Ilustration of investation Agreement

One of the efforts of a country in improving its economic level in addition to attracting taxes and foreign debt is to open investment opportunities as much as possible. The higher the value of the investment, the more it makes the country a chance to improve the economy in the future. Of course, it is not easy to attract investors to invest in a country, there needs to be mutual trust between investors and the state.

One of the bureaucratic reform policies and the cutting of a number of rules by the Indonesian government is not in vain. Recently, a list was published by the US News titled 2018 Best Countries based on a survey of 21,000 people worldwide. One of the topics in the survey is the best country to invest in the world. To rank these best countries, US News focuses only on 8 of the 65 attributes, namely entrepreneurship, economic stability, good tax environment, innovation, skilled labor, technological skills, dynamic, and corruption. The ranking is based on survey results of 6,000 respondents. They are policymakers in the world of business around the world. The proud, Indonesia is ranked 2 of the 20 best countries for investment in the world.

Citing Business Insider, Tuesday (6/3/2018), here are the top 10 best countries for investment in the world.

1. Philippines

Rodrigo Duterte, President of Philippines

Population: 103.3 million people Total GDP: 304.9 billion US dollars Economic growth: 6.9 percent

2. Indonesia

Joko Widodo, President of Indonesia

Population: 261.1 million Total GDP: 932.3 billion US dollars Economic growth: 5 percent

3. Poland

Andrzej Duda, President of Polish

Population: 37.9 million people Total GDP: 469.5 billion US dollars Economic growth: 2.9 percent

Also Read:  The Strengthening of the Rupiah Exchange Currency Dominated Asia

4. Malaysia

Mahathir Mohammad, Prime Minister of Malaysia

Population: 31.2 million people Total GDP: 296.4 billion US dollars Economic growth: 4, 2 percent

5. Singapore

Lee Hsien Loong, Prime Minister of Singapore

Population: 5.6 million people Total GDP: 297 billion US dollars Economic growth: 2 percent

6. Australia

Malcolm Turnbull, Prime Minister of Australia

Population: 24.1 million people Total GDP: 1.2 trillion US dollars Economic growth: 2.8 percent

7. Spain

Mariano Rajoy, Prime Minister of Spain

Population: 46.4 million people Total GDP: 1.2 trillion US dollars Economic growth: 3.3 percent

8. Thailand

Prayuth Chan-ocha, Prime Minister of Thailand

Population: 68.9 million inhabitants Total GDP: 406.8 billion US dollars Economic growth: 3, 2 percent

9. India

Narendra Modi. Prime Minister of India

Population: 1.3 billion The total GDP: 2.3 trillion US dollars Economic growth: 7.1 percent

10. Oman

Fahd bin Mahmoud al Said, Deputy Prime Minister of Oman

Population: 4.4 million The total GDP: 66.3 billion US dollars economic growth: 0.1 percent

In addition, the policy reforms combined with the performance of the national economy, attract investors. The rating of Indonesia as an investment-worthy country beats other Southeast Asian countries such as Malaysia and Singapore. Malaysia sits fourth while Singapore sits in fifth place.

Meanwhile, the top spot is held by the Philippines. The country, led by Duterte, is considered to continue to register growth in foreign investment.

In the next few years, the Philippines is predicted to continue to gain an increase in foreign investment from countries with strong economies such as China. One of the advantages of this country is a trained workforce with a relatively affordable wage.

The best country survey for investment is based on 65 assessment indicators. The main focus is on the 8 main aspects of entrepreneurship, economic stability, taxation regulation, innovation, skilled labor, technological mastery, socio-political dynamics, and corruption.

There were 6,000 respondents who provided feedback on the survey. US News called them an important figure of decision makers in global business.

Reference: businessinsider.com

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