via Strategy+Business

Completely agree with the analysis in this article published on Strategy+Business.

“10 forms of government regulation that affect the various phases of a company’s life cycle: starting a business, obtaining licenses (such as construction permits), employing workers, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts, and closing a business. The fewer impediments that government places before entrepreneurs in any of these areas, and the less time it takes (for example, to stand in line) and the less money is required (for fees or bribes), the more business-friendly the country is — and the more prosperous.”

“In 2009, Singapore ranked first out of 181 countries on the list. It was followed by New Zealand, the United States, Hong Kong (China), and Denmark. The Democratic Republic of the Congo (Kinshasa) ranked last, with the Central African Republic, Guinea-Bissau, the Republic of the Congo (Brazzaville), and Burundi rounding out the bottom of the list.”

Continue Reading this on Strategy+Business…

Posted: 01|20|10 at 4:12 pm. Filed under: Economy. Pinging is currently disabled.