5. The map at the end of the chapter shows the World Banks composite governance indicator. The...

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5. The map at the end of the chapter shows the World Bank’s composite governance indicator.

The World Bank has prepared other indicators to measure institutional differences among countries. Use the Internet to find the World Bank’s “Ease of Doing Business Map.”

(Hint: Again, use Google.) Do you notice a correlation between the ease of doing business and the overall governance indicator? Can you find countries that rank high on the Ease of Doing Business indicator but low on the governance indicator? Are these countries rich or poor? (Hint: Look up their GNI per person at the World Bank by Googling “world bank gni per capita.”)

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International Macroeconomics

ISBN: 978-1429241038

2nd Edition

Authors: Robert C. Feenstra ,Alan M. Taylor

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