The Doing Business Report 2013

Businesses in Southeast Europe are finding it easier to operate as governments cut red tape, a new World Bank report concludes.

The Doing Business report analyzes regulations that apply to businesses during their life cycles, including start-ups and operations, trading across borders, paying taxes, and protecting investors.

The aggregate ease of doing business rankings are based on 10 indicators and cover 185 economies.

Macedonia ranks 23 out of 185 countries listed in the report for the ease of doing business, followed by Montenegro in 51st place, Croatia in 84th place, Albania in 85th place, Serbia in 86th place and Kosovo* in 98th place. Bosnia and Herzegovina is in 126th place.

The Doing Business report 2013 holds new information to inspire policy makers and researchers. One finding is that Poland improved the most in the Doing Business measures in 2011/12, while Singapore maintains its top spot in the overall ranking. Another finding is that European economies in fiscal distress are making efforts to improve the business climate, and this is beginning to be reflected in the indicators tracked by Doing Business, with Greece being among the 10 economies that improved the most in the Doing Business measures in the past year. Part of the solution to high debt is the recovery of economic growth, and there is broad recognition that creating a friendlier environment for entrepreneurs is central to this goal. But perhaps the most exciting finding is that of a steady march from 2003 to 2012 toward better business regulation across the wide range of economies included. With a handful of exceptions, every economy covered by Doing Business has narrowed the gap in business regulatory practice with the top global performance in the areas measured by the indicators.

Source: Doing Business Report 2013

Document type
  • Report
Language

English

Publication Year

2012

Country
United States of America
Geographical focus
  • International; Other
  • Western Balkans
Scientifc field / Thematic focus
  • Cross-thematic/Interdisciplinary
Attachments

Entry created by Danaja Lorencic on October 29, 2012
Modified on October 30, 2012