Doing Business in a More Transparent World
By Diana Ungureanu/ Chisinau / Moldova. ORG/ -- Because we are at the end of the year, here we have an extensive and well-done report – “Doing Business 2012: Doing Business in a More Transparent World”. Here you can find some data about the business activity in different countries, large investigations about where is more favorable to do business, about its productivity at different levels.
“This year’s report ranks economies on the basis of 10 areas of regulation—for 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 (formerly closing a business)”, says Janamitra Devan, the Vice President and Head of Network Financial & Private Sector Development.” Through its indicators, Doing Business has tracked changes to business regulation around the world, recording more than 1,750 improvements since 2004.”
So, what did this report notice? It ascertained that in Korea is a better business regulation and it is improved the competitiveness, Mexico has an unleashing regulatory reform at the local level, Macedonia passes major changes spurred by regional integration and other interesting facts about business.
Of course, there are some countries that astonished with their results for this year. For example, Azerbaijan is a country of the worst results in different areas of regulation: it slipped places at Trading across Borders, Starting a Business and had the worse rank from all the countries from Southern Caucasus.
Also, you can see, according to this report, that Singapore, China (especially Hong Kong) and New Zeeland are the countries where you can easy do business.
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