期刊名称：Journal of Business and Social Review in Emerging Economies
印刷版ISSN：2519-089X
电子版ISSN：2519-0326
出版年度：2021
卷号：7
期号：1
页码：51-62
DOI：10.26710/jbsee.v7i1.1533
语种：English
出版社：CSRC Publishing
摘要：Aim of the study is to evaluate climate selected sixty-six countries of the world. Since climate plays a vital role in economic growth of any country and there is dearth of climate models comparing country_x005f?wise position to predict as how climate of country is relatively better than others and how it may change in the future and how will it affect on businesses. Overall design of the study consists of review of literature, data elicitation & analysis. It follows quantitative research philosophy based on secondary data obtained from World Development Indicators (WDI). Grey relational analysis is used method of analysis. A classification is made under a predetermined scheme of ensigns like: much better, better, somewhat better, fair, poor, somewhat worse and worse. Results of the study show that Arabian Countries (AC), mostly member countries of European Union (EE), Organization for Economic Cooperation and Development (OECD) and Union of South American Nations (UNASUR) have much better and conducive climate, whereas, South Asian Association for Regional Cooperation (SAARC) countries have worse and unfavorable climate for business. It is an original and valuable study that uses country level data from a reliable source. Results of the study are useful for international business community, political governments, society at large and researchers.
