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Article: EE and CA region leads the world in business regulatory reform.
- Article from:
- UzReport
- Article date:
- September 10, 2009
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TASHKENT, September 10 (UzReport.com): In a record year for regulatory reform worldwide, Eastern Europe and Central Asia led all regions in the pace of reforms. Doing Business 2010: Reforming through Difficult Times finds that 26 of 27 economies in the region reformed regulations to create more opportunity for domestic firms.
Globally, a record 131 of the 183 economies surveyed reformed business regulations between June 2008 and May 2009, according to the report, the seventh in a series of annual reports published by IFC and the World Bank.
The region was the most active worldwide in reforming insolvency regimes and easing access to credit. Six economies ...