Productive, innovative, competitive economies require smart and simple regulations to prosper. The U.S. Chamber of Commerce Foundation’s 2014 Regulatory Climate Index compares and ranks the efficiency of local regulations that apply to small businesses in 10 cities across America.
The Index measures the procedures, time, and costs that are required to comply with five areas of business regulation in each city. The Index should be seen as a barometer to gauge the costs of doing business in different cities across the country. Every city measured has strengths and weaknesses, and each can learn from the other in order to achieve a more prosperous economy.
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Edward Glaeser, Ph.D. Fred and Eleanor Glimp Professor of Economics, Harvard University