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EDC
Luncheon
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Singapore ranks first in ease of doing business, while it ranks ninth in ease of starting a new business. Australia, which ranks ninth in the ease of doing business ranks first in the ease of starting a business. The United States is ranked third in ease of doing business, fourth in ease of starting a business, is tied for first in the ease of employing workers, but is ranked seventy sixth relative to tax burden. The Economic Development Council, in cooperation with the Illinois Global Partnership and the United States Council on International Business, has invited Simeon Djankov, Chief Economist, Private Sector and Finance at the World Bank, to discuss the annual Doing Business Report and the role it plays in economic development and job creation throughout the world. The above comments are from the Doing Business Report 2008, which covers the period from April 2006 through June 2007. The Doing Business Report is prepared by the World Bank and its private sector arm, the International Finance Corporation. It ranks countries based on ten indicators of business regulation measuring the time and cost it takes to start and run a business, including rules governing trade, taxation and business closure. The report provides objective measures of business regulations and their enforcement across 178 countries and selected cities at the subnational and regional level. It is a guide for evaluating regulations that directly impact economic growth, a source for downloading underlying laws, making cross-country comparisons, and identifying good practice reforms. Simeon Djankov is the creator of the Doing Business series. In his dozen years at the World Bank, he has worked on regional trade agreements in North Africa, enterprise restructuring and privatization in transition economies, corporate governance in East Asia, and regulatory reforms around the world. Simeon was a principal author of the World Development Report 2002. He holds a PhD in economics from the University of Michigan at Ann Arbor and has published over 70 articles in a variety of academic and finance journals. The luncheon is at noon, at The Tower Club, 39th floor, 20 North Wacker Drive, Chicago. The cost of the lunch and program is $35 for EDC members, $50 for non-members, and there is no charge for EDC Corporate and Sustaining members. Reservations are mandatory. To register online, prepay by clicking one of the links below. Lunch presentation:
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