Immigrant Entrepreneurs for Europe

By Nima Sanandaji 

If European economies could encourage immigrant entrepreneurship, the high unemployment figures among foreign born would drop. Immigrant businesses are particularly sensitive to complicated regulations and public bureaucracy, both during start-up and during management of business. They are also particularly sensitive to labour market regulations. Reducing red tape and opening up the labour market are reforms that would encourage businesses in general but specifically benefit immigrant businesses. Were such reforms to be implemented, immigrants businesses could play an important role in filling the entrepreneurial gap that exists in Europe – and indeed in making Europe come stronger from the recession.

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