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November 2, 2017

Accounting networks contribute to World Bank’s Doing Business 2017

by Federica Tedeschi

The World Bank Group has released the 2017 edition of its flagship publication Doing Business which counts among its global contributors, the Big Four, BDO, Grant Thornton and Russel Bedford International.

The report, which measured 190 economies worldwide, documented 283 business reforms between June 2015 and June 2016. Doing Business 2017 presented both quantitative indicators on business regulations affecting 11 areas of trade and the protection of property rights that can be compared across 190 economies.

The 10 top improvers which implemented regulatory reforms to make it easier to do business in 2015/16 were: Brunei, Darussalam, Kazakhastan, Kenya, Belarus, Indonesia, Serbia, Georgia, Pakistan, the United Arab Emirates and Bahrain.

Overall, Central Asia and Europe continued to be the region with the highest share of economies implementing at least one business regulatory reform. The Doing Business project’s goal is to promote more efficient and egalitarian regulations and this year it has published gender components for the first time.

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