Abstract

The study deals with the ease of doing business and global competitiveness assessment models. Both models basically describe conditions for doing business in a certain country that is being ranked and evaluated. However, different data mining principles differ the results (quantitative and qualitative methods), although factors measured are basically the same concerning its nature and importance. The World Economic Forum’s method takes into account several factors that are possible to evaluate only in quantitative method (e.g. Ethics and corruption). We have overviewed both models and graphically presented evaluation processes with detailed factors that are evaluated in each model.

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