Online published on 27 February, 2017.
Asia is the centre of gravity for global investorsand has huge potential of growth and development. Asia is progressing towards transformation. ‗Asia 2050: Realizing the Asian Century‘ report proposes that Asia would account for greater than half of global Gross Domestic Product (GDP) by 2050. The heterogeneous region of Asia includes some of the world‘s largest economies such as India, China, Indonesia, Japan, Republic of Korea, Thailand and Malaysia which would be major contributors in shaping the new economic environment of Asia. Seven economies of the world are going to cover the global marketplace. To enhance the potential of growth, complete transformation in the area of doing business is equally important and it cannot be ignored in any circumstances. Global investors will be a part of economic development only if they feel secure and ease in doing business transactions and policies are investor friendly. This research paper examines the parameters affecting the ‗Ease of Doing Business Index‘ with special reference to business indicators of ‗starting a business‘. Researcher has done comparative analysis of economic environment of seven emerging economies. Finally, it shows the relationship between GNI and ease of doing business and also analyzes correlation between Ease of Starting a New Business and Doing Business 2016 Rank
Asian economy, Ease of doing Business, starting a new business, emerging economies, business indicators
