The past year has been good for doing business in 58 of
the 145 Doing Business sample countries. They simplified
some aspect of business regulations, strengthened property
rights or made it easier for businesses to raise financing.
Slovakia was the leading reformer: introducing
flexible working hours, easing the hiring of first-time
workers, opening a private credit registry, cutting the
time to start a business in half and, thanks to a
new collateral law, reducing the time to recover debt by
three-quarters. Colombia was the runner-up. Among the
top 10 reformers, 2 other European Union entrants—
Lithuania and Poland—significantly lightened the burden
on businesses. India made progress in improving
credit markets. Five other European...