Latin America: progressing at a leisurely pace

The region is neither advancing as quickly as other regions, but nor is it failing to make progress. Every year the World Bank in its annual Doing Business report assesses the relative ease of doing business in 190 global economies based on criteria such as the ease of starting a business, paying taxes, trading across borders or enforcing legal rights. Latin Trade spoke with Augusto López Claros, Director of the Global Indicators Group, which is responsible for the report, about Latin America’s recent performance in the index. López Claros points out that four economies continually stand out for their performance in the index: Mexico (47/190), Colombia (53), Peru (54) and Chile (57). “These four countries – the members of the […]