Best countries for business: Hungary in the lead again in terms of monetary freedom

Even Brexit could not dethrone the United Kingdom, leading the Forbes list of investment-friendly countries in the last few years. Their secret is innovation, excellent labour market and the absence of bureaucracy. Hungary became the best again in only one subcategory; most of the countries in the region are ahead of us.

Forbes has been publishing its Best Countries for Business list annually for 13 years now. They ranked 161 countries in accordance with the following criteria: ownership, the degree of innovation, the tax system, corruption, development of technology and infrastructure, political risks, size of the market, living standards, degree of freedom (personal, trading and monetary), the labor market, bureaucracy and the protection of investors.

The journal took into consideration the report of The World Bank when they ranked the tax system, bureaucracy and the protection of investors. Regarding taxes, Hong Kong is the number one, Venezuela is the last, while the UK is only on the 37^th place. Kazakhstan is the best protector of investors while bureaucracy is the most bearable in New-Zealand; Venezuela remained the last in this measure as well as concerning monetary freedom.