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WASHINGTON, D.C., September 10, 2008
– Regulatory reforms are gaining momentum worldwide, reaching record numbers this year, finds
Doing Business 2009
—the sixth in a series of annual reports published by IFC and the World Bank. The new report identifies 239 reforms between June 2007 and June 2008 that make it easier to do business in 113 economies.
For the fifth year in a row, Eastern Europe and Central Asia led the world’s regions, with more than 90 percent of its countries making reforms. And the trend is moving eastward as newcomers join the list of economies making the most reforms. Azerbaijan is the world’s leading reformer of business regulations this year, with improvements in seven of the 10 areas studied by the report.
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