Peru and Chile improve most, while Brazil remains a laggard in ease of doing business.
BY CHRONICLE STAFF
Mexico has replaced Colombia as the Latin American leader in The World Bank’s Doing Business survey.
The survey of 183 economies worldwide looks at nine main factors for doing business, including starting and closing a business, dealing with construction permits, registering a property, getting credit, protecting investors, paying taxes, trading across borders and enforcing contracts.
Mexico moved up six places in the global ranking, to 35. “The region’s top-ranked economy, Mexico launched an online one-stop shop for initiating business registration, improved construction permitting, and increased options for online payment of taxes,” The Word Bank said in a statement.
Globally, Mexico jumped 23 spots in the category of opening a business – from 90th place to 67th place. It also jumped in the categories of dealing with construction permits (up 13 places to 22nd place) and trading across borders (up 11 places to 58 place).
Meanwhile, Peru improved business regulation the most in the region, moving up 10 places in the global ranking on the overall ease of doing business, to 36. Peru was ...
Keywords: Brazil, Chile, Colombia, Panama, Venezuela