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– says Global ReportThe 2009 to 2010 Global Competitiveness report has found that the most problematic factor for doing business in Guyana is the tax rate which ranks 118 out of the 133 countries surveyed.This was followed closely by crime and corruption.The other factors identified in the latest report include poor work ethics in public service, access to financing, inadequately educated workforce,Omar Vizquel Jersey, tax regulations,Los Angeles Angels of Anaheim Ben Revere Jersey, and inefficient government bureaucracy among others.Guyana did generally perform better in the latest report ranking 104 out of 133 countries in the annual report released by the World Economic Forum.Last year,Santiago Casilla Jersey, the country had placed 115 out of 134 countries while in the 2007-2008 report it recorded a ranking of 126 out of 131.The local banking system has been credited among some of the best in the world ranking 46 out of the 133 countries surveyed.On the issue of the public’s trust in local politicians, favoritism of decisions of government officials, the independence of the judiciary and the reliability of police services,Matt Holliday Jersey, the country scored relatively poor.On the second pillar of competitiveness, namely infrastructure Guyana ranked 92.The quality of port and air transport infrastructure as well as electricity supply also did not fare well in the report.The best ranking Guyana received was on expenditure on education where the country placed third among the 133 countries.The GCI listing is based on individual countries’ performance which is measured using 12 pillars as well as looking at the impact on business related issues such as crime, corruption, taxation, bureaucracy,Oakland Athletics Santiago Casilla Jersey, inflation and stability among others.The top ten ranked countries according to the report are Switzerland, the United States of America,Milwaukee Brewers Neftali Feliz Jersey, Singapore,Jhoulys Chacin Jersey, Sweden, Denmark,Minnesota Twins Jason Castro Jersey, Finland, Germany, Japan,Trevor Plouffe Jersey, Canada and the Netherlands.