Tuesday, October 25, 2016

Russia took the 40th place in the ranking of Doing Business- RBC

Photo: Reuters/Pixstream

Russia in the latest ranking of ease of Doing business in 2017 from the world Bank took 40 th place. The authors changed the methodology and redrawn in the rating of Russia has dropped four positions

Russia took the 40th place in the updated ranking of the ease of Doing business in 2017 from the world Bank. Last year Russia was on the 51 th place, but this year the authors changed the methodology of counting on it, and last year’s figures. The result was that Russia fell in the rankings in four lines (adjusted position as last year — 36-I). Just ranking 190 countries.

tops the ranking for New Zealand, last year’s leader, Singapore came down to second place.

the Rating of ease of doing business is measured by several indicators, including the ease of starting a business, obtaining construction permits and electricity, registering property, getting credit, protecting minority shareholder rights, tax payment and several others. In Russia the situation is much better with the registration of ownership (ninth largest in the world), the registration of enterprises (26th place), and the last indicator Russia has risen on 11 positions. But for obtaining construction permits, Russia ranks only 115th place, and the ease of international trade (the time and cost of export/import procedures) — and at 140. for Example, in Moscow is necessary to carry out an average of 14 procedures, and to wait 230 days to obtain construction permit.

the Revision of the rating methodology is associated in particular with the introduction of the gender dimension in the indicators for starting a business, registering property and enforcing contracts (for example, how much easier or harder to start a business with the founders of the women).

a Change of methodology occurs annually. And in this case it is important to watch which countries we are optimistic Director General of the Agency for strategic initiatives Andrei Nikitin. “When we were 124th, was with many African colleagues, and this year we are next to Hungary and Bulgaria. Objectively correct to see which company is the country. And the company is not the worst. So I think that we progressed,” he says.

According to Nikitin, this year Russia has managed to improve indicators in the field of business registration, customs regulations. “Area of growth” for Russia’s indicators of international trade and obtaining a building permit, says Nikitin. It is obvious that Russia on these indicators should be in a higher position, he said.

last year, Russia was on the 51 th place, rising over the year by 11 lines. Then the ex-rector of the Russian economic school and the Creator of the rating of Simeon Dyankov said that without reforms Russia will be able to demonstrate “old growth”. “There are several indicators of the Doing Business and global competitiveness index from the world economic forum, which do not directly depend on the actions of the officials, but rather reflect the state of the judicial system and so on. Now on these options in Russia generally do not. And since these parameters account for about a third of all our criteria, I think the old growth in the rating of Russia will not be able to demonstrate: improvement, but not so obvious,” he said in an interview with the Russian service Bi-bi-si.

the High position of Russia in the rating Doing Business is one of the targets prescribed in the may decrees of the President from 2012. Russia needs to climb from 120th position in 2011 to 50th in 2015 and 20th in 2018.

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