The Economist: Israeli economy is more accessible and open

Israel is ranked by “The Economist” at 23 on its list of business-friendly economies with a relatively high score of 7.8 points out of a possible 10
 
The list was published following an extensive survey carried out by the magazine which indicates that since last year the business environment in Israel’s economy has continued to improve, with a substantial reduction in bureaucracy and regulatory procedure.
 
“The Economist” emphasized that Government reforms in the capital market, banking system, labor market and the liberalization in foreign currency trade have greatly contributed for the making of Israel a friendlier country for the business community.
 
In the list of foreign-investor friendly economies Israel scored higher than the scores achieved by Malaysia, South Korea, the Czech Republic, Poland, Thailand, South Africa, Mexico, Brazil, China, Argentina, India, Russia, Pakistan and Venezuela.
 
Denmark has the most foreign-investor friendly economy with a score 9 points out of a possible 10 followed by Finland, Canada, Singapore, The Netherlands, Ireland, UK, US and Hong Kong.