New Firm Creation
New data from the World Bank Group entrepreneurship snapshots show that new businesses are created at a faster rate in countries with good governance, a strong legal and regulatory environment, low corporate taxes, and less red tape. The data also show that nearly all countries experienced a sharp drop in business entry during the financial crisis. The decline in new firm creation was faster and more severe in countries hit harder by the crisis.
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Language: | English |
Published: |
World Bank, Washington, DC
2010-09
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Subjects: | BARRIERS TO ENTRY, BUSINESS CREATION, BUSINESS ENTRY, BUSINESS ENVIRONMENT, BUSINESS INDICATORS, BUSINESS REGISTRATION, BUSINESS REGISTRATIONS, CAPABILITIES, COMMUNICATIONS DEVELOPMENT, CORPORATE TAX, DOMESTIC ECONOMY, ECONOMIC POWER, EXTERNAL FINANCE, FINANCIAL CRISIS, FINANCIAL DEVELOPMENT, FINANCIAL MARKETS, FINANCIAL SYSTEM, GLOBAL FINANCIAL SYSTEM, GOOD GOVERNANCE, GOVERNANCE INDICATORS, INCOME, INCOME GROUP, INCOME GROUPS, INNOVATIONS, JOB CREATION, LOW-INCOME COUNTRIES, MIDDLE-INCOME COUNTRIES, ONE-STOP SHOP, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PUBLIC POLICY, RED TAPE, REGULATORY ENVIRONMENT, RESULT, RESULTS, STARTUPS, TAX RATE, TELEPHONE, TRANSMISSION, WORLD DEVELOPMENT INDICATORS, |
Online Access: | http://documents.worldbank.org/curated/en/2010/09/13264663/new-firm-creation https://hdl.handle.net/10986/11078 |
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