Carnival Business Links Volume 1 Issue 2 April 2015
The Forbes Best Countries for Business Report (2014) resulted in Denmark on top with the United Kingdom and the United States unable to find a place in the top ten. They were ranked 13th and 18th, respectively. Jamaica led the countries in the Caribbean at 64 out of 146 countries. Trinidad and Tobago was ranked 71 and Barbados 73.
The report is compiled based on 11 factors: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance. Each factor was equally weighted. The data was sourced from published reports of Freedom House, Heritage Foundation, Property Rights Alliance, Transparency International, World Bank and World Economic Forum.