Since 2004 Doing Business has been tracking regulatory reforms aimed at improving the ease of doing business. Despite the challenges presented by the financial crisis, the number of reforms hit a record level this year. Between June 2008 and May 2009, 287 reforms were recorded in 131 economies, 20% more than the year before. Reformers focused on making it easier to start and operate a business, strengthening property rights and improving the efficiency of commercial dispute resolution and bankruptcy procedures.
The publication ‘Doing Business’ is a must to read by export credit professionals. It provides useful benchmarks concerning the business conditions and regulatory reforms in emerging markets. It is interesting to note that the ‘ease of doing business’ and ‘getting credit’ do not necessarily go hand in hand as the chart below suggests. Source: World Bank Group: Read more highlights…
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