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Most Improved in Doing Business 2012

Morocco improved business regulation for local entrepreneurs the most in Doing Business 2012. Eleven other economies improved the ease of doing business across several areas of regulation as measured by the report: Moldova, the former Yugoslav Republic of Macedonia, São Tomé and Príncipe, Latvia, Cape Verde, Sierra Leone, Burundi, the Solomon Islands, the Republic of Korea, Armenia, and Colombia. Two-thirds are low- or lower-middle-income economies.