A World Bank Group report released this week is giving Poland high marks for regulatory reforms that have made it easier for businesses to launch and operate there.

The report, Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises, ranks 189 economies based on an analysis of regulations affecting start-ups, ongoing operations, cross-border trading, paying taxes, and insolvency resolution. The report ranked Poland 45th of 189 economies, an improvement of 3 spots from last year and 29 spots in the last two years.