Red Tape - Impediments to Business [297]





One of the biggest roadblocks to economic growth and poverty reduction is excessive business regulation. Among the 155 economies measured in 2005/2006, it is easiest to do business in New Zealand and most difficult in the Democratic Republic of Congo.
On the globe, the top 25 performers in terms of the ease of doing business have no β€œred tape.” Countries ranked 26 through 50 are marked by one line of red tape, those ranked 51 through 80 have two lines, and those ranked 81 through 145 have three. The bottom 10 countries are covered in red lines – with the exception of Laos, these countries are all in Africa. Countries not measured in the report are marked by a black line.