APEC s Ease of Doing Business Interim Assessment

Transcription

1 212/SOM1/EC/WKSP/3 Session 1 s Ease of Doing Business Interim Assessment Submitted by: Policy Support Unit, Secretariat Ease of Doing Business 212 Stocktake Workshop Moscow, Russia February 212

2 s Ease of Doing Business Interim Assessment February 212 Secretariat Ease of Doing Business Stocktake Workshop Presented by Carlos Kuriyama Senior Analyst, Policy Support Unit s Ease of Doing Business Endorsed in 29 Five priority areas: o Starting a Business o Getting Credit o Enforcing Contracts o Trading Across Borders o Dealing with Permits Goals in priority areas: -wide 25% improvement by 215 Interim target 5% improvement by 211 Objective: to improve business environment in through regulatory reform 1

3 EoDB Capacity-building efforts s EoDB includes capacity building programs to assist members to improve in priority areas Two phases: o Phase 1: Seminars and workshops top share information and experiences o Phase 2: Diagnostic studies, tailored to each member with recommendations to improve business environment EoDB Capacity-building efforts Champion Economies have been identified in to lead capacity building efforts Champion Economies by priority areas: o Starting a Business: New Zealand and United States o Dealing with Construction Permits: Singapore o Getting Credit: Japan o Trading Across Borders: Hong Kong (only phase 1) and Singapore o Enforcing Contracts: Korea Phase 1 activities completed in 21 Phase 2 activities ongoing 2

4 EoDB Phase 2 activities Among ongoing or completed phase 2 activities led by Champion Economies are the following: o Diagnostic studies on Starting a Business in Indonesia, Peru and Thailand o Diagnostic field visits and studies on Enforcing Contracts to Indonesia and Peru o Study on Getting Credit: SME financing in Thailand o Diagnostic studies on Trading Across Borders for Peru. Similar studies and field visits planned for Mexico and Viet Nam. o Planning diagnostic studies and field visits on Dealing with Permits in Indonesia, Peru and Thailand. Interim Assessment World Bank s Doing Business 212 data includes data up to 211 and incorporates: Methodological changes to: Dealing with Construction Permits, and Getting Credit sub-indicators Revisions and adjustments to historical data Assessment evaluates the interim target of 5% improvement by 211. figures between 29 and 211 for each priority area s indicators are compared. Simple averages were used across priority areas improvement rates to obtain s overall improvement rate in EoDB. Approach was adopted at EC in 211 3

5 Average and Median Values Priority areas improvement rates are calculated by combining the percent change of their average or median indicators. Median values are introduced to complement average values. Median is the middle value in any data series, in between the upper-half and lower-half values. Average values could be affected by the presence of outliers (extreme values). Median values are not. Example: Cost of Dealing with Construction Permits (Year 211) Position % of income per capita 1 st nd rd th th th th th th th th th th th th th th th th th st % of data points Median 5 % of data points Average is much higher than median Extreme values pulling up averages. 6 values higher than average and 15 lower than average Average: 87. 4

6 s EoDB Overall Progress Average Values s improvement in EoDB s priority areas measured by average values is equivalent to 11.6% (above benchmark) Third best improvement among all regions Ease of Doing Business Overall Progress Average Values (29 211) Sub Saharan South Asia Middle East & North Latin America & Caribbean European Union Eastern Europe & s EoDB Overall Progress Average Values Overall Progress at Ease of Doing Business Initiative (29 211) Average Values Benchmark = 5 percent Region Starting a Business Dealing with Construction Permits Getting Credit Trading Across Borders Enforcing Contracts Overall Progress Eastern Europe & European Union Latin America & Caribbean Middle East & North South Asia Sub Saharan

7 s EoDB Overall Progress Median Values s improvement in EoDB s priority areas measured by median values is equivalent to 5.9% (above benchmark) Progress has been uneven among s members Sub Saharan South Asia Middle East & North Latin America & Caribbean European Union Eastern Europe & Ease of Doing Business Overall Progress Median Values (29 211) s EoDB Overall Progress Median Values Overall Progress at Ease of Doing Business Initiative (29 211) Median Values Benchmark = 5 percent Region Starting a Business Dealing with Construction Permits Getting Credit Trading Across Borders Enforcing Contracts Overall Progress Eastern Europe & European Union Latin America & Caribbean Middle East & North South Asia Sub Saharan

8 s Performance: Starting a Business Procedures (number) Time (days) Cost (% of income capita) Paid in Min. Capital (% of income capita) Average Average Improvement ( ) 18.2% 19.8% 13.4% 21.6% Median Median Improvement ( ) 25% 56.5% 17.3% % s Performance: Starting a Business Average Values s combined progress: 18.3% improvement. The second best among all regions Starting a Business Improvement Rate of Average Values Eastern Europe & Central Asia European Union Latin America & Caribbean Middle East & North South Asia Sub Saharan 7

