The most advanced research that measures “investor protection” is being conducted by Simeon Djankov and his colleagues at the World Bank’s investment climate department. In the bank’s “Doing Business in 2006” report, Hong Kong ties for third among the 145 countries included in the “investor protection index”. Only New Zealand and Singapore earned higher scores.
Steve H. Hanke,
Professor of Applied Economics,
The Johns Hopkins University,
Baltimore, MD 21218, US