What is more appealing in a country
Answers
Answer:
This is indeed what we ask the mid- and upper-level executives who receive our questionnaire around this time each year. You can imagine…The executives who decide to respond must reflect on what makes their economy attractive as a destination for capital, talent, as well as ideas.
To impose some structure to this daunting question, we provide fifteen different indicators and ask the executives to select the five most important. Subsequently, we rank them by the percentage of responses per indicator from the highest to the lowest. In this way, we can map what the executives perceive as the key attractiveness factors of their economy.
In this edition of the Criterion of the Month I will attempt to classify the information we receive in relation to the ranking of a country. We will observe that, even though each country is unique, there are trends that are related to the level of competitiveness.
Figure 1 provides a visual representation for all 63 economies. In the vertical axis we have the percentage of respondents who select a specific indicator as one of the five choices. The horizontal axis captures the competitiveness of the countries from the lowest to the highest position.