Political risks know no vacation. August 2011 will be remembered as a month of misery, not simply because of the politically induced crash on the stock markets during the first two weeks, but also because of the spreading sensation of angst that the industrialized world might be facing a new economic recession. Put in a…
In order to promote the economic and social development of countries, improving their business environment for private entrepreneurs is key. The World Bank’s eight annual Doing Business report, which tracks relevant regulations in 183 economies, has become influential since governments are increasingly concerned about their rank and reputation in the global commercial arena. Given this…
