New Zealand Is World's Easiest Place to Do Business

The video discusses the changes in global business rankings, highlighting Singapore's slip from the top after a decade and New Zealand's rise to the number one spot due to its efficient business procedures and strong legal rights. The World Bank's indicators, including gender factors, are explored, showing minimal changes in the top ten rankings over the years. Macedonia's significant rise is noted, while Brunei, Indonesia, and China show notable improvements in business-friendly reforms.

Which country recently surpassed Singapore to become the top-ranked in terms of business environment?

• United States

• Canada

• New Zealand

• Australia

What is one of the key factors that contributed to New Zealand's top ranking?

• High number of business procedures

• Strong legal rights

• Difficulty in obtaining credit

• Long time to start a business

What new factor did the World Bank consider in its business environment indicators for the first time?

• Technological advancement

• Climate change

• Cultural diversity

• Gender factors

Which country made a significant leap into the top ten rankings, moving from 92nd place?

• Finland

• Macedonia

• Sweden

• Korea

What is generally associated with a better ranking in the Doing Business Report?

• Increased government intervention

• Lower levels of income inequality

• Decreased foreign investment

• Higher levels of income inequality