The Influence of State Bureaucracy on Economic Growth 

Comparison of Legislatures - United States vs European Union 2020

 

The bureaucracy of a state or country depends beside other matters strongly on the size of the parliaments and their number of members, and thus influences the inertia of the bureaucracy. A good overview shows a comparison of legislatures (= national parliaments and congresses) and the number of population or GDPs between the USA and the countries of the E.U.  

 

Bureaucracy inhibits economic growth, in particular due to higher expenditure for regulations and regulations as well as increasing costs like compliance costs of business start-ups. The effects are very obvious and considerable. These unambiguous empirical studies alone make it clear how important strategies are for reducing bureaucracy and for better regulation.  

 

Read the Full Report at: Comparison - United States vs European Union 2020