13 Dec 2015
by Jim Rose
in development economics, economics of bureaucracy, energy economics, environmental economics, global warming, growth disasters, growth miracles
Tags: climate aid, climate alarmists, extreme poverty, global poverty, green rent seeking, overseas aid, overseas development assistance, World Bank
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11 Jul 2015
by Jim Rose
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, industrial organisation, law and economics, politics - USA, property rights
Tags: British economy Doing Business, France, Germany, World Bank
Figure 1: Starting a business rankings, USA, UK, Germany and France – World Bank Doing Business rankings, 2014
Source: Doing Business – Measuring Business Regulations – World Bank Group.
I have no idea why you have to pledge one third of German per capita income to start a business in Germany. It takes about a week and a half a dozen procedures to start a business in the other countries.
In New Zealand, you can start a business within the hour by registering for GST and registering your company online.
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10 Jul 2015
by Jim Rose
in applied welfare economics, economics of bureaucracy, economics of regulation, law and economics, politics - USA, property rights, Public Choice
Tags: Canada, doing business, rule of law, World Bank
Figure 1: Doing Business in the USA, Canada, World Bank rankings, 2014
Source: Doing Business – Measuring Business Regulations – World Bank Group.
It’s easier to do business in the USA and Canada because of the difficulties with construction permits and getting electricity and few more problems with enforcing contracts and registering property. It is easy to open a business in Canada.
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10 Jul 2015
by Jim Rose
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, industrial organisation, law and economics, property rights
Tags: British economy, doing business, France, Germany, World Bank
Figure 1: World Bank Doing Business rankings, France, Germany and the UK, 2014
Source: Doing Business – Measuring Business Regulations – World Bank Group.
Some things are decidedly harder to do in Germany and France than for businesses in the UK. On the other hand, it is surprisingly hard to register property in all three countries including the UK after 700 years of the blessings of the British common law.
Paying taxes in Germany and France are far harder than in the UK. Don’t have anything to do with construction permits in France unless you must. It is surprisingly hard to get the electricity on in the UK and France.
The European Union must have some benefits when it comes to trading across the borders of all three countries. Only problem is in Germany where it is very difficult to start a business in the first place. Why is for a later posting.
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09 Jul 2015
by Jim Rose
in applied price theory, applied welfare economics, comparative institutional analysis, economics of regulation, industrial organisation, law and economics, politics - Australia, politics - New Zealand, politics - USA, property rights
Tags: British economy, doing business, France, Germany, Italy, World Bank
Figure 1: Starting a business rankings – World Bank Doing Business rankings, OECD countries, 2014
Source: Doing Business – Measuring Business Regulations – World Bank Group.
There is surprising wide range in the World Bank Doing Business ranking of the difficulty and delays in starting a business across the OECD.
Germany is ranked 114 from the world for starting a business. New Zealand is ranked first with the USA, Italy and the UK ranked in the mid 40s in the Doing Business database.
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29 Jun 2015
by Jim Rose
in economics of bureaucracy, economics of crime, economics of regulation, industrial organisation, labour economics, law and economics, property rights, Public Choice, rentseeking
Tags: cost of doing business, Euroland, Greece, Russia, sovereign defaults, transitional economies, World Bank
Figure 1: Greek and Russian Doing Business sub-rankings, 2015
Source: World Bank Doing Business 2015.
As long as you’re not in a construction or export business, and don’t mind waiting for your electricity, it’s better to do business in Russia than in Greece! The main difference between Russia and Greece is its membership of the European Union makes it easy to export?
In Russia, it’s easier to start a business, register property and enforce contracts than it is in Greece!
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13 Apr 2015
by Jim Rose
in comparative institutional analysis, constitutional political economy, development economics, growth disasters, growth miracles
Tags: capitalism and freedom, democracy and freedom, IMF, ODA, rule of law, UN, World Bank
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Utopia, you are standing in it! 
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