According to the management consulting firm Grant Thornton, Finland is the second best place in the world to run a business.
The Grant Thornton Global Dynamism Index (GDI) 2012 ranks 50 of the world’s largest economies across 22 indicators of economic dynamism, examining five key areas: business operating environment; economics and growth; science and technology; labor and human capital; and the financing environment. This year’s survey looks at the progress each economy has made over the past 12 months, and indicates of the strength of each economy as a place for dynamic businesses to flourish.
Singapore tops the Grant Thornton list followed by Finland, Sweden, Israel and Austria. Regionally, the Nordic nations rank as the most dynamic globally.