World Bank Survey Ranks Chad and Central African Republic Among Lower African Nations
What happened
The World Bank's annual competitiveness survey, released in 2013, listed Chad and the Central African Republic among lower-ranked African nations. The report noted that Singapore and Hong Kong topped the survey for the eighth straight year, while mainland China fell to 96th place. The rankings measure what a small or medium-sized business faces in its home country.
From spacewar.com
Why it matters
The survey focuses on the ease of running a business, noting that while some countries are simplifying procedures, navigating regulations can be complex and costly. The rankings provide an indicator of a country's competitive standing and business environment.
From spacewar.com
Who's involved
- Central African RepublicCountry ranked among lower-ranked African nations in the World Bank survey.
- ChadCountry ranked among lower-ranked African nations in the World Bank survey.
- mainland ChinaGeopolitical area that fell five notches in the competitiveness ranking.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Central African RepublicSpeculative
The low ranking could negatively impact foreign investment and competitive standing via reputation.
Keep exploring
The entities involved
-
Central African Republic
country in Central Africa
-
Chad
sovereign state in central Africa
-
mainland China
geopolitical area under the jurisdiction of the People's Republic of China, excluding Special Administrative Regions