The relationship between private ICT investment and the strength of legal rights indices

Abstract

Investment in ICT has been identified as an important driver of economic expansion and development. It is yet unclear how ICT affects the legal rights index, which regulates the activities of businesses. The proposal's goal is to examine how private ICT spending compares to the index measuring the robustness of legal rights for companies in Europe and Central Asia. This research proposal will investigate the relationship between private ICT investment and the strength of legal rights indices for companies throughout Europe and Central Asia. Dataset WDI.csv from the World Bank will be utilized for the proposed ICT research. This dataset contains indicators such as the index of the strength of legal rights, fixed telephone customers, and investment in public-private partnerships. R-studio will be used to do the actual analysis pf the research findings. The results will help fill gaps in our understanding of how information and communication technologies affect the legal frameworks that govern businesses' operations, and they will inform policymakers and business managers about the value of ICT investment in bolstering the legal rights index and creating a favorable setting in which businesses can thrive.