Before proceeding into engaging a business in another nation, it is important to analyze and know the risks that one might encounter between his business and the present condition of a country. Considering the possible conditions in the future of the country where the business will be established is also very important. These considerations include the economic and political stability of the target nation, as well as the past potential and future potential of its population with regards to accepting the business. In view of this, following is a risk analysis of doing business in Taiwan.
Taiwan Business Risk Analysis.
Recent business history, that is a few years back, indicates that Taiwan is doing well in the global investment climate. In fact, according to the Taipei Times Online, Taiwan ranks fourth-place and tied with Japan in terms of having a good global investment climate. This study and ranking was conducted by US-based Business Environment Risk Intelligence (BERI). BERI indicates that there is a very low risk in Taiwan when it comes to investing a business in the country. In 2003, Taipei Times Online reveals the following report of BERI.
According to the BERI report, Taiwan's investment climate belongs in the top "A" category, meaning that Taiwan is a low-risk investment destination. .
The report predicts that Taiwan will witness an evident economic recovery next year and that the island's overall investment climate score will rise to 73 points on a zero-to-100 scale from this year's 72 points. .
It also foresees further improvement in the island's investment climate five years from now. By 2008, it forecasts, the island's investment climate score will rise to 74 points, with its world rating remaining fourth. .
Although the previous is a report from the past 2 years, it is important in our risk analysis to learn the capability of Taiwan in managing its investment climate as well as the curve of its investment climate which can affect any business endeavor in the country.
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