“Highlights from Doing Business 2008: As countries reform their business regulation, more businesses are starting up. Eastern Europe has witnessed a boom in new business entry that rivals the rapid growth in East Asia in the past. Large emerging markets such as India, China, Egypt, Turkey, and Indonesia, are reforming fast and investors are taking notice. This year Egypt is the top reforming country worldwide, while Singapore is #1 on the ease of doing business for the second consecutive year.”
Press release: “Thanks to reforms of business regulation, more businesses are starting up, finds Doing Business 2008the fifth in an annual report series issued by the World Bank and IFC. Countries in Eastern Europe and the former Soviet Union reformed the most in 2006/07along with a large group of emerging markets, including China and India. This year Egypt tops the list of reformers that are making it easier to do business. Egypt greatly improved its position in the global rankings on the ease of doing business, with reforms in five of the 10 areas studied by the report. And for the second year running, Singapore tops the aggregate rankings on the ease of doing business.”
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