@WorldBank is telling porky pies about #EndPoverty and fighting #ClimateChange

What Do the Newly Released Poverty Figures Show?

William Easterly on the Tyranny of Experts and the Forgotten Rights of the Poor

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Starting a business rankings in the USA, UK, Germany and France compared

Figure 1: Starting a business rankings, USA, UK, Germany and France – World Bank Doing Business rankings, 2014

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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.

Doing Business in the USA and Canada – World Bank rankings compared

Figure 1: Doing Business in the USA, Canada, World Bank rankings, 2014

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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.

Doing Business in France, Germany and the UK – World Bank rankings compared

Figure 1: World Bank Doing Business rankings, France, Germany and the UK, 2014

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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.

OECD starting a business rankings (New Zealand (1st) to Germany (114th)) – World Bank Doing Business rankings

Figure 1: Starting a business rankings – World Bank Doing Business rankings, OECD countries, 2014

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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.

Greece (61st) is ranked one above the Russia in the World Bank’s Doing Business Survey 2015

Figure 1: Greek and Russian Doing Business sub-rankings, 2015

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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!

The demographics of extreme poverty

No mention of healthier is wealthier, richer is safer

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