Ah nevermind, I FINALLY found the methods section.
Ease of starting a buisness was done like this.
"Days starting to buisness + Cost of per capita income to start a buisness due to regulation fees + amount of money in the bank."
Canada beats the US because it takes them 5 days to start a buisness vs 6, and because they pay much less in buisness fees and in paying to comply with US laws, which will only get higher with the new healthcare law. Neither requires buisnesses to have money in the bank.
So yeah, it actually is still regulations.
http://www.doingbusiness.org/data/exploretopics/starting-a-business
To be honest i hate World Bank Studies though, or really any UNish multicountry study.
there information is always scattered over 20 pages with hard to find links, like it was 1994 and their 1-??? rankings are largely arbitrary.
Rwanda ranks up so high because you can open a buisness in 3 days! Even though it's going to cost you 4% of your income vs like... 1% in the US or .4% in canda.
Me i'll wait the extra 2 days to save 3.5% of my yearly income.
If I was weighting the study I'd do
"Fee's paid + Fee's needed to be stored in a bank" as the first rate...
then if any are still even divide it by
Fee's needed in a bank being the better of the two to be higher because you still theoretcially have that money long term.
Then days to open just as a further tie breaker.
