Singapore comes top on ease of doing business


When it comes to evaluating the results of this year’s World Bank Doing Business report, the devil is in the detail – says The Entrepreneurs Network director Philip Salter.

As the World Bank’s Kaushik Basu notes in his foreword:

The laws that determine how easily a business can be started and closed, the efficiency with which contracts are enforced, the rules of administration pertaining to a variety of activities—such as getting permits for electricity and doing the paperwork for exports and imports—are all examples of the nuts and bolts that are rarely visible and in the limelight but play a critical role.

Find out more about which countries have shot up the rankings, and why, in Philip’s most recent Forbes column.