The Czech Republic has placed 41st on the World Bank’s Ease of Doing Business ranking for 2019. New Zealand topped the list, followed by Singapore and Hong Kong.
A country’s performance is judged on a variety of factors, and a higher ranking indicates better, usually simpler, regulations for businesses and stronger protections of property rights.
The Czech Republic excelled in conditions for foreign trade but did poorly as concerns excessive bureaucracy in starting a business and in gaining a construction permit where it placed 134th and 157th respectively.
Forgotten Czech net bag makes a comeback
Iconic Czech brands that survived competition from the West after the fall of communism
Czechs and Germans in 1930s Czechoslovakia: a complex picture
Škoda unveils 4th-generation Octavia ahead of model’s 60th anniversary
Unions: Strike Wednesday will hit most Czech schools