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Question: Institutional distance analysis (economic freedom). According to a table of data below, discuss your observation. Situation is Inter Parfums has manufacturing in China, but
Question: Institutional distance analysis (economic freedom). According to a table of data below, discuss your observation.
Situation is Inter Parfums has manufacturing in China, but the firm's CEO does not want to depend on China anymore
Year 2020 | US | China | Vietnam | Mexico |
Voice and Accountability | 72.95 | 4.83 | 11.59 | 44.93 |
Political Stability and Absence of Violence/Terrorism | 48.11 | 35.85 | 45.28 | 16.98 |
Government Effectiveness | 87.02 | 72.12 | 62.02 | 43.27 |
Regulatory Quality | 87.5 | 44.23 | 43.27 | 51.44 |
Rule of Law | 88.94 | 52.4 | 48.56 | 28.37 |
Control of Corruption | 82.69 | 54.33 | 42.79 | 19.71 |
Infrastructure Quality (0-100 best) | 87.9 | 77.9 | 65.9 | 72.4 |
GDP per capita (USD) | 69,277 | 12,562 | 10,062 | 3,718 |
Infrastructure Investment | 1.6 | 6.1 | 6.3 | 1.5 |
Infrastructure Gap | 0.6 | 0.4 | 1.2 | 1.3 |
Education Rank | 1 | 24 | 64 | 36 |
Financial Development Index | 0.91 | 0.67 | 0.39 | 0.47 |
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