To what extent a country is prepared for the transition to knowledge-based economy, i.e. the economy that is able to efficiently stock, process and transfer knowledge, needed for a country to maintain competitiveness in today's modern world? To shed some light on this complicated question and correspondingly to help country leaders to choose strategically right directions, the World Bank developed instrument known as Knowledge Economy Index. Based on 148 indicators which serve as proxies for 4 Knowledge Economy pillars, exactly, Economic Incentive and Institutional Regime, Education and Labor, Innovation and Information & Communications Technology, this index assesses 146 countries throughout the world on their ability to compete in international innovative environment and to supply new knowledge.
GDP, Constant Prices|Agriculture and Allied|Agriculture|Industry|Mining and Quarrying|Manufacturing|Services|Database
Doing Business assesses country regulations applied to small- and medium-size enterprises across 10 major areas of doing business from the registration of new entity to the resolving insolvency. Thriving small- and medium-size enterprises are one of the major drivers behind the creation of new jobs and growth of national wealth. That is why governments should provide such enterprises with prosperous environment, i.e. the rules that guarantee low transactional costs of time and money as well as predictability of economic interaction between the stakeholders. Thus, low costs of starting a business alone does not necessarily mean efficient...
Source: ESPN CricInfo