Today, the World
Bank published the "Doing Business 2016" report, which evaluates the
performance of 189 economies with regard to ease for doing business. In this
edition, Mexico moved four places in the overall ranking, going from position
42 to 38 in the last year.
Mexico is ranked as
the country with the highest position in Latin America, surpassing Chile (48),
Peru (50), Colombia (54), Costa Rica (58), Brazil (116) and Argentina (121).
Mexico also outperformed the economies from large emerging markets of the G20,
including China (84), Turkey (55), South Africa (73) and Russia (51), and
several countries from the EU, such as Belgium (43) Italy (45) and Luxembourg
(61). Moreover, the economy number one in the ranking was Singapore, followed
by New Zealand, Denmark, South Korea and Hong Kong.
highlights reforms undertaken in the country which they were fundamental in
strengthening the ease of doing business. In particular, it is noted that the
indicator on the ease of obtaining credit improved through modifications in
offering security interests (Commercial Miscellany). Other measures relating to
financial reform approved in 2014, particularly the modernization of the
mechanisms for resolving companies that go bankrupt, are also recognized. In
addition, the Report notes that the ease of tax payment improved as a result of
the elimination of the special flat tax (IETU, by its initials in Spanish).
The Doing Business
report is composed of 10 indicators that assess the laws and regulations of
federal and local governments that affect the business environment,
particularly in small and medium-sized enterprises. The analysis is done from
The report has
undergone a process of significant adjustments to its methodology. In this
latest edition, incorporated indices concerning regulatory quality in
indicators such as obtaining building permits, obtaining electricity,
registering property and enforcing contracts, in addition to adjustments to the
methodology of the indicator of cross-border trade.