Full form of EoDB is Ease of Doing Business

Ease of Doing Business (EoDB) is a key metric used to evaluate the regulatory environment in which businesses operate. It assesses how conducive a country's regulations and policies are to starting and running a business efficiently and effectively. The concept is critical for governments and investors as it highlights areas that require reform to improve economic growth and competitiveness. Factors such as the complexity of starting a business, obtaining necessary permits, access to credit, and protection for minority investors are typically considered in this evaluation. EoDB is often used by policymakers to guide economic policy and by investors to assess the business potential in a particular region.