By  on September 16, 2009

GENEVA — In the midst of the global financial crisis, rich and emerging nations implemented a record number of regulatory reforms in a bid to slash costs and enhance the business setting of their economies, according to a new World Bank report.

The World Bank’s “Doing Business 2010: Reforming Through Difficult Times” report reveals 131 economies reformed business regulations in 2008-09 out of 183 covered by the study.

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