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October 29, 2019: A World Bank study of government regulations found
that there are five countries around the world where it’s easier to
do business than the United States: New Zealand, Singapore, Hong Kong,
Denmark, and South Korea.[1]
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The study based their ratings on a dozen factors such as the ease of
starting a business and employing workers to enforcing contracts and
trading across borders. The sixth-place ranking of the United States
this year is a slight improvement over its eighth-place finish a year
ago.[2]
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Interestingly, despite all the concerns expressed by many about
Brexit, the United Kingdom is rated as number 8 on the list this year.
That’s better than some major EU countries such as Germany (22) and
France (32).[1]
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_Scott Rasmussen is an editor-at-large for Ballotpedia, the
Encyclopedia of American Politics. He is a senior fellow for the study
of self-governance at the King’s College in New York. His most
recent book, Politics Has Failed: America Will Not
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was published by the Sutherland Institute in August 2018._
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