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Country Risk Analysis - CRA is a business environment measure, that can be used as a tool to determine whether a country has conducive
Country Risk Analysis - CRA is a business environment measure, that can be used as a tool to determine whether a country has conducive business environment for attracting foreign direct investment (FDI). 1. Choose five countries from the following continents (Africa, Asia, South America). Make Sure the countries you choose have similar GDP/GNI size. 2. You may use the following listed countries or you may make your own groups of countries. As the factors could have specific role in the evaluation of the environment of the country, you may weigh the factors differently. For example, if you were going to consider Syria for business analysis in 2022, you may assign the following points (political factor= 2X5, per/capita income = 4, cultural factor= 5, environmental factor = 1; financial factor = 3. Hence, the total weighed score for Syria will be (10+4+5+1+3)= 23. 3. Ranking of countries will be based on the assumption the higher the total weighed number, the worse the country for investment will be and vice-versa. However, it is important that you justify why you assign those figures for each category. Your decision should be based on research and group consensus. For example, as Syria is in Middle East, you may benchmark Syria's the business environment with that of Saud Arabia; likewise, Kenya is in East Africa, therefore, it will make sense to compare its business environment with East African countries. 4. Use, World Bank Economic Indicators to evaluate countries' business environment. You may also use, IMF's annual report, etc. Google could be a good source, UTD's library for sure is.
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