Emerging Markets still have much to do to become good places to “do business”
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The World Bank’s excellent Doing Business research programme has highlighted continued improvements in the environment for doing business around the world. However, many of the economies designated as emerging markets still seem to have a long way to catch up on the developed economies…
Doing Business ranks economies based on 10 indicators of business regulation that record the time and cost to meet government requirements in starting and operating a business, trading across borders, paying taxes, and closing a business. The rankings do not reflect such areas as macroeconomic policy, security, labor skills of the population or the strength of the financial system or financial market regulations
The Doing Business website is an excellent starting point for research on all of the 180+ economies analysed. We’ve done a little analysis of the latest rankings to highlight the positions of the economies designated by the IMF as being AEMs (Advanced Emerging Economies) and SEMs (Secondary Emerging Economies). You can download our spreadsheet here:
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