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Cato Podcast

Doing Business 2008

Cato Podcast

Cato Institute

Cato, Peace, Policy, Politics, Markets, Defense, Government, News, News Commentary, 424708, Immigration, Libertarian

4.5979 Ratings

🗓️ 19 November 2007

⏱️ 8 minutes

🧾️ Download transcript

Summary


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Transcript

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0:00.0

This is the Cato Daily Podcast for Monday, November 19th, 2007. I'm Caleb Brown.

0:09.4

Where in the world is it easiest to start, operate, profit from and even close a business

0:15.1

and which nations are working to improve their business climates.

0:18.6

The World Bank tracks such data.

0:20.9

Simeon Jengov is lead author of the World Bank's Doing Business 2008.

0:27.0

The purpose of doing business is to inform and inspire reforms in improving these of doing business around the world.

0:38.0

So it's focused on reformers, not so much on researchers.

0:42.0

There have been some rapid movements. reformers, not so much on researchers.

0:42.6

There have been some rapid movements in both directions among nations who are really

0:47.7

striving to liberalize their economies for the sake of, especially the poor.

0:53.0

There have also been some backwards moving economies,

0:58.0

especially for the sake of the poor.

1:00.0

Can you describe some of the nations that have moved rapidly one direction or another?

1:05.1

On the positive side, many of the reformers, the biggest reformers have been from transition economy, Central in Eastern Europe, former Soviet Union,

1:15.0

Georgia over the last three years,

1:17.0

has been the fastest reformer jumping about 130 places

1:21.0

between 2003 and 2007.

1:27.0

Some other countries like Slovakia in Central and Eastern Europe

1:30.0

have been very positive.

1:32.0

But the other countries in Latin America, this has been actually some

1:36.6

of the small Central American countries like Guatemala, El Salvador, have been very positive. the Middle East, it's Egypt.

1:45.0

On the other side, on the negative reform, so to speak, or making it more difficult for businesses.

...

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