Doing Business 2014: Mauritius 20th of 189 Countries

 Mauritius remained in 20th place in the overall ranking on the ease of doing business, established by the report 'Doing Business 2014'. Released Wednesday by the World Bank Group, this ranking includes 189 countries - four more than in the previous edition - Singapore leading up to the Special Administrative Region of Hong Kong and New Zealand . The report, now in its 11th edition, indicates that nine of the 20 economies with the largest increase since 2009 are part of the Sub-Sahara Africa.

Mauritius, who introduced three reforms during the year ending June 2013), was just behind Canada and above countries like Germany, the United Arab Emirates, Japan, the Netherlands, Switzerland France, Italy, China and India. Mauritius leads and largely sub-Saharan African, where the second peak position Rwanda (32nd on the overall plan), followed by South Africa (41), Botswana (56th) and Ghana (67th). According to Doing Business 2014, governments around the world have significantly accelerated the pace of improvement of business regulation in 114 economies last year, representing an increase of 18% over 2011-12, creating the foundation for the development of the activities of local entrepreneurs. The report identified 238 regulatory reforms business in the past year.

Focusing on the theme "Understanding regulations for small and medium enterprises," the report notes that in 2014 the pace of regulatory reform business continues to accelerate as a result of the financial crisis of 2008-09. The report says that if the world's economies adopt best practices in regulation of entrepreneurship, entrepreneurs spend 45 million fewer days each year to satisfy bureaucratic requirements worldwide. The report notes that many sub-Saharan African countries are engaged in reforms aimed not only to reduce the legal regulations, but also to create stronger legal institutions. In 2012-13, the number of countries in the region have undertaken reforms has more than doubled compared to 2005. In addition, of the 20 economies with the most improved business regulation since 2009, there are nine economies of sub-Saharan Africa: Burundi, Sierra Leone, Guinea-Bissau, Rwanda, Togo, Benin, Guinea , Liberia and Côte d'Ivoire.

Doing Business focuses on several important aspects of the regulatory framework applicable to companies. Its assessments focus in particular on the following areas: starting a business, obtaining construction permits, connection to electricity, transfer of property, getting credit, protecting investors, paying taxes and taxes, trading across borders, enforcing contracts and resolving insolvency. The report also examines the regulations relating to the hiring of workers. The document says the World Bank does not have a classification of economies based on the indicators of employment of workers that it does not include this in the overall ranking on the ease of doing business.

Mauritius  Performance

Mauritius performance indicators required under each account for the purpose of classification is as follows:

• starting a business -19th,
• obtaining building permits- 123^rd
• electricity connection - 48
• recording property- 65^th
• access to credit - 42^nd
• investor protection- 12^th
• paying taxes - 13^th
• trading across borders - 12^th
• enforcing contracts - 54^th
• solving the problems of solvency -  61st.

The lowest score for obtaining a building permit. In this chapter, Mauritius finds indeed far behind many countries in sub-Saharan Africa like Namibia (31st), Kenya (47th), Botswana (69th) and Rwanda (85th). No reforms have been made in this field for several years, emphasized the World Bank. "What does it take to comply with the Formalities to build a warehouse in Mauritius? According to data Collected by Doing Business, dealing with construction allowded there Requires 16 procedures, takes 248.0 days and costs 27.4% of income per capita, "the report said.

The document shows that of the 47 economies in the region of sub-Saharan Africa, 31 have made at least one reform in 2012-2013. Rwanda is distinguished with reforms in eight of the ten areas covered by the study. "It is very encouraging to see so many sub-Saharan countries strengthening their legal institutions and engaging in reforms to reduce binding regulations," said Augusto Lopez-Carlos, director of the research unit indicators Analyst Group of the World Bank.

In addition to the overall ranking, Doing Business provides each year focus on economies that improved the most, compared to the previous year, their related indicators measured by the ratio regulations. Thus, the ten economies that have progressed the most are (in ascending order of improvement) Ukraine, Rwanda, Russia, the Philippines, Kosovo, Djibouti, Cote d'Ivoire, Burundi, the former Yugoslav Republic of Macedonia and Guatemala.

Moreover, Doing Business has gathered, for the first time this year, data from four emerging economies: Libya, Burma, San Marino and South Sudan. In addition, six case studies focusing on best practices in the areas measured by Doing Business indicators are included in the report. They include: a) the role of the minimum capital requirements in the field of entrepreneurship, b) risk-based inspections in the field of obtaining building permits c) the cost structure in the electricity connection, d) single window systems in cross-border trade and e) the electronic submission and online payment of taxes, and f) legal online services in the execution of contracts.

Doing Business 2014 full report (.pdf)