Question 2 Assignment Example | Topics and Well Written Essays - 250 words

Question 2 - Assignment ExampleWhile there are reported approximately positive trends during the recent years including enhancement of the entrepreneurial environment in the country (Roberts 2012), there still are some critical zones that make billet environment less attractive. Thus, for example, based on the infrastructure, red tape, corporate governance, corruption and crime criteria, Philippines is ranked in the last position comparing with Indonesia, Malaysia, and Thailand (Escribano et al, 2009). Moreover, Philippines fail to foster the investors and there are more difficulties in obtaining credits than in its Asian neighbor countries. In terms of attraction of foreign direct investment to the political economy of Philippines, there also exist some formal and informal barriers imposed by government combined with weak judicial system and corruption (Roberts, 2012). tout ensemble these factors make Philippines less desired destination for multinational corporations and foreig n direct investments. Based on the recent World Bank survey results, Philippines fall toward the butt of the ranking of business-friendly environment (Lesher, & Plummer 2011). However, despite even its unfavorable investment climate, according to the UNCTAD, in the first half of 2013 there was recorded the second biggest FDI inflow to the Philippines among ASEAN countries (Malinao, 2013).Escribano, A., Guasch, J., de Orte, M., & Pena, J. (2009). enthronement Climate Assessment in Indonesia, Malaysia, the Philippines and Thailand Results from Pooling Firm-Level Data.Singapore Economic Review,54(3),