Russia entered the top 50 best places for business
23.03.2012 2637

Russia entered the top 50 best places for business

Russia has entered in the top 50 best places for business
Hong Kong Free Market Bastion and low corporate taxes is the best place to do business, according to Bloomberg's new ranking. In the first top five - Netherlands, USA, UK and Australia. Russia entered only in the top 50, and then the third from the endin front of mexico and Brazil, but after Ukraine.
When compiling the ranking, Bloomberg experts analyzed 160 countries in six criteria: degree of economic integration, taking into account membership in the world trade organization tariff level and addiction from global market (weight 10%), costs to create business (20%), labor cost and raw materials (20%), cost of transportation of products (20%), hidden costs related with level corruption, protection of property rights, inflation and taxes (20%), the state of the local consumer market, in middle size class and level GDP per capita population (10%). Bloomberg’s own calculations were used, as well as data of international organizations.
Lowest cost to create business transporting goods and minimal hidden costs at the rate Bloomberg, - in Germany. The most attractive domestic market boasts OEA. Lowest labor cost and raw materials — in the Netherlands and Montenegro.
The most authoritative rating of the business climate is the annual report of the World Bank and international Doing Business Finance Corporation. In 2011 Russia occupied in him 120-e place having risen per year by four lines. Vladimir Putin, the chosen one in March the president in the course of the election campaign promised that Russia soon time will rise in it rating on 100 steps, the newspaper "Vedomosti" writes.

Hong Kong, a bastion of free market and low corporate taxes, is the best place to do business, according to Bloomberg's new ranking. The top five are the Netherlands, the USA, ...
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