Legal News

World Bank and the International Finance Corp. Rank US Ease of Starting a Business
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The World Bank Group is the largest and most famous development bank in the world. The World Bank is a family of five international organizations that make leveraged loans to poor countries. To clarify – this loan is used in structured investment instruments arranged by banks and sold usually to other institutional investors. Based in Washington, D.C, the World Bank’s mission is to reduce poverty globally. The bank provided around $30 billion in loans and assistance to “developing” and transition countries in 2012.

Starting a new business requires a number of procedures, time and cost for a small and medium-size limited liability company to start up and formally operate. According to a new study conducted by the World Bank and the International Finance Corp., the research found that the U.S. ranks behind Azerbaijan, Belarus and countries like Rwanda, in terms of the ease in which it required for a person to start up a new business. Fox News reports that these statistics were based on the joint study titled, “Doing Business 2014: Understanding Regulations for Small-and Medium-Sized Businesses.” This study revealed that New Zealand is the easiest place in the world to create a new business.

  
What
Where


The annual report was released in October. Following New Zealand in the ranks, Canada, Singapore, Australia and Hong Kong were among the top five places for an entrepreneur to start a new business. The data and analysis measures and compares regulations relevant to the life cycle of a small to medium-sized domestic business in 189 economies.

If you would like information about employment opportunities with The World Bank Group you can click here.

Image Credit: Google Images

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Attorney with 7-10 years of business litigation experience

USA-CA-Century City

Small to mid-size Century City law firm is seeking an attorney with 7 - 10 years of business litigat...

Apply Now

Project Finance and Energy Attorney with 6 years of experience

USA-IL-Chicago

Chicago office of top firm seeks class 2012 associate with energy and project finance experience.

Apply Now

Real Estate Attorney with 2-4 years of experience

USA-TX-Dallas

Respected mid-size Dallas firm is seeking a real estate attorney with 2-4 years of experience.

Apply Now

IP Patent Prosecution Agent with 2-4 years of physics experience

USA-WI-Milwaukee

Milwaukee office of our client seeks IP patent prosecution agent with 2-4 years of experience. The c...

Apply Now

RELEVANT JOBS

Legal Assistant / Paralegal

USA-TX-Houston

Our  law firm is currently seeking a qualified applicant to fill the position of a Legal Assist...

Apply now

Corporate / Commercial Attorney | Lebanon, NH

USA-NH-Lebanon

Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Business Law Junior Associate | Burlington, VT

USA-VT-Burlington

Downs Rachlin Martin seeks associate attorney with 1-3 years of experience to join its Commercial an...

Apply now

Business Law Associate | Burlington

USA-VT-Burlington

Downs Rachlin Martin is seeking an attorney with 4 to 8 years of experience to join its very busy pr...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top