Question

1. Go to the sources listed below and complete the following table. What can you conclude from the table? Any of the rankings surprise you? Explain your answer.

Table 1

Ranking	Best Country for Business (1)	Corruption Index 2017 (2)	Index of Economic Freedom 2018 (3)
1
2
3
4
5
6
7
8
9
10
Lowest

Table 2

Countries	Ranking of Best Countries for Business (1)	Ranking of Corruption Index 2017 (2)	Ranking of Index of Economic Freedom 2018 (3)
China
Germany
India
Japan
U.K.
U.S.

Table 3 Sovereign Ratings (4)

Countries	Moody’s ratings	S&P ratings	Fitch ratings
China
Germany
India
Japan
Russia
U.K.
U.S.

Sources:

Best countries for business 2017:

https://www.forbes.com/best-countries-for-business/list/

Corruption Index 2017:

https://www.transparency.org/news/feature/corruption_perceptions_index_2017

Index of Economic Freedom 2018:

https://www.heritage.org/index/ranking

Credit Rating

https://countryeconomy.com/ratings

Answer 1

Ranking	Best Country for Business (1)	Corruption Index 2017 (2)	Index of Economic Freedom 2018 (3)
1	UK	New Zealand	Hongkong
2	New Zealand	Denmark	Singapore
3	Netherlands	Finland	New Zealand
4	Sweden	Norway	Switzerland
5	Canada	Switzerland	Australia
6	Hongkong	Singapore	Ireland
7	Denmark	Sweden	Estonia
8	Ireland	Canada	UK
9	Singapore	Luxembourg	Canada
10	Switzerland	Netherlands	UAE
Lowest	Chad (153)	Somalia	North korea
Countries	Ranking of Best Countries for Business (1)	Ranking of Corruption Index 2017 (2)	Ranking of Index of Economic Freedom 2018 (3)
China	66	77	110
Germany	13	12	25
India	62	81	130
Japan	21	20	30
U.K.	1	8	8
U.S.	12	16	18
Table 3 Sovereign Ratings (4)
Countries	Moody’s ratings	S&P ratings	Fitch ratings
China	A1	A+	A+
Germany	Aaa	AAA	AAA
India	Baa2	BBB-	BBB
Japan	A1	A+	A+
Russia	Ba1	BBB-	BBB-
U.K.	Aa2	AA	AA
U.S.	Aaa	AA+	AAA

There is a surprise that china with so much corruption ranked 77th and still among the worlds largest economy . Their ranking in business is very low compare to US and UK still maintaing the A rating. And their business has grown in leaps and bounds with so much challenges.

Same story is with India, ranking is low and ratings also but still they are one of the fastest growing economies in the world and further, their GDP is in top 3 if we look at PPP index. So, these are two amazing and surprising story that with so many challenges, they are still growing fast. Common thing is bith are heavy populated, which make them attractive markets and cheap labor.