THE WORLD BANK – DOING BUSINESS IN 2009

The International Finance Corporation, the private business arm of the World Bank Group, has published the sixth in a series of annual reports. Regulations that enhance business activity are investigated by the reports. The protection of property rights can be compared across the globe from Afghanistan to Zimbabwe with the help of Doing Business.

Starting a business, dealing with construction permits, employing workers, register property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business are some of the regulations affecting 10 states of a business. As of June 1, 2008, the data in Doing Business is current.

The data set covers 181 economies, with 46 in Sub-Saharan Africa, 32 in Latin America and the Caribbean, 25 in Eastern Europe and Central Asia, 24 in East Asia and Pacific, 19 in the Middle East and North Africa, and 8 in South Asia.

Business start-up is the most popular area for reform for the fifth year in a row. Saudi Arabia was ranked first in the world in the category of ease of registration of property. Paying taxes is easy in five Gulf countries. Doing Business in the World Bank in 2009.

Several countries from the Middle East and North Africa made the top 50 in the key category of ease of doing business. Saudi Arabia, Bahrain, Israel, and the United Arab Emirates were included.

The countries of the Middle East and North Africa are ranked. For the third year in a row, Singapore is the top ranked country on the regulatory ease of doing business. The United States is third and New Zealand is a runner-up.

Doing Business in the World Bank in 2009.

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