As part of your research, keep in mind that several organizations publish various rankings and indices of political and legal factors in the major countries in the world. One example of rankings is the World Bank’s Worldwide Governance Indicators page (http://info.worldbank.org/governance/wgi/index.aspx#home). This webpage includes rankings on factors relating the legal and political system such as rule of law, regulatory quality, and political stability. Rankings are given from 0 to 100 on each of these aspects.
The World Bank also does some rankings of the ease of doing business in countries across the world. Their doingbusiness.org has detailed reports on most countries on different aspects of doing business. While they look at many different factors, some of these relate to the legal system such as ease of enforcing contracts or getting a business license. It is worth looking up China on this webpage to get an idea of how friendly China’s legal system is to doing business. In addition to the Doing Business report, Transparency International does an annual report on corruption around the world and their rankings can be found at transparency.org.
But don’t just look at quantitative rankings of China, do additional research to get an overall picture of the legal and political system beyond just a numerical score. Once you are finished doing your research on China, write a three page paper covering the following issues:
- 1) The type of government and level of political stability in China, and whether or not the political system is conducive to doing business?
- 2) The legal/regulatory system in China and whether or not it is conducive to doing business?
- 3) The level of corruption in China, and the impact of corruption on doing business in China?
10 years ago
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