3 ms·
Your comment is somewhat misleading. On that list, Nepal is ranked 123rd in ease of doing business, and 87th in starting a business.
by sbierwagen 16y ago
Your comment is somewhat misleading. On that list, Nepal is ranked 123rd in ease of doing business, and 87th in starting a business.
- hga 16y agoThese are rankings compared to other nations, the scale is not linear. I made the comparisons to other well known nations to put its rankings into perspective. I don't know about ease of doing business, but the topic covered in the item, starting a business, shows that 87th doesn't seem to be all that bad. Part of their methodology (http://www.doingbusiness.org/MethodologySurveys/StartingBusiness.aspx http://www.doingbusiness.org/MethodologySurveys/StartingBusi...) includes per capita income; overall Nepal is poor enough that that alone is probably dragging it down somewhat.
- sbierwagen 16y agoOf course it's not linear, it's a ranking. I made no claims as to objective truth, after all, the list is compiled by the World Bank, and ignores any consideration other than the cost of doing business. And to put it into additional perspective, some of Nepal's neighbors on the EODB list are the Russian Federation and Nigeria. The thrust of the article was that if you are Nepalese, starting a company in your home country is not as bad as you would expect, but the data would seem to indicate that it would be utter folly for a foreigner to do so.