India Among Countries That Offer Business-Friendly Government Policies

4. Germany
Overall rank: 3

Ever since the age of industrialization, Germany has been a driver, innovator, and beneficiary of an ever more globalised economy. Germany is the largest national economy in Europe. The country is the  second largest exporter in the world and its exports account for more than one-third of national output.

About 14.0 percent of people feel that the country’s policies are very flexible and it is highly friendly in having a business venture. Whereas, 8.1 percent of people believe that the country is unfriendly as they feel that some policies in the country are not favorable for businessmen and have to face a lot of difficulty at times.

5. Japan
Overall rank: 5

After U.S. and China, Japan is one of the largest national economies in the world. Japan has been witnessing a consecutive growth in its GDP of about $5 trillion since 2012. Yen, the country’s currency also saw an increase by 3.3 percent.

Despite a fast economic growth, the country is considered as the most preferred for doing business. Industrial Policies was devised by the Japanese Government after World War II and especially in the 1950s and 1960s. The goal was to promote industrial development, and it cooperated closely for this purpose with private firms. Today, it has proved to be successful like many national and international companies have shown up at the major cities in Japan.

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