Reformers Club 2009: Stimulating growth in difficult times

For the third year running, the Doing Business team has celebrated the top Doing Business reformers from around the world. The Reformers Club this year includes the following countries: Azerbaijan, Albania, Kyrgyz Republic, Belarus, Senegal, Burkina Faso, Botswana, Colombia, Dominican Republic, and Egypt. Representatives of each country received awards at a ceremony held this Wednesday in Vienna.

While Doing Business reforms are a key part of the development agenda in normal times, the tough global macroeconomic environment has made them all that much more important. Colombian Vice Minister Ricardo Duarte explains why after accepting Colombia's award in the video below. Money quote: "In these difficult times, we are convinced that firms are the engine of our economy. They are the ones that create wealth, that create growth."