The Economist states: "The East is undoubtedly rising but its new day has barely begun." Excellent graphical representation of regional growth comparisons.
Showing posts with label gdp growth. Show all posts
Showing posts with label gdp growth. Show all posts
Tuesday, March 2, 2010
Friday, October 16, 2009
Ease of Doing Business and GDP growth
I previously wrote about the World Bank's "Doing Business" here. Their new report is out, the overview can be downloaded directly here. The Economist sites a study that is important to note:
"... in poor countries, a ten-day reduction in the time it takes to start a business can lead to an increase of 0.4 percentage points in GDP growth. Another shows that people who have a formal title to their property invest as much as 47% more in their businesses."
"... in poor countries, a ten-day reduction in the time it takes to start a business can lead to an increase of 0.4 percentage points in GDP growth. Another shows that people who have a formal title to their property invest as much as 47% more in their businesses."
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