Denmark remains top of the Economist Intelligence Unit’s 2008 Business Environment Rankings; Ireland drops to 11th rank
Apr 24th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Denmark will be the best place in the world to conduct business over the next five years, according to the Economist Intelligence Unit's latest business environment rankings. Denmark retains its top ranking during 2008-12, having reached this position for the first time in 2005. This reflects the country's strength in all ten categories analysed by the Economist Intelligence Unit, but three attributes in particular make it stand out: the pro-business policies of successive governments; a host of structural reforms that have increased labour market flexibility; and a fiscal policy that has targeted surpluses without compromising the quality of public services.