Dominican Republic is ranked 10th in Latin Business Index 2007
FROM LATIN BUSINESS CHRONICLE
MIAMI.- Chile cements its position as the best country in Latin America to do business in, according to the second annual Latin Business Index from Latin Business Chronicle.
Mexico, Latin America's second-largest economy, came in second. However, Uruguay replaced Costa Rica as Latin America's third-best country to do business in. Haiti again ranked at the bottom, followed by Bolivia. Haiti's score of 13.40 points was three times lower than Chile's score of 41.19 points.
Measured by trade groups, Mercosur fared best, with an average score of 27.89 points, followed by CAFTA at 23.08 points and the Andean Community last at 22.78 points. However, all trade groups lag Chile, Mexico (32.71 points) and Panama (29.16 points).
If ALBA - the political-economic alliance headed by Venezuela - is also included, it comes in last. ALBA consists of Bolivia, Cuba, Nicaragua and Venezuela. As reliable information from Cuba is difficult to obtain, it is not included in the Latin Business Index. But the average of Bolivia, Nicaragua and Venezuela is 21.46 points.
The complete report, including the ranking, is available to media upon request.
Link to story: www.latinbusinesschronicle.com/app/article.aspx?id=1194