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CEOWORLD magazine - Latest - Education and Career - World’s Top 20 Most Business-Friendly Economies For 2016

Education and Career

World’s Top 20 Most Business-Friendly Economies For 2016

In a time of economic uncertainty, Singapore, as expected, kept its position as the most business-friendly place in the world, according to a World Bank’s 2016 report. That’s consistency.

New Zealand ranked second in the world for ease of doing business. Interestingly, amongst the emerging economies, India made the biggest progress by jumping up 12 places to 130th.

The top ten economies with the most business-friendly environments: Singapore headed the top ten, followed by New Zealand, Denmark, South Korea, Hong Kong, United Kingdom, the United States, Sweden, Norway, and Finland.

There is a global spread to the top 10, with 3 Asian economies, 5 European countries and the United States all featuring.

The Doing Business report is the World Bank’s most downloaded publication and can influence investment decisions, ranks economies based on 11 indicators, including the ease of starting a business, dealing with construction permits, getting credit and trading across borders.

World's Top 20 Most Business-Friendly Economies For 2016

World’s Top 20 Most Business-Friendly Economies For 2016

1. Singapore 87.34
2. New Zealand 86.79
3. Denmark 84.40
4. South Korea 83.88
5. Hong Kong 83.67
6. United Kingdom 82.46
7. United States 82.15
8. Sweden 81.72
9. Norway 81.61
10. Finland 81.05
11. Taiwan 80.55
12. Macedonia 80.18
13. Australia 80.08
14. Canada 80.07
15. Germany 79.87
16. Estonia 79.49
17. Ireland 79.15
18. Malaysia 79.13
19. Iceland 78.93
20. Lithuania 78.88

 


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CEOWORLD magazine - Latest - Education and Career - World’s Top 20 Most Business-Friendly Economies For 2016
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.