How can a nation improve its business climate?
Reduce interest rates to make it easier for businesses to obtain new loans and expand commerce.
Also, create tax inventives for desired business that would benefit say a nation that is on a coastal waterway. Offerring a reduction in taxes paid by corporations that import and export goods and services. This attracting more business.
1 build useful infrastructures
2 decrease the rate of inflation
3 make loans more accesible to investors
4 encourage investors through savings