Showing posts with label statistics. Show all posts
Showing posts with label statistics. Show all posts

Wednesday, August 26, 2015

Is it ok to start my business in Bangladesh, or should I look elsewhere?


One of the most important features of a country is the fluidity of doing business, as it is business which promotes economic performance. Bangladesh as we perceive, has many extra-legal barriers to business operations, which is typically solved outside of the law. The World Bank Group maintains a Doing Business study for economies, which is an essential indicator of business performance.  For an economically aware individual, with intentions in business development, this is a great highlight of the current standings of Bangladesh in an international context.

In 2015, Bangladesh stands at 173, a 3 point drop from last year, while the Distance to Frontier (DTF), which is a comparison measure across economies at a best previous time, is at 46.8%. With 10 points of measure of doing business, “Starting a business” in