Sunday, September 14, 2008

Where in the World to Startup?

I am not a fan of rankings — whether for web pages, business schools, or NCAA football — because any methodology that attempts objectivity is prone to bias and error. Nevertheless, the World Bank has developed an interesting set of rankings of the friendliest countries to startups and small businesses as part of their Doing Business Project, and I think it is worth a look. I am just guessing, but there must not have been a metric for the number of Russian tanks that might blow up your business, otherwise Georgia probably would not be ranked fourth in the world for starting a business.

At least the U.S. is still in the top ten for most of these rankings. Although... did the World Bank include a metric for major financial institutions going bankrupt or needing government bailouts on a weekly basis?

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