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]

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]

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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Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.

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