These series of guest posts are written by the teams attending the Tetuan Valley Startup School Fall edition. The Green team, formed by Manuel Gil and Angela Ramirez, is presenting their project, e-assistenzalegale.
Not long time ago, the 2010 Doing Business Report was published. It is highly surprising the fact that Spain, a developed country with one largest economies in the world, appears in position 62 in the “Ease of Doing Business” Ranking.
On the other hand, in the past semiannual meeting of the G7, IMF European Department Director Marek Belka stated that Spain will have economic difficulties for a long period of time (beyond 2010), if it is doesn’t make a deep restructure of its economy in terms of budget, expenses and competitiveness among other areas. However, the Spanish Government still insists that this is not totally true because the IMF didn’t understand certain aspects of the Spanish economy.
So, between the news, the studies, rankings…is all of this relevant to Spanish start ups and entrepreneurs?
Probably yes. In this tough scenario, a entrepreneur not only has to deal with its core business, but also has to tackle a wider set of legal obstacles that reduces the competitiveness and the chances to succeed. Today Spain ranks in the position #146 in the “Starting a business indicator”!!
Bad news? It depends, according to the Economist “It often takes a shock to set the reform machine in motion”. Thus, the extreme situation of unemployment that Spain is suffering (19,3%) should lead to the Spanish Government to understand that, among other areas, reducing the cost of doing business by the flexibility of the regulations, helps to higher rates of growth and entrepreneurship.





