Denmark tops Forbes "Best Countries for Business 2009" ranking, Danish Ministry of Climate and Energy
Release Date: 2009-03-27
For the fourth time, Forbes Magazine has rolled out its annual Best Countries for Business ranking. And for the second straight year Denmark has taken the No.1 spot
For the fourth time, Forbes Magazine has rolled out its annual Best Countries for Business ranking. And for the second straight year Denmark has taken the No.1 spot, Forbes reports on its website.
All three Scandinavian countries feature in the Top 10 for 2009. The list reads: Denmark (1), USA (2), Canada (3), Singapore (4), New Zealand (5), United Kingdom (6), Sweden (7), Australia (8), Hong Kong (9) and Norway (10).
The 2009 ranking looks at business conditions in 127 economies, not to see who has the highest GDP or lowest unemployment but as Forbes puts it, "to quantify for entrepreneurs and investors the often-qualified information about dynamic economies and what they would consider desirable conditions for business".
Forbes' Best Countries for Business ranking recognises the importance of personal freedoms ("it's hard to start a company or find talented employees under totalitarian regimes and military juntas"), and includes measures to quantify this such as free and fair elections, as well as legal protection for investors, levels of corruption, stock market performance, intellectual property rights, promotion of free trade, levels of inflation and taxation on income and investment.
| Type: | NORMAL |
| Company: | Danish Ministry of Climate and Energy |
| Country: | Denmark |
| Url: | http://www.denmark.dk/en/servicemenu/news/businessnews/denmarktopsforbesbestcountriesforbusiness2009ranking.htm |