The World Bank’s Doing Business report for 2009 ranks countries in terms of how well their regulatory environment facilitates doing business. At the top of the list this year are: Singapore, New Zealand, United States, Hong Kong and Denmark. The report has also been tracking regulatory reforms that are supposed to make doing business easier. This year’s top reformer is Azerbaijan. Since the first Doing Business report in 2004, Eastern Europe and Asia have accounted for a third of all reforms.