Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


Doing Business 2010: A record in business regulation reform

The annual report of the World Bank is announcing a record level of the number of business regulation reforms in the world. Between June 2008 and May 2009, 287 reforms were recorded in 131 economies, 20% more than the year before.The good news are that "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", as one can read in the report. Eastern Europe was one of the more active regions. Here is the ranking of the 27 European countries:

Doing Business in Europe

Country

Ease of doing

business rank

United Kingdom5
Denmark6
Ireland7
Finland16
Sweden18
Belgium22
Estonia24
Germany25
Lithuania26
Latvia27
Austria28
Netherlands30
France31
Cyprus40
Slovakia42
Bulgaria 44
Hungary47
Portugal48
Slovenia53
Romania55
Spain62
Luxembourg64
Poland72
Czech Republic74
Italy78
Greece109
MaltaN.A

Source: World Bank, Doing Business 2010

(Ranking 1-183, 1= best)

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