Thursday, September 27, 2007
What irony! When it comes to cutting government red tape and creating a probusiness atmosphere, communist-ruled China, Vietnam and former Soviet Bloc countries in Eastern Europe are moving much faster than most of Latin America. A new World Bank report -- Doing Business 2008 -- which looks at the ease of doing business in 178 countries around the world, says that countries such as Croatia, Georgia, Estonia, China, India and Egypt were the most aggressive last year in making it easier for entrepreneurs to open a company or fire underperforming workers. Read the details here, and let us know what you think.