10 Worst Places In The World To Start A Startup
9. Russia
FDI 2010 - $41.2 billion
GDP 2010 - $1.5 trillion
Though Russia is known to be one of the fastest growing economies in the world; it is also known to be the most difficult places to do business in. The study says that it take almost nine and half months to get electricity connection for a business. It also ranks near the bottom when it comes to the cross border trade; it takes three times more the time to export something from Russia.
