Leadership- race to the top Creating business-friendly infrastructure Inexpensive, reliable utilities (phone, gas, water, waste) Inexpensive, reliable transport/travel (highways, airports) Ensure a well-educated workforce Create a business-friendly regulatory environment Easy to start a business, higher/fire workers, enforce contracts, get credit, close a business. Political Risks Ownership, Approval systems, anti-competition, infrastructure, business related laws (HR, environment, safety)…
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