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PERC: RP has third worst bureaucracy in Asia 06/03/2010

Thursday, June 3, 2010

PERC: RP has third worst bureaucracy in Asia


06/03/2010

SINGAPORE – The Philippines, India and Indonesia have Asia’s most inefficient bureaucracies, with red tape a constant blight to citizens and deterrent to foreign investment, a survey yesterday showed.

Ranking 12 key countries and territories on a scale from one to 10, with 10 as the worst possible score, the business executives in the Political and Economic Risk Consultancy (PERC) survey rated India as having the region’s most inefficient bureaucracy.

India had a score of 9.41, followed by Indonesia (8.59), the Philippines (8.37), Vietnam (8.13) and China (7.93).
Malaysia was in sixth place from the bottom with a score of 6.97, followed by Taiwan (6.60), Japan (6.57), South Korea (6.13) and Thailand (5.53).

Regional financial centers Singapore and Hong Kong have the most efficient bureaucracies, with a score of 2.53 and 3.49, respectively.

PERC said 1,373 middle and senior expatriate executives took part in the survey carried out earlier this year.
Singapore was also number one and Hong Kong was in third place globally in the World Bank’s latest survey on the ease of doing business, which covered 183 economies.

Government bureaucracies in some Asian countries have become “power centers” in their own right, allowing them to effectively resist efforts toward reforms by politicians and appointed officials, the Hong Kong-based firm said.
The Philippine government “goes through the motion” of addressing problems of bureaucratic red tape “but nothing has really made a dent in the problem,” PERC noted.... MORE  

  SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20100603hed5.html


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