Wednesday, September 06, 2006

Doing Business 2007

There are numerous reports trying to rank countries according to different criteria.

Among the most interesting and relevant ones is "Doing Business" published annually by the World Bank.

It measures the ease of doing business legally in different countries, as well as the reforms in this direction.

The top reformer in this year's report is Georgia. It has seen an impressive package of reforms aimed at easing the burdens of business and improving growth prospect.

It has been inspired in these efforts not the least by the success of Estonia.

Georgia is to be congratulated. And it follow in the footsteps of last year's top performer Serbia.

It goes without saying that these countries have some way to go before reaching the top. And the top ten countries in this year's report are Singapore, New Zealand, the United States, Canada, Hong Kong/China, the United Kingdom, Denmark, Australia, Norway and Ireland.

Two Nordic countries - Denmark and Norway - among the top ten isn't too bad. Finland and Sweden should take note.