Answer to Question #236701 in Management for Feruza

Question

No developed country made it to the list of top entrepreneurial countries. The top five are Uganda, Thailand, Brazil, Cameroon, and Vietnam. Do you believe Uzbekistan supports entrepreneurship? Explain your argument.

Answer 1

Uzbekistan is one of the easiest countries in which to establish a business. According to the World Bank's "Ease of Doing Business 2019" report, it is the eighth easiest country in the world to start a business. One of the most important issues facing Uzbekistan now is implementing a consistent high rate of national economic growth, attracting regional investments, and maximizing population entrepreneurial activity. One of the prerequisites for attaining these objectives is the creation of a favorable investment climate.