Societal Integration in Countries Ranking Similarly in Ease of Doing Business Index

Abstract

Countries across the world differ in terms of macro-environmental factors. These differences reflect in their performance as well as growth and development. Most efficient countries have some common characteristics that make them distinct as compared to less efficient countries. Every year World Bank ranks countries on Ease of doing business Index. The present paper is an attempt to see if like other macro environmental factors (per capita income corruption etc.), there is any pattern in culture/social dimensions as well in two different groups of countries, i.e. countries which are ranked high and those which are ranked low on Ease of Doing Business Index. The data is taken from World Bank’s website. Top and bottom ranking countries were analyzed as two separate groups on two different parameters from Hofstede’s cultural dimension framework, viz., Individualistic vs. Collectivist and Power Distance.