Latin America is barely ahead of Africa in quality standards and conditions affecting local businesses.
As a region, Central America, is located in the second half of the list entitled ‘Doing Business 2012’.
Doing Business 2012, a report by the World Bank this year added a new area of analysis, which is the ease of obtaining an electrical connection, along with the traditional items which include: ease of starting a business, management of construction permits, registering property , getting credit, protecting investors, paying taxes, cross border trade, enforcing contracts, and insolvency resolution.
Position in 2010 Rankings: Panama 72 (62 in 2009), El Salvador 86 (80), Guatemala 101 (100), Nicaragua 117 (119), Costa Rica 125 (121), Honduras 131 (128).
With the exception of Nicaragua, which rose two places, the Doing Business 2011 ranking shows that easiness of doing business in the Central American countries has deteriorated, at least in relation to other countries.
In the Global Human Development Index 2010, Panama is ranked 54, Costa Rica 62, El Salvador 90, Honduras 106, Nicaragua and Guatemala 115 and 116 respectively.
The Central American countries, like others in Latin America, continue to improve in most variables measuring human development and the HDI Program published by the United Nations Development Program (UNDP).
A realistic look at the challenges of sustainable human development in Central America.
How is Central America doing?
A realistic look at the present and future.
The State of the Region Report is an instrument from Central America and for Central America. It purpose is to provide a follow-up to the challenges of sustainable human development in the region. It seeks to offer information and analysis the Central Americans with the objective of: