Author Topic: US ranks behind Rwanda, Belarus, Azerbaijan in ease of creating new business  (Read 5983 times)

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Offline Chris_

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US ranks behind Rwanda, Belarus, Azerbaijan in ease of creating new business

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.
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Who needs business?  We'll just let the state run everything.
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Offline JohnnyReb

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Who needs business?  We'll just let the state run everything.
...and then you have to hire DUmmies from the DUmmie pool.
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Offline obumazombie

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Fox News

Who needs business?  We'll just let the state run everything.
All those in favor of centralized planning vote on a ballot with one candidate option for each respective office.
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Offline willcross

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Who needs business?  We'll just let the state run everything.

Did you actually look at the study in question? "Ease in creating a new business" is only one subcategory.  Yes America placed below those countries in that subcategory.  In Rwanda it only takes 2 days to start a business,  in America it takes 5 days. Big deal.

The main point of the study is "Ease of doing business". America ranks 4th in the world, which is pretty great actually.

“My center is giving way, my right is retreating. Situation excellent. I am attacking.”

Offline NHSparky

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Did you actually look at the study in question? "Ease in creating a new business" is only one subcategory.  Yes America placed below those countries in that subcategory.  In Rwanda it only takes 2 days to start a business,  in America it takes 5 days. Big deal.

The main point of the study is "Ease of doing business". America ranks 4th in the world, which is pretty great actually.



Haven't run one lately, have ya?
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Offline willcross

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Haven't run one lately, have ya?

Just saying, Fox presented this as a study showing how bad American business is, when the study is actually about how easy it is to do business in America compared to other countries.  But hey,  why let facts get in the way of a good story?
“My center is giving way, my right is retreating. Situation excellent. I am attacking.”

Offline obumazombie

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Just saying, Fox presented this as a study showing how bad American business is, when the study is actually about how easy it is to do business in America compared to other countries.  But hey,  why let facts get in the way of a good story?
Who are you ?
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Offline willcross

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“My center is giving way, my right is retreating. Situation excellent. I am attacking.”

Offline obumazombie

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My name is Inigo Montoya.
That might be your name, but, who are you ?
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Offline willcross

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That might be your name, but, who are you ?

I'm a big wheel down at the cracker factory.
“My center is giving way, my right is retreating. Situation excellent. I am attacking.”

Offline willcross

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That might be your name, but, who are you ?

Also I'm a hardcore libertarian.
“My center is giving way, my right is retreating. Situation excellent. I am attacking.”

Offline obumazombie

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Also I'm a hardcore libertarian.
That remains to be seen. Your start on this forum was not a good one in that direction.
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Offline Dori

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In Rwanda it only takes 2 days to start a business,  in America it takes 5 days. Big deal.

The main point of the study is "Ease of doing business". America ranks 4th in the world, which is pretty great actually.

It's not easy to start a business or conduct business in America. A lot depends on the kind of business you want to start.  What products or services will you offer?  There are a lot of laws and regulations surrounding what you want to do.  You have to get permissions from local, county, state and federal organizations.  It also doesn't matter how inexperienced you are either, because there are no excuses for not knowing.





 
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Offline willcross

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It's not easy to start a business or conduct business in America. A lot depends on the kind of business you want to start.  What products or services will you offer?  There are a lot of laws and regulations surrounding what you want to do.  You have to get permissions from local, county, state and federal organizations.  It also doesn't matter how inexperienced you are either, because there are no excuses for not knowing.





 

That's fine, I'm not here to say that it's easy or hard to do business in America. I'm only here to say that if you actually google the study in the OP you can read it in it's entirety. The conclusion the study comes to and the conclusion the article comes to are very different. That's my only point whatsoever.
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Offline willcross

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That remains to be seen. Your start on this forum was not a good one in that direction.

So far on this forum I've posted nothing that was in conflict with my libertarian beliefs. I simply explained the findings of a certain study. I didn't say I agreed with it. I simply said I have the ability to google and to read.

I gave a one liner about evolution. And I stated that it was a good thing to pull out of Iraq. None of that goes against my Libertarian beliefs.
“My center is giving way, my right is retreating. Situation excellent. I am attacking.”

Offline Lacarnut

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Did you actually look at the study in question? "Ease in creating a new business" is only one subcategory.  Yes America placed below those countries in that subcategory.  In Rwanda it only takes 2 days to start a business,  in America it takes 5 days. Big deal.

The main point of the study is "Ease of doing business". America ranks 4th in the world, which is pretty great actually.



Obama and liberal Democrats are hell bent on creating an anti-business atmosphere. Betcha that was not the case 20 years ago. However, the US is still the number one place that foreigners want to immigrate to. Therefore, this piece of so called journalism is about as informative as p!ss on a hot rock.