Lebanon ranked 111th in the “Ease of Doing Business” 2014 report, way behind the UAE which topped the Arab World and jumped three slots this year to land at No. 23 in the world.
Here are the rankings of all the Arab countries mentioned in the report:
23- UAE
26- Saudi Arabia
46- Bahrain
47- Oman
48- Qatar
104- Kuwait
111- Lebanon
119- Jordan
128- Egypt
151- Iraq
165- Syria
What does Doing Business measure and who performs well?
Through its indicators Doing Business measures and tracks changes in the economies that have no regulations in the
area being measured or do not apply their regulations (considered “no practice” economies), penalizing them for lacking appropriate regulation.The economies ranking highest on the ease of doing business therefore are not those with no regulation but those whose
governments have managed to create a regulatory system that facilitates interactions in the marketplace and protects
important public interests without unnecessarily hindering the development of the private sector—in other words, a regulatory system with strong institutions and low transactions costs (table 1.1). These economies all have both a well-developed private sector and a reasonably efficient regulatory system that has managed to strike a sensible balance between the protections that good rules provide and the need to have a dynamic private sector
unhindered by excessively burdensome regulations.
You can download the full report [Here].
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