World Bank: U.S. ranks behind Rwanda, Belarus, Azerbaijan in ease of creating new business

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    Jan 23, 2014 1:08 PM GMT
    http://washingtonexaminer.com/u.s.-ranks-behind-rwanda-belarus-azerbaijan-in-ease-of-creating-new-business-world-bank-says/article/2542639

    A new study by the World Bank and the International Finance Corp. found that the U.S. ranks well behind countries like Rwanda, Belarus and Azerbaijan in terms of how easy it is for an entrepreneur to start a new business. The U.S. did narrowly beat Uzbekistan, though.

    The rankings were included in the organizations' joint study "Doing Business 2014: Understanding Regulations for Small- and Medium-Sized Businesses." The annual report, released in October, ranks the relative ease of creating a new business in 189 countries, looking at such measures as the number of procedures required, the time spent complying with them and the cost of doing so, among other factors.

    The report found that New Zealand is the easiest place in the world to create a new business. Starting one there requires "one procedure, half a day, (and) less than 1 percent of income per capita and no paid-in minimum capital," the study noted. New Zealand was followed by Canada, Singapore, Australia and Hong Kong in the top five.
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    Jan 23, 2014 4:02 PM GMT
    And yet people still think that Austrian school economics works.
    Idiots.
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    Jan 23, 2014 4:48 PM GMT
    Aristoshark saidAnd yet people still think that Austrian school economics works.
    Idiots.


    So said the man who thinks that making it more difficult to start and run businesses will work even better. Moron. icon_rolleyes.gif
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    Jan 23, 2014 4:50 PM GMT
    riddler78 said
    Aristoshark saidAnd yet people still think that Austrian school economics works.
    Idiots.


    So said the man who thinks that making it more difficult to start and run businesses will work even better. Moron. icon_rolleyes.gif

    Yo momma so fat she use a hula hoop for a belt.
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    Jan 23, 2014 4:59 PM GMT
    woodsmen saidThe world most envied businesses are started here in the US. My home state of Washington started Boeing, UPS, Nordstrom, Microsoft, Starbucks, Amazon, and on and on.


    They have been. Doesn't mean they'll always be. The World Bank study pertains to startups.
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    Jan 23, 2014 5:04 PM GMT
    woodsmen said
    riddler78 said
    woodsmen saidThe world most envied businesses are started here in the US. My home state of Washington started Boeing, UPS, Nordstrom, Microsoft, Starbucks, Amazon, and on and on.


    They have been. Doesn't mean they'll always be. The World Bank study pertains to startups.


    I work in the Seattle start-up scene. All of the ones I mentioned were start-ups in Seattle. There are many successful start-ups in Seattle that the world never heard of because they are purchased very early by bigger companies.


    Again, they have been. And this doesn't mean that no startups will happen. The World Bank rankings reflect changing regulations year to year. And in this case reflect the fact that it is getting more difficult for American firms to start.

    That's the point.
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    Feb 16, 2014 8:46 PM GMT
    U.S. tech startups: An endangered species?

    http://www.washingtonpost.com/business/on-small-business/us-tech-startups-an-endangered-species/2014/02/11/0b2a5fa6-9333-11e3-84e1-27626c5ef5fb_story.html
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    Feb 16, 2014 9:58 PM GMT
    It's because of Republinomics. It has fucked everything up since about 1980.
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    Feb 16, 2014 10:05 PM GMT
    Aristoshark saidIt's because of Republinomics. It has fucked everything up since about 1980.


    Yep because Venezuela is doing so well economically.