While more Brazilians than ever are starting up new businesses, on the other side of the globe in Malaysia, the number of start-ups has hit rock bottom, shows a new survey. The south-east Asian country’s fall may say something about entrepreneurship.
The 2015 Global Entrepreneurship Monitor (GEM) survey released last week shows that the number of people starting new businesses climbed in a number of emerging economies last year (see Graph 1) including in South Africa, where it rose from seven precent to 9.2%.