Caracas Chronicles

The World Bank’s “Doing Business 2013” report just came out. It measures the favorability of different countries toward business, by putting together a series of indicators such as the ease of opening a business, getting hooked up to electricity, and making cross-border shipments.

Venezuela is at the bottom of the list.

I guess that’s another thing we learned two weeks ago: Venezuelans hate private business, and want the government to increase regulations. Perhaps six years from now, we will have surpassed the Central African Republic as the worst place in the world to do business in.

Let’s hope the Minister of Efficiency makes sure we reach that milestone. The majority demands it.