Business Competitiveness in Bahrain: A Synopsis
Unbridled freedom to private business sector is a harbinger of business collapse and eventually the economic landscapes of nations. We have had ample examples very recently. Hence, suitable rules and regulations are essential in conditioning favourable business environment. The ease of doing business can be understood by the availability of a cross section of factors such as clarity of property rights, low cost of resolving disputes, predictability of economic policies and situation, protection to investments, impartial redressal mechanism, the freedom and low cost retrenchment policy and exit, ease of resource mobilisation etc. This report reviews two annual reports on Doing Business pertaining to Kingdom of Bahrain vis-a-vis major counterparts in the Middle East and other noted economies.
|Date of creation:||Sep 2009|
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