{"id":203661,"date":"2018-10-31T19:06:54","date_gmt":"2018-10-31T22:06:54","guid":{"rendered":"https:\/\/anba.com.br\/?p=203661"},"modified":"2018-11-01T19:59:07","modified_gmt":"2018-11-01T22:59:07","slug":"brazil-and-arabs-climb-in-ranking-on-ease-of-doing-business","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazil-and-arabs-climb-in-ranking-on-ease-of-doing-business\/","title":{"rendered":"Brazil and Arabs climb in ranking on ease of doing business"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 Brazil and the Arab countries improved their position in the ranking on the ease of doing business of the World Bank (<a href=\"http:\/\/www.worldbank.org\/\" target=\"_blank\" rel=\"noopener\">IBRD<\/a>). The organization released this Wednesday (31) the report <a href=\"http:\/\/www.doingbusiness.org\/\" target=\"_blank\" rel=\"noopener\">Doing Business 2019<\/a>, which gauged 190 economies.<\/p>\n<p>Brazil went from the 125<sup>th<\/sup> position in 2018\u2019s ranking to the 109<sup>th<\/sup> this year. According to the World Bank, Brazil was the country that approved the highest number of reforms in Latin America between last year\u2019s report and the current one. \u201cBrazil led the reform agenda, with four reforms, a record in a single year for the country,\u201d it says in a statement.<\/p>\n<p>The survey assessed changes in the cities of S\u00e3o Paulo and Rio de Janeiro, Brazil\u2019s two largest cities, and found that the establishing of online systems for company registration, licensing and job notification made the time to start a business drop from 82 to 20 days.<\/p>\n<p>Improvements also occurred in the areas of credit access, international trade and power supply quality, the latter item specifically regarding S\u00e3o Paulo.<\/p>\n<p>Latin America and the Caribbean countries approved 25 reforms last year to improve the ease of doing business to small and medium-size companies. Mexico is the best-place Latin American country in the ranking at the 54<sup>th<\/sup> position.<\/p>\n<p>\u201cIt is encouraging to see the steady implementation of reforms in Latin America and the Caribbean, although many economies could benefit from an acceleration in the pace of the reform agenda,\u201d said Santiago Croci Downes, Program Manager of the Doing Business Unit, in the statement.<\/p>\n<p><strong>Arabs <\/strong><\/p>\n<p>According to the IBRD, in the Middle East and North Africa, the number of reforms \u2013 43 \u2013 was a record. The highlight is the United Arab Emirates <em>(in the picture, the Abu Dhabi-based holding company Masdar)<\/em>, which, for the first time, was placed among the world\u2019s top 20 economies in the 11<sup>th<\/sup> position. In 2018, the UAE came in at the 21<sup>st<\/sup> position.<\/p>\n<p>The UAE eliminated tariffs on the connection of industrial and trade ventures to the power grid, and improved the online registration of businesses, the credit access and the transparency in real estate registration.<\/p>\n<p>Another highlight among Arab nations was Djibouti, which came in among the top 10 economies with the highest number of reforms in the period. The country passed six reforms.<\/p>\n<p>Meanwhile, Egypt approved five reforms and improved its position in the ranking from 128<sup>th<\/sup> to 120<sup>th<\/sup>. It was the highest number of reforms passed by the country in over a decade. The country adopted a type of streamlined service for starting a business, improved corporate transparency, improved credit access, simplified tax payments and facilitated the procedures for delinquency issues.<\/p>\n<p>Jordan, Morocco, Saudi Arabia and Tunisia approved four reforms each. \u201cThe significant acceleration in the pace of reforms in the Middle East and North Africa is an encouraging demonstration of countries\u2019 commitment to nurture entrepreneurship and enable private enterprise,\u201d said Downes in the statement.<\/p>\n<p>According to the World Bank, 128 economies, out of 314, passed reforms in the last year, a record number. The ranking\u2019s top 10 are New Zealand, Singapore, Denmark, Hong Kong, South Korea, Georgia, Norway, United States, United Kingdom and Macedonia.<\/p>\n<p>\u201cThe private sector is key to creating sustainable economic growth and ending poverty around the world,\u201d said World Bank Group President Jim Yong Kim, in the statement.<\/p>\n<p><strong>Translated by S\u00e9rgio Kakitani <\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-203656\">Press Release<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The World Bank released a report this Wednesday. Brazil went from 125th to the 109th position. The UAE is among the top 20 countries for the first time.<\/p>\n","protected":false},"author":2316,"featured_media":203656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[421,232,5870,35082,5867,4275,3524,1989,5871,228,2223],"class_list":{"0":"post-203661","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-egypt","9":"tag-brazil","10":"tag-djibouti","11":"tag-djibuti-en","12":"tag-doing-business","13":"tag-entrepreneurship","14":"tag-ibrd","15":"tag-reforms","16":"tag-small-companies","17":"tag-uae","18":"tag-world-bank"},"wps_subtitle":"The World Bank released a report this Wednesday. Brazil went from 125th to the 109th position. The UAE is among the top 20 countries for the first time.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=203661"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/203661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/203656"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=203661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=203661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=203661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}