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- Title
Increasing Economic Growth Through Business Start-Ups.
- Authors
Kranc, Joel
- Abstract
The article focuses on a report by the International Finance Corp. and the World Bank that investigates, ranks and charts regulations that hinder or enhance business activity. It states that an analysis of data in the report found that the most important elements of successful business operations depend on how shareholders and stakeholders are protected. It comments on procedures for starting new businesses and compares procedures in the U.S., China, Great Britain, and India. It talks about the effects of volatility with business and economic reforms. It mentions the importance of streamlined systems, strong legal protections, property rights and effective regulatory systems in business success.
- Subjects
INDUSTRIAL policy; WORLD Bank; INTERNATIONAL Finance Corp.; STAKEHOLDERS; GOVERNMENT policy on stockholders; MARKET volatility; ECONOMIC reform; PROPERTY rights; DEVELOPED countries; DEVELOPING countries
- Publication
Financial Executive, 2012, Vol 28, Issue 8, p73
- ISSN
0895-4186
- Publication type
Article