What is not clear is whether Spain has the regulatory climate that will nurture the new companies the country needs to provide work for its young people. A World Bank survey last year ranked the country 136th in the world in terms of ease of starting a business, sandwiched between Brunei and the Dominican Republic. America in the early 20th century was a land of opportunity; that was why immigrants arrived and why they helped the economy to flourish. Spain needs the same spirit, so that the best and brightest of its population—born at home or abroad—can become the next generation of entrepreneurs
Posted on: Mon, 01 Jul 2013 18:21:55 +0000
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