The Ease of Doing Business index is a complete BS.
Western countries in their majority should not be far away from countries they scorn as "third world" for how hard it is to run a business.
If you calculate costs purely on paper, running a factory in South China is already more expensive than in USA. It was so for quite some time.
You do not see Chinese factory moving to US in droves, despite some early optimism.
Chinese entrepreneurs saw for themselves that behind attractive land, utility, services, and some times labour costs, hides an impassible bog.
The Ease of Doing Business index is a complete BS.
Western countries in their majority should not be far away from countries they scorn as "third world" for how hard it is to run a business.
If you calculate costs purely on paper, running a factory in South China is already more expensive than in USA. It was so for quite some time.
You do not see Chinese factory moving to US in droves, despite some early optimism.
Chinese entrepreneurs saw for themselves that behind attractive land, utility, services, and some times labour costs, hides an impassible bog.