The World Bank has released its latest
Ease of Doing Business 2019 rankings - an annual report that ranks
countries on business-friendliness, procedural ease, regulatory
architecture and absence of bureaucratic red tape.
Highlights:
- 4 of the 10 top improvers—Afghanistan, Djibouti, Côte d’Ivoire
and Togo—are countries suffering from fragility, conflict and violence
- One-third
of all business regulatory reforms were in the economies of Sub-Saharan
Africa—a total of 107 reforms and a record for the region
- 2 countries from Eastern Europe and Central Asia made the top 10: FYR Macedonia in 10th and Georgia, edging up two spots to 6th
- Brazil recorded the largest score improvement in Latin America and the Caribbean, reforming in four areas.
- United Arab Emirates entered the top 20 in 11th place.
- China, one of this year’s top 10 improvers, advanced more than 30 spots to 46th place in the global rankings.
- India became South Asia’s top-ranked economy, advancing 23 spots to 77th place in the global ranking.
