Presentation: APEC s Ease of Doing Business Moving Towards the 2015 Objective
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1 13/SOM3/EC/ Agenda Item: Presentation: APEC s Ease of Doing Business Moving Towards the Objective Purpose: Information Submitted by: PSU, APEC Secretariat Second Economic Committee Meeting Medan, Indonesia -3 June 13
2 3//13 APEC Ease of Doing Business Moving towards the objective APEC Secretariat, Policy Support Unit June 13 Presented by Carlos Kuriyama Senior Analyst, Policy Support Unit Advancing Free Trade for Asia Pacific Prosperity 13 APEC Secretariat Overall progress so far Period/Priority Area Starting a Business Dealing with Construction Permits Getting Credit Trading Across Borders Enforcing Contracts Overall Progress Pro rata Benchmark Average Values Median Values % % Not all priority areas are improving their performance as per the prorata benchmark Uneven indicators across APEC economies. Median indicators are moving slower than average indicators in areas such as dealing with construction permits and getting credit 1
3 3//13 Starting a Business (Average Values) Time Cost (% of income per capita) Paid in Min. Capital (% of income per capita) Current Situation () (% Improvement) by (% Improvement) by Meeting 1 13 Time Cost Paid in Min. Capital Not Starting a Business (Median Values) Time Cost (% of income per capita) Paid in Min. Capital (% of income per capita) Current Situation (). (% Improvement) by... (% Improvement) by 1.3. Meeting 1 Time Cost Paid in Min. Capital Not
4 3//13 Dealing with Construction Permits (Average Values) Time Cost (% of income per capita) Current Situation () (% Improvement) by 1.3. (% Improvement) by Meeting Time Cost Not Dealing with Construction Permits (Median Values) Time Cost (% of income per capita) Current Situation () (% Improvement) by... (% Improvement) by...1 Meeting Time Cost Not 3
5 3//13 Getting Credit (Average Values) Strength of legal rights ( ) Depth of credit information ( ) Public registry (% of adults) Private bureau (% of adults) Current Situation ().... (% Improvement) by (% Improvement) by Meeting Strength of legal Depth of credit rights information Public registry Not Private bureau Getting Credit (Median Values) Strength of legal rights ( ) Depth of credit information ( ) Public registry (% of adults) Private bureau (% of adults) Current Situation ().3 (% Improvement) by (% Improvement) by Strength of legal rights Meeting Depth of credit information Public registry Not Private bureau
6 3//13 Trading Across Borders (Average Values) Current Situation () (% Improvement) by (% Improvement) by to Cost to (US$ per container) to Cost to (US$ per container) Meeting 13 to Cost to to Cost to Not Trading Across Borders (Median Values) Current Situation () (% Improvement) by (% Improvement) by to Cost to (US$ per container) to Cost to (US$ per container) Meeting 13 to Cost to to Not Cost to
7 3//13 Enforcing Contracts (Average Values) Time Cost (% of claim) Current Situation () (% Improvement) by (% Improvement) by Meeting Time Cost Not Enforcing Contracts (Median Values) Time Cost (% of claim) Current Situation () 3 (% Improvement) by (% Improvement) by Meeting Time Cost Not
8 3//13 Summary Pro-rata Target (Average Values) Number of EoDB Indicators indicators economies > indicators economies *) APEC S Ease of Doing Business (EoDB) Initiative is comprised of Indicators in five priority areas # of APEC Economies # of EoDB Indicators with pro rata targets met Summary Pro-rata Target (Median Values) Number of EoDB Indicators indicators economies > indicators economies *) APEC S Ease of Doing Business (EoDB) Initiative is comprised of Indicators in five priority areas # of APEC Economies # of EoDB Indicators with pro rata targets met
9 3//13 Moving closer to objective Individual Economy Reports (IER) from AEPR allows the identification of potential topics for capacity building. For example: Starting a Business: one stop shops at municipal level; review of company establishment laws; second chance express bankrupcy laws. Dealing with Construction Permits: review of construction codes; e systems to approve construction plans. Getting Credit: best practices on credit reporting systems; setting/improving efficiency of credit information bureaus; systems for collateral registration. Trading Across Borders: best practices for single windows; risk management programs. Enforcing Contracts: reform of contract laws; development of arbitration centers; procedural reforms. APEC Ease of Doing Business Moving towards the objective APEC Secretariat, Policy Support Unit June 13 Presented by Carlos Kuriyama Senior Analyst, Policy Support Unit Advancing Free Trade for Asia Pacific Prosperity 13 APEC Secretariat
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