NewsWhore
09-07-2006, 03:20 PM
A report by the World Bank and the International Financial Corporation ranks the Dominican Republic in 117th position out of 175 nations, based on the quality of the facilities offered for doing business. In a previous report the DR was ranked 114th. "Doing Business 2007" is the name of the report in which the country is below four of the five Central American nations and fellow signatories of DR-CAFTA. The report pinpoints some 213 specific reforms in over 100 economies. It explores when and how it is most effective for governments to streamline their business regulations.
The Dominican Republic was ranked 117th for ease of doing business, 119th for starting a business, 77th for dealing with licenses, 127th for employing workers, 126th for registering property, 33rd for getting credit, 135th for protecting investors, 146th for paying taxes, 55th for trading across borders, 108th for enforcing contracts and 142nd for closing a business. The country only shows improvements in the areas of getting credit and enforcing contracts from 2005 to 2006. For more details on how the Dominican Republic fared in the ranking, see http://www.doingbusiness.org/ExploreEconomies/?economyid=59
More... (http://www.dr1.com/index.html#8)
The Dominican Republic was ranked 117th for ease of doing business, 119th for starting a business, 77th for dealing with licenses, 127th for employing workers, 126th for registering property, 33rd for getting credit, 135th for protecting investors, 146th for paying taxes, 55th for trading across borders, 108th for enforcing contracts and 142nd for closing a business. The country only shows improvements in the areas of getting credit and enforcing contracts from 2005 to 2006. For more details on how the Dominican Republic fared in the ranking, see http://www.doingbusiness.org/ExploreEconomies/?economyid=59
More... (http://www.dr1.com/index.html#8)