In the World Bank’s annual ranking of bureaucracy-busting economies, Georgia ranks 6th, instead of 9th as it was in Doing Business 2018 .It’s now easier to do business in the former Soviet republic of Georgia than in Britain or America.

Georgia hopped over the U.K. and the U.S. to claim 6th position. Along with New Zealand, Georgia requires just one procedure to start a business, the least worldwide. Gains by Georgia and Norway pushed the U.K. down two places to 9th.

 

Source: Bloomberg

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