2017年-世界发展银行全球_Economy_Profile_of_Puerto_Rico_69页_1mb

Summary of Doing Business 2018 Report: Puerto Rico (U.S.)

Core Content

The Doing Business 2018 report by the World Bank Group provides a comprehensive assessment of business regulations and their enforcement across 190 economies. The report evaluates various aspects of the regulatory environment for domestic firms, focusing on the ease of doing business and the distance to frontier (DTF) as a benchmark for reform. It includes detailed data on 11 key indicators, with Puerto Rico (U.S.) being analyzed based on its largest business city, San Juan.

Key Indicators and Their Measures

The report assesses the following indicators:

• Starting a business: Procedures, time, cost, and minimum paid-in capital required.
• Dealing with construction permits: Procedures, time, cost, and quality control mechanisms.
• Getting electricity: Procedures, time, cost, reliability, and tariff transparency.
• Registering property: Procedures, time, cost, and land administration quality.
• Getting credit: Collateral laws and credit information systems.
• Protecting minority investors: Shareholders' rights in related-party transactions and corporate governance.
• Paying taxes: Tax payments, time, and total tax rate.
• Trading across borders: Time and cost to export and import.
• Enforcing contracts: Time and cost to resolve commercial disputes and judicial process quality.
• Resolving insolvency: Time, cost, outcome, and recovery rate.
• Labor market regulation: Flexibility and aspects of job quality.

Each indicator is measured using a standardized methodology to ensure comparability across economies. The DTF score reflects the distance of an economy to the best performance observed globally on each indicator, ranging from 0 (lowest performance) to 100 (frontier). The ease of doing business ranking is based on the aggregated DTF scores, with 1 being the best and 190 the worst.

Puerto Rico (U.S.) Profile

• Region: Latin America & Caribbean
• Income Category: High income
• Population: 3,411,307
• GNI per Capita (US$): 29,697
• City Covered: San Juan
• DTF Score (Starting a Business): 50.00
• Ease of Doing Business Rank (Starting a Business): 64th
• DTF Score (Dealing with Construction Permits): 56.00
• Ease of Doing Business Rank (Dealing with Construction Permits): 56th

Main Views and Insights

Starting a Business

• Procedures: 6 procedures for both men and women.
• Time: 5.5 days for both men and women.
• Cost: 0.8% of income per capita for both men and women.
• Paid-in Minimum Capital: 0.0% of income per capita (no minimum capital required).
• Comparison:
  • Latin America & Caribbean: 8.5 procedures, 31.8 days, 37.5% of income per capita.
  • OECD high income: 4.9 procedures, 8.5 days, 3.1% of income per capita.
  • Overall Best Performer: 1 procedure, 0.5 days, 0.0% of income per capita (New Zealand).

Dealing with Construction Permits

• Procedures: 22 procedures.
• Time: 165 days.
• Cost: 6.3% of warehouse value.
• Building Quality Control Index: 12.0 (out of 15).
• Comparison:
  • Latin America & Caribbean: 15.7 procedures, 191.8 days, 3.2% of warehouse value.
  • OECD high income: 12.5 procedures, 154.6 days, 1.6% of warehouse value.
  • Overall Best Performer: 7 procedures, 27.5 days, 0.10% of warehouse value (Korea, Rep.).

Key Information

Methodology Overview

• The Doing Business project collects data on business regulations for small and medium-sized enterprises (SMEs) in the largest business city of each economy, with some economies also including data from their second largest city.
• The methodology includes standardized assumptions about the business, such as being a 100% domestically owned limited liability company, operating in San Juan, and employing between 10 and 50 people.
• Online procedures are counted as 0.5 days, and no bribes or professional fees are included in the cost calculations unless required by law.
• The DTF score is calculated as the average of the component indicators for each topic.

Procedure Details for Starting a Business in Puerto Rico (U.S.)

Procedure Details for Dealing with Construction Permits in Puerto Rico (U.S.)

Conclusion

The Doing Business 2018 report provides a detailed and standardized evaluation of regulatory environments for domestic firms. Puerto Rico (U.S.) is ranked 64th in the ease of starting a business and 56th in the ease of dealing with construction permits. While the report does not include labor market regulation in the overall DTF score or ranking, it still provides data for this topic. The methodology ensures that the data is comparable across economies, and the DTF score helps identify areas for reform. The report serves as a valuable resource for policymakers, researchers, and businesses seeking to understand and improve the regulatory environment.