Every year the World Bank publishes a ranking of countries and the ease of doing business in that country. In 2020, Afghanistan ranked near the bottom at 178 out of 190 countries. These rankings include processes for business incorporation, getting a building permit, obtaining an electricity connection, transferring property, getting access to credit, protecting minority investors, paying taxes, engaging in international trade, enforcing contracts, and resolving insolvency Every year the World Justice Project publishes its "Rule of Law" index; in 2020, Afghanistan ranked 122 of 128 countries. These ranking include open government, regulatory enforcement, civil justice, and order and security. Rule of law captures perceptions of the extent to which people have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, and property rights, the police, and the courts. Under the heading "Business and Investment", the Embassy of Afghanistan in Washington, DC, states, "The Government of Afghanistan actively supports investment in the private sector as a means to creating a prosperous market economy in Afghanistan. Your decision to consider investing in Afghanistan is a smart one. There is no region in the world with greater untapped economic potential than Central Asia. As an area rich in human and natural resources, profitable investment opportunities abound. Discuss the following: Which of the World Bank factors do you believe are the most important to encouraging business growth in Afghanistan? Which of the World Justice Project's indexes do you believe most inhibit business growth in Afghanistan?
Every year the World Bank publishes a ranking of countries and the ease of doing business in that country. In 2020, Afghanistan ranked near the bottom at 178 out of 190 countries. These rankings include processes for business incorporation, getting a building permit, obtaining an electricity connection, transferring property, getting access to credit, protecting minority investors, paying taxes, engaging in international trade, enforcing contracts, and resolving insolvency
Every year the World Justice Project publishes its "Rule of Law" index; in 2020, Afghanistan ranked 122 of 128 countries. These ranking include open government, regulatory enforcement, civil justice, and order and security. Rule of law captures perceptions of the extent to which people have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, and property rights, the police, and the courts.
Under the heading "Business and Investment", the Embassy of Afghanistan in Washington, DC, states, "The Government of Afghanistan actively supports investment in the private sector as a means to creating a prosperous market economy in Afghanistan. Your decision to consider investing in Afghanistan is a smart one. There is no region in the world with greater untapped economic potential than Central Asia. As an area rich in human and natural resources, profitable investment opportunities abound.
Discuss the following: Which of the World Bank factors do you believe are the most important to encouraging business growth in Afghanistan? Which of the World Justice Project's indexes do you believe most inhibit business growth in Afghanistan?
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