The Good Governance for International Business index focuses on the relationship between governance and business and investment across Asia Pacific by evaluating and ranking 18 countries according to six criteria: Rule of Law, Openness to International Trade & Business, Taxation, Corruption, Public Sector Quality & Effectiveness, and Fiscal & Monetary Administration.
The index draws upon the expert assessment of V&P Senior Counselors working across Asia Pacific, data gathered from a survey of business and investment leaders across the region, and from international sources including the World Economic Forum’s Global Competitiveness Report, the World Bank’s Doing Business and Worldwide Governance Indicators, the Heritage Foundation’s Index of Economic Freedom and Transparency International’s Corruption Perceptions Index.
“The Good Governance for International Business index provides a timely and useful resource for business leaders and governments alike. International business is increasingly interested in emerging economies across Asia, and there has been a clear effort by governments to improve governance for international business in order to attract investment. This index sheds light on this dynamic and diverse region.”