Central regions | Finance, business

Russia 40th in World Bank Doing Business rating

26 Oct '16
Russia ranks 40th among the 190 economies rated in the Doing Business 2017 index compiled by the World Bank and the International Finance Corporation, the US-Russia Business Council reported, citing the source.

Doing Business focuses on the ease of starting a business as well as taxation laws, corporate governance, the quality of judicial processes, and the flexibility of employment regulations. It does not cover macroeconomic stability, the financial system, the quality of the labor force, corruption or security.

For the second consecutive year, Russia ranks higher than the other BRICS nations with South Africa ranking 74th, China 78th, Brazil 123th and India 130th. Russia, however, dropped out of the top 10 nations in terms of economic reform implementation in the 2017 ranking. It remains among the top 10 in terms of the ease of property registration and among the top 50 in terms of business registration, access to power grid, availability of credit, and enforcement of contracts. Its positions remain low with respect to foreign trade and the quality of regulation in the construction sector.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Locations:

Tags: index (11) / doing business (1) / Doing Business 2017 (0) /

Latest News: Central regions
18 Apr '18 | Technology & innovation
17 Apr '18 | Finance, business | Retail, FMCG
13 Apr '18 | Finance, business | Technology & innovation
11 Apr '18 | Finance, business | Technology & innovation
10 Apr '18 | Finance, business | Technology & innovation
 

Feature stories

3 Apr '18
In regions most of European Russians will hardly ever...
21 Nov '17
Russian scientists have come up with what they say is...
7 Sep '17
Search (News archive - 21228)
Advertising
gcvsymposium
Advertising
Independent Software Developers Forum
Advertising
Marchmont News

Latest News

20 Apr '18
A special business incubator opened earlier this...
19 Apr '18
Scientists in Samara have come up with a new method...
18 Apr '18
Russian scientists have developed a device that can...

Most read stories from last week

18 Apr '18
Russian scientists have developed a device that can...
19 Apr '18
Scientists in Samara have come up with a new method...
20 Apr '18
A special business incubator opened earlier this...