Thursday, December 6, 2007

Best Places for Global Business

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Which is the Best Country for Global Business? India, ranked No. 48, is eighth in the world for quality of management schools yet 106th for quality of electricity supply. The bigger story is that India trails that other unfurling economic giant: China finishes 34th overall, showing strength in areas like university-industry research collaboration (25th) and national savings rate (7th) while remaining among the world's worst countries for things like the soundness of banks (128th). As for India, there is always discussion about the extent to which that country's bureaucratic, multistate, multiparty democracy handicaps it--a communist government like China's doesn't worry about building consensus for economic policies. This year TIME partners with the WEF to brings in-depth data on 37 key countries at time.com/globalbusiness If you enjoyed reading this, consider buying India's Innovation Blueprint

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