Wednesday, May 22, 2013

What Makes a Country Tops on the List



Everyone thinks his country should be tops on the list, but in truth, not every country even makes the list of the top international business countries. Depending on the reviewer, certain features of the country's political, social, economic and business climate are considered. These include:
·         Political stability or instability: If the government is in flux, or in danger of collapse, the business situation is precarious. Having a stable government with reliable leadership provides a solid base for businesses to grow and prosper.
·         Human rights: Those who evaluate socioeconomic elements to determine what are the top international business countries examine the condition of human rights and freedoms with the country, paying particular attention to the right to free expression. Shareholders and investors need to feel confident that they can speak out, and companies must also feel they can communicate information freely should the need arise.
·         Corruption: Obviously, a nation relatively free from corruption fosters a business climate of trust rather than deception.
·         Low inflation
·         Strong technology infrastructure
·         Encouragement and resources for entrepreneurs
·         Well educated workforce

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