The competition between countries to attract new investors and businesses to their shores is likely to become increasingly cut throat in 2011 as recessionary concerns continue to dog the global economy. The plight of Ireland and the concerns over Greece, Portugal and Spain have forced bond rates higher and raised concerns across the EU about the long term viability of the Euro.
During the last financial year countries around the world have tried to improve their business regulations to encourage entrepreneurship and to send a signal out that their country is the place to do business. Over the past five years, about 85 percent of the world’s economies have made it easier for local entrepreneurs to operate within their boundaries.
