In 2003, the World Bank launched an effort to collect and report data on how easy it is for companies to do business in (nearly) every country in the world. It is now updated annually. The World Bank’s objective is to encourage countries to engage in reforms to improve their rankings in the index.
You can view the “Doing Business” Index, available at: http://www.doingbusiness.org/
Look through the website’s Frequently Asked Questions to better understand the Measurement and Ranking processes, and poke around the website to generally understand what data are available.
Then, take a look at the rankings and find the three countries you were assigned to track this semester (United States, Georgia, and Tanzania). Search for and take a look at the snapshot of their economies (choose Economy Snapshot). Then, click on the tab labeled, “Business Reforms.”
Assignment: In the wake of the COVID-19 pandemic, many manufacturing firms are questioning whether they want to place all of their operations in a small number of locations (often, China). Make a recommendation for which of the three countries would be the topmost contender for an investment by a US company wanting to diversify its overseas manufacturing locations away from China. (Feel free to select a particular industry for this fictional company if it makes your task easier.) For the other two countries, make at least one tangible recommendation for how they can improve their business environment, based on what you learned in the Doing Business rankings.
Submit this here as an assignment–in one page.