Weekly Update | November 7, 2011
Uncertainty over the regulatory environment is becoming an increasingly common complaint of U.S. business leaders — ranging from heads of small shops to executive at giant corporations — for explaining pullbacks in hiring and expansion plans.
In a recently completed “Doing Business 2012” report, the World Bank ranked 183 nations on a model based on “ease of doing business” measures.
A nation’s ranking depended on a weighted evaluation of factors such as ease of starting a business, dealing with construction permits, getting electricity, registering property, obtaining credit, protecting investors, trading across borders and enforcing contracts, among other factors.
Four Latin American nations moved up in the rankings to positions in the upper third of the array. Chile improved two spots to become the 39th easiest nation in which to do business while Colombia jumped up five positions to 42nd place. Mexico improved one level to 53rd and Panama gained two positions to 61st. Peru joined them in the top third of the 183 countries,but its 41st position in the array represented a decline of two places from that nations spot in the 2011 rankings. The remaining Latin American countries remained in the bottom half of the rankings.
A disappointment for Latin America was that the region’s dominant economy, Brazil, slumped six positions from last year to end up 126th in the “Ease of Doing Business” rankings.
Read more in the attached weekly update and ...
Happy trading this week!
Rudy
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