Singapore keeps its top spot in the Economist Intelligence Unit's (EIU) world's most business-friendly locations, staying ahead of second-placed Switzerland and third-placed Hong Kong. Ireland gets a 15th ranking.
Asia's other top locations are Australia (in 5th place), New Zealand (8th), Taiwan (14th) and Malaysia (19th).
In Europe Sweden is at (6th), Finland (9th), Denmark (10th), Norway (11th) and Germany (12th).
The USA is at (7th) and the UK is at (22nd).
The EIU survey measures the quality of the business environment in 82 locations across the world.
The business rankings model examines ten separate
criteria or categories, covering the political environment, the macroeconomic
environment, market opportunities, policy towards free enterprise and
competition, policy towards foreign investment, foreign trade and exchange
controls, taxes, financing, the labour market and infrastructure. Each category
contains a number of indicators that are assessed by the Economist Intelligence
Unit for the last five years and the next five years. The number of indicators
in each category varies from five (foreign trade and exchange regimes) to 16
(infrastructure), and there are 91 indicators in total. Each of the 91
indicators is scored on a scale from 1 (very bad for business) to 5 (very good
2014 Business Environment Rankings [free download after short registration}
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