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)

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.


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!!



Principal, Board Governance Advisor

USA-CA-Newport Beach

 The Principal, Board Governance Advisor is responsible for supporting the Board of Directors o...

Apply now


USA-CA-Los Angeles

LA based law firm with multinational practice seeks a Patent Prosecution / IP attorney. 2+ years of ...

Apply now

Paralegal / Legal Assistant I (USAO)


Duties and Responsibilities • provide a variety of direct legal support assistance to the C...

Apply now

Associate Attorney

USA-LA-New Orleans

Greenbaum Breuer and Associates is a high-volume New Orleans, LA based firm that practices exclusive...

Apply now




Search Now

Associate Attorney


Portland office of a BCG Attorney Search Top Ranked Law Firm seeks an associate attorney with 1 year...

Apply Now

Real Estate And Commercial Litigation Attorney

USA-FL-Vero Beach

Vero Beach office of a BCG Attorney Search Top Ranked Law Firm seeks a real estate and commercial li...

Apply Now

Litigation Associate Attorney

USA-CA-San Diego

San Diego office of a BCG Attorney Search Top Ranked Law Firm seeks a litigation associate attorney ...

Apply Now


To Top