International Business
Students Name
University Affiliation
Course
Date
International Business
| Variable country
| Colombia | Egypt | Vietnam |
| Civil liberties (Score), Political rights (score), and freedom status ( F | As of 2019, the civil liberties score is 37 while the political rights score is 29 ( Freedom, 2020) | As at 2019, civil liberty stood at seven while the political right score is 14
| As of 2019, the civil liberties score is 17, while the political score is 3. |
| Country Risk-Taking (score)
| As of 2019, Colombia’s risk-taking score stood at 69.2 and 70.1 in 2020 | As of 2019, Egypt’s risk-taking score was 58.5 and 60.1 in 2020. | As of 2019, Vietnam risk-taking score was68.6 and it has improved to 69.8 in 2020 |
| Business Climate Rating | Colombia score in 2019 is 6.43 And it is ranked 49th in a business-friendly environment. | Egypt’s score in 2019 is 5.39 and ranked 66th in the business-friendly environment. | Vietnams score is 5.86, and it is ranked 59th in the business-friendly environment. |
| EF English Proficiency Index | Low proficiency EF EPI score is 48.75 and ranked position 17 out of 19 in 2020 Latin America. | Very low proficiency EF EPI score 47.11 ranked position 7 out 13 in Africa in 2020. | Low proficiency EF EPI score 51.57 and ranked Position 10 out of 25 in Asia. |
| World Bank Doing Business Indicator | Colombia’s ease of doing business was ranked 67 economies in 2019. However, this value had dropped slightly from 65 in 2018. | Egypt Ease of doing business was ranked 114 out of the 188 economies in 2019 This represents an improvement from position 120 in 2018. | Vietnam’s ease of doing business was ranked 70 out of 190 economies in the comfort of doing the business. Contrary, the value fell from position 69 in 2018. |
My country of choice is Vietnam.
Here are my justifications:
After a thorough economic analysis of the above data, Vietnam is the choice because of the average civil liberty score (17), slightly better than other Asian countries and Egypt. Secondly, it’s business climate rating of 59 out of 190 makes it I deal for the investment. Vietnam’s risk-taking score is promising good business survival. Their English proficiency is better than good; therefore, communication is guaranteed.
Reference
EF EPI 2019 – EF English proficiency index. (n.d.). EF Education First – Global Site (English). https://www.ef.com/wwen/epi/
(2020, February 27). Freedom House. https://freedomhouse.org/
(n.d.). World Bank. https://www.doingbusiness.org/