th globally, with New Zealand being the best performer.
• The strength of legal rights index is 7.0, indicating strong investor protection.

8. Paying Taxes

• Belgium ranks 76th globally, with United Arab Emirates being the best performer.
• It requires 11 payments per year, taking 160 hours, and costing $1,240 per container for exports.

9. Trading Across Borders

• Belgium ranks 28th globally, with Singapore being the best performer.
• It requires 4 documents to export, taking 9 days, and costing $1,240 per container.

10. Enforcing Contracts

• Belgium ranks 16th globally, with Luxembourg being the best performer.
• It requires 26 procedures, taking 505 days, and costing 17.7% of claim.

11. Resolving Insolvency

• Belgium ranks 6th globally, with Japan being the best performer.
• It takes 0.9 years to resolve insolvency, with a recovery rate of 89.0 cents on the dollar.

Key Insights

• Belgium's business environment is generally favorable, but it lags behind many comparator economies in specific areas.
• The distance to frontier measure highlights how far Belgium is from the best practices in each indicator.
• The report underscores the importance of reforms to improve the business environment, particularly in areas like starting a business, getting electricity, and registering property.
• The methodology used in the report assumes a standardized company, which helps in making cross-country comparisons.
• Comparative data allows for a better understanding of Belgium's position relative to other economies in the same region and globally.

Summary

Belgium's business environment is ranked 36th globally in the Ease of Doing Business index, indicating a relatively good regulatory framework. However, it faces challenges in areas such as dealing with construction permits, getting electricity, and registering property, where it ranks lower than many comparator economies. The report provides detailed data on the procedures, time, and cost required for starting a business, getting credit, and other key areas, helping policymakers identify areas for improvement. The distance to frontier measure is used to assess progress toward best practices, and the report emphasizes the importance of reforms to enhance the business environment.