Author: Megan A. Lloyd
Experts say Colombia must be used for revaluation ranks as Mexico’s economy is number 35 with more easy to do business, according to Doing Business 2011, issued by the World Bank, after serving 51 years ago.
With this ascent, the country with the economy better positioned in the region, which beat Chile, a nation located in 43 this year and in 2009 was from 49.
However, in this year’s study, the World Bank held nine pillars for evaluation, not a 10 because it eliminates the “contract work” category, which means the adjustment in the index structure.
Mexico, given the nine pillars, going from 51-35 place among 183 economies.
The document itself notes that despite the progress the country is 16 places, 10 of which are described by changes in methodology and 6 by the reforms implemented by the Government.
The report noted that Mexico has made two major reforms this year, shows why progress in opening the business and more on setting permissions.
According to the document, changes made to the registration of new businesses opening of the company and the resulting escalation of job creation is greater.
“Thanks to the simplification of registration procedures for companies in Mexico, the number of registered companies increased by 5 percent, while employment increased by 2.8 percent,” the statement said.
“In addition, consumers have benefited. The competition generated by new entrants (students) has lowered prices by 0.6 percent,” he explains.
In addition, in setting permissions, Mexico ranked as the fifth country that more progress in terms of this kind by reducing paperwork and time to complete this dynamic.
Now the country is regarded as one of the steps that need to pay less taxes and less time to solve this problem.
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