Who are the world's best manufacturers of red tape?
October 22, 2007 6:53 AM Subscribe
The US may be the economic superpower, and China the new manufacturing powerhouse, but there is one industry in which Africa still leads the world: the manufacture of red tape.
posted by patricio (34 comments total)
The World Bank releases its 2008 Doing Business
, pdf) on the ease of, well, doing business. The USA is pushed into third by plucky New Zealand and Singapore but overall Eastern Europe has overtaken East Asia as the most business-friendly environment behind high-income OECD countries.
How does the ease of hiring and firing balance against an overly-complicated tax system? See what impact reforms would have on your country's ranking
. Methodology here
[via Tim Harford's Undercover Economist
blog at the Financial Times]