Not only Doing Business

The International Bank for Reconstruction and Development / The World Bank has published, on October 20, 2011, Doing Business 2012 report. It compares 183 economies regulations for domestic firms.

Following this report top 20 countries are as follows:

1. Singapore
2. Hong Kong SAR, China
3. New Zealand
4. United States
5. Denmark
6. Norway
7. United Kingdom
8. Korea, Rep.
9. Iceland
10. Ireland
11. Finland
12. Saudi Arabia
13. Canada
14. Sweden
15. Australia
16. Georgia
17. Thailand
18. Malaysia
19. Germany
20. Japan

Top 5 rank remains unchanged from previous year report. The biggest improvement (7 position up) in this group has made Korea, Rep. due to high number of reforms. But the biggest improvement was found in Morocco position 94 (21 position up in one year). In the best improver's group are also Moldova, Macedonia, FYR, São Tomé and Príncipe, Latvia, Cape Verde, Sierra Leone, Burundi, Solomon, Islands, Armenia and Colombia.

Poland is ranked as 62, lost three positions, even that two reforms were introduced (implementing electronic customs documents and bankruptcy and reorganization law).

I have combined this report and top 20 from this ranking and competitive report from World Economic Forum and following are the best:

1. Singapore
2. Hong Kong
3. United State
4. Denmark
5. United Kingdom
6. Norway
7. German
8. Japan
9. Australia
10. Canada

From this list I choose: Denmark, United Kingdom, Norway and German due to closest location to my place. Which country do you choose? Leave a comment.