Best countries for business - 2014

American Forbes published the ninth annual ranking of the best countries for doing business. In 2014, the list was headed by Denmark, the Top 3 includes Hong Kong and New Zealand. Last year's leader - Ireland - was on the 4th place this year.

Russia in the latest ranking of preserved 91 th place, being in the neighborhood of El Salvador and Madagascar (in the past, the country has improved its result immediately at 14 positions). At the last place in the list for the third year in a row - Guinea. The world's largest economy showed a different result. USA in 2014 took 18 th place ranking, worsening the result by 4 positions. Japan took 26th place (28th in 2013), China has lost three positions, once on the 97th place. Germany, the fourth economy in the world, occupies 20th place in the background of the 24th last year. France showed the worst dynamics among the countries included in the top 50 list: the 27th place in 2014 (19th place in 2013).

Forbes analyzed at the rankings of 146 countries on 11 different factors: the protection of property rights, innovation, taxes, technology, corruption, the level of personal freedoms of citizens, the state level of intervention in the economy, the protection of investments and the state of the stock market. Data were collected on the basis of the World Bank study, the World Economic Forum, Freedom House, Heritage Foundation, Property Rights Alliance, Transparency International.

1. Denmark

Best countries for business - 2014

of GDP for the year: $ 324 billion

Position in rating criterion of taxation 12

Position in the ranking by the level of innovation 11

Position in the ranking of the monetary policy: 25

Position in the ranking of state intervention in the economy: 23

Danish economy in recent years has faced problems with the other EU countries. On the government last week cut its forecast for economic growth for 2014 and 2015 against the backdrop of weakening export demand in the EU. Despite the economic difficulties, the business climate is very effective in the country. For each of 11 criteria, assessed the Forbes, Denmark was in the top 25 list. According to the level of personal freedom, technology and the level of anti-corruption the country is among the five leaders of the list.

2. Hong Kong

Best countries for business - 2014

Position in the ranking of tax criteria: 4

Position in the ranking by the level of innovation: 26

Position in the ranking of the Monetary Policy 9

Position in the ranking of state intervention in the economy: 8

Despite street protests in the streets of Hong Kong in the fall of 2014, China's autonomy is still one of the best places in the world for business. During the year, Hong Kong has risen from third to second place. Last year, the unemployment rate amounted to 3, 1%, GDP grew by 2, 9%. Autonomy was in the top five countries in terms of investor protection, freedom of trade, taxation and the degree of state intervention in the economy.

3. New Zealand

Best countries for business - 2014

of GDP for the year: $ 181 billion

Position in rating criterion of taxation 21

Position in the ranking by the level of innovation: 23

Position in the ranking of the Monetary Policy 2

Position in the ranking of state intervention in the economy: 1

From the global financial crisis, the economy emerged in late 2009. Economic growth was at the level of 2-3% in 2010-2013. Nevertheless, the key sectors of the economy remain dependent on external demand. The government plans to do infrastructure and increase the productivity of the economy.

4. Ireland

Best countries for business - 2014

of GDP for the year: $ 221 billion

Position in rating criterion of taxation: 6

Position in the ranking by the level of innovation: 20

Position in the ranking of the Monetary Policy 11

Position in the ranking of state intervention in the economy: 19C 2011 Ireland demonstirovala slow growth, and in 2013 was able to reduce the budget deficit to 7, 2% of GDP. Late last year, Ireland formally withdrew from the EU-IMF financial assistance program through policies aimed at reducing the budget deficit, and success in the refinancing of bank debt.

5. Sweden

Best countries for business - 2014

of GDP for the year: $ 552 billion

Position in rating criterion of taxation: 31

Position in the ranking by the level of innovation: 7

Position in the ranking of the Monetary Policy 8

Position in the ranking of state intervention in the economy: 29

In 2013, economic growth in Sweden slowed down as a result of problems in the European Union - the main export market for the country.

6. Canada

Best countries for business - 2014

of GDP for the year: $ 1, 825 trillion

Position in rating criterion of taxation: 9

Position in the ranking by the level of innovation: 22

Position in the ranking of the monetary policy: 70

Position in the ranking of state intervention in the economy 2

7. Norway

Best countries for business - 2014

of GDP for the year: $ 516 billion

Position in rating criterion of taxation 14

Position in the ranking by the level of innovation: 15

Position in the ranking of the monetary policy: 48

Position in the ranking of state intervention in the economy: 22

On fears reducing oil and gas production in Norway decided to preserve revenue from the commodity sector in the world's largest sovereign investment fund, which in January 2014 was estimated at $ 830 billion. Income Fund are used to finance budget expenditures. After steady growth of GDP in 2004-2007, the economy slowed down in 2008, and in 2009 went into the negative. In 2010-2013-ies of the country again showed economic growth. The government of the country is possible to stably maintain a budget surplus.

8. Singapore

Best countries for business - 2014

of GDP for the year: $ 296 billion

Position in rating criterion of taxation: 5

Position in the ranking by the level of innovation 9

Position in the ranking of the monetary policy: 13

Position in the ranking of state intervention in the economy: 6Cingapur in recent years has attracted major investments in pharmaceuticals and medical technology. In the coming years economic growth will be due to an increase in production efficiency. Singapore in the near future will continue to strengthen the position of the largest financial and technological hub in Southeast Asia.

9. Switzerland

Best countries for business - 2014

of GDP for the year: $ 646 billion

Position in rating criterion of taxation 17

Position in the ranking by the level of innovation: 2

Position in the ranking of the Monetary Policy 3

Position in the ranking of state intervention in the economy: 58

To Switzerland is now under pressure from neighboring countries, the European Union and the United States, international institutions, which require it to amend national legislation on banking secrecy. The government recently agreed to meet the requirements of the OECD in the field of administrative intervention in tax matters, including in relation to tax evasion. Government revised double taxation agreements with several countries, including the United States, to comply with OECD standards. The country is now considering the introduction of taxation in respect of bank deposits held by foreign citizens.

10. Finland

Best countries for business - 2014

of GDP for the year: $ 260 billion

Position in rating criterion of taxation: 20

Position in the ranking by the level of innovation: 1

Position in the ranking of the monetary policy: 41

Position in the ranking of state intervention in the economy: 25

Finland in recent years has been one of the best performing EU economies. Banks and financial markets of the country could be relatively painless to survive the effects of global economic crisis. The recession has affected the level of public debt and the budget of the country that has gone into deficit. The Government of Finland has taken measures in time, so as not to go beyond the EU requirements for the deficit of the national budget, as a result the country was able to maintain AAA credit rating. The main challenge facing Finland - to stimulate economic growth on the background of weakening demand for exports within the European Union and budgetary restraint measures introduced by the government.

91. Russia

Best countries for business - 2014

of GDP for the year: $ 2, 113 trillion

Position in rating criterion of taxation: 44

Position in the ranking by the level of innovation: 63

Position in the ranking of the Monetary Policy: 117

Position in the ranking of state intervention in the economy: 30

At the end of 2013 Ministry of Economic Development has reduced the average growth forecast for the country's economy by 2030 year to 2, 5% per year. In 2014, against the background of Ukrainian crisis, the prospects for economic growth in Russia became even dimmer, GDP growth may be reduced to zero.