9 s Performance: Starting a Business Median Values s combined progress: 24.7% improvement. Mainly explained by the reduction of the time to start a business and a decrease in the number of procedures Starting a Business Improvement Rate of Median Values Eastern European Europe & Union Latin Middle East America & & North Caribbean s Performance: Dealing with Construction Permits Procedures (number) Time (days) Cost (% of income capita) Average Average Improvement ( ) 3.1% 8.2% 69.8% Median Median Improvement ( ) % % +3% (decline) 8

10 s Performance: Dealing with Construction Permits Average Values s combined progress: 27% improvement. The greatest among all regions and explained by the reduction of cost as a percentage of income per capita in members at bottom-half Dealing with Construction Permits Improvement Rate of Average Values Eastern European Europe & Union Latin Middle East America & & North Caribbean 5. s Performance: Dealing with Construction Permits Median Values s combined progress: 1% decline. Explained by the increase in the median cost as a percentage of income per capita Dealing with Construction Permits Improvement Rate of Average Values Eastern Europe & European Union Latin America & Caribbean Middle East & North 9

11 s Performance: Getting Credit Strength of Legal Rights Index ( 1) Depth of Credit Information Index ( 6) Public Bureau Coverage (% of adult population) Private Bureau Coverage (% of adult population) Average Average Improvement (+) +2.1% +5.3% +24.2% +3.6% Median Median Improvement (+) % % % +3.5% s Performance: Getting Credit Average Values s combined progress: 8.8% improvement (above the benchmark but beyond the rates registered by other regions) Getting Credit Improvement Rate of Average Values Eastern Europe & European Union Latin America & Caribbean Middle East & North 1

12 s Performance: Getting Credit Median Values s combined progress:.9% improvement. Only the median of the private credit bureau coverage changed 3 Getting Credit Improvement Rate of Median Values Eastern European Europe & Union Latin Middle East America & & North Caribbean 5. s Performance: Trading Across Borders EXPORT IMPORT Documents (number) Time (days) Cost (US$ per container) Documents (number) Time (days) Cost (US$ per container) Average Average Improvement ( ).9% 6.8% 1.4%.8% 6% 2.4 Median Median Improvement ( ) % 14.3% 8.4% % 7.1% % 11

13 s Performance: Trading Across Borders Average Values s combined progress: 3.1% improvement. Second best among all regions. Most progress in terms of time 8 Trading Across Borders Improvement Rate of Average Values Eastern Europe & European Union Latin Middle East America & & North Caribbean 5. s Performance: Trading Across Borders Median Values s combined progress: 5% improvement. Only region to reach the benchmark. Most progress in terms of time Trading Across Borders Improvement Rate of Median Values 4 6 Eastern Europe & European Union Latin America & Caribbean Middle East & North 5. 12

14 s Performance: Enforcing Contracts Procedures (number) Time (days) Cost (% of claim) Average Average Improvement ( ).5% 1.8%.2% Median Median Improvement ( ) % % % s Performance: Enforcing Contracts Average Values s combined progress:.7% improvement 2 Enforcing Contracts Improvement Rate of Average Values Eastern Europe & European Union Latin America & Caribbean Middle East & North 13

15 s Performance: Enforcing Contracts Median Values s combined progress: no change. No region experienced significant changes 2 Enforcing Contracts Improvement Rate of Median Values Eastern Europe & European Union Latin Middle East America & & North Caribbean Summary of Outcomes Measured by average values ( 11.6% combined improvement): All priority areas improved in the majority of their indicators 19 EoDB indicators registered improvements (95% of indicators),1 of them went beyond benchmark (5% of indicators) Only one indicator declined (5% of indicators) Measured by median values ( 5.9% combined improvement): Two priority areas improved in at least half of their indicators (Starting a Business, Trading Across Borders) 7 EoDB indicators registered improvements (35% of indicators), 6 of them went beyond benchmark (3% of indicators) 12 EoDB indicators did not change (6% of them). Only one indicator declined (5% of indicators) 14

16 Summary of Outcomes made a good start. Progress between was evident but uneven among members and across priority areas Progress in some average indicators was mainly explained by improvements of developing economies industrialized members have already established good business conditions, but can improve in certain areas Best performance was registered in Starting a Business There is still room for improvement. members stand to benefit from additional reforms Individual and collective efforts must continue to meet the ambitious goal of 25 percent improvement by 215 Further Information PSU Website: psu.html Policy Support Unit Secretariat 35 Heng Mui Keng Terrace Singapore Telephone: (65) Fax: (65) psugroup@apec.org 15

17 s Ease of Doing Business Interim Assessment February 212 Secretariat Presented by Carlos Kuriyama Senior Analyst, Policy Support Unit 16