TAILIEUCHUNG - Doing Business 2013: Chile Makes Progress, but there are Pending Issues

As Michael Crichton states: “The physician as lifestyle expert, as well as wellness advisor, has already begun to appear. And increasingly, as medicine develops predictive procedures and genetic profiles, the doctor will be able to use technology as a preventive rather than a curative measure to administer tests. For example, tailor preventive measures for individual patients with the same specificity with which he or she now dispenses medications for disease.” This is the key, the missing link. Until now, physicians have lacked the implementation of this information, at least in a manner where they could prescribe with confidence. After 22 years of. | Public Issues Nr 1 086 November 2nd 2012 ISSN 0717-1528 Doing Business 2013 Chile Makes Progress but there are Pending Issues In the current report our country ranks 37 out of 185 countries leading in Latin America and the Caribbean and advancing two positions in the total ranking. In terms of scores we observe a slight drop in trading across borders and resolving insolvency . Chile points in the right direction and the government has tried to create a favorable environment for undertaking businesses but it is necessary to streamline certain bills that wait in the Congress. The report of the World Bank and the International Finance Corporation IFC Doing Business 2013 Smarter Regulations for Small and Medium-Size Enterprises was recently published highlighting the developing countries for significantly improving regulations for doing business Chile included. This report measures the ease for doing business by assessing the regulations applied to the firms during their life cycle based specifically on 10 indicators starting a business dealing with construction permits getting electricity registering property getting credit protecting investors paying taxes trading across borders enforcing contracts and resolving insolvency. In particular our country ranked 37 out of 185 countries leading in Latin America and the Caribbean and advancing two positions in the total ranking from 2012 to 2013. In terms of scores we had a slight drop in relation to the previous year with points this time versus the maximum of obtained in 2012 from a total of 100. This slight drop is explained by the score in trading across borders and resolving insolvency which could not completely compensate for the better scores in the indicators starting a business dealing with construction permits and paying taxes . Table 1 shows the specific progress of each indicator. Public Issues Nr 1 086 November 2nd 2012 Table 1 SCORES AND RANKING OF CHILE IN DOING BUSINESS .

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