Quality of regulations in Finland is one of the highest in the world
Singapore, Hong Kong, and Finland achieved the top three spots in The Milken Institute’s Global Opportunity Index which provides policy makers and investors vital information on policies that can best attract foreign direct investment, expand economies and accelerate job creation.
The index is also a guide for countries seeking to improve their business environments and attract investors who commit long-term capital, rather than move it around as a fleeting portfolio tactic.
The index ranks 136 countries across four broad categories: economic fundamentals, ease of doing business, quality of regulation, and rule of law. Finland scored outstanding 9.30 in the quality of regulations. In the overall ranking Finland placed as number three, outperformed by Singapore and Hong Kong.
Finland’s score in the five sub categories of Global Opportunity Index.
“The Milken Institute’s Global Opportunity Index is both descriptive and prescriptive,” says Institute Economist Heather Wickramarachi, co-author of the report. “The higher the country scores in the index, the greater the inflow of foreign direct investment. With the pending normalization of monetary policy by developed countries, it will be more important than ever that developing countries are attractive places for investment. We hope our Global Opportunity Index helps both countries and companies understand the most productive policies and investment opportunities.”
